Global eScience Acquires WISP - Telespace, Inc. CARSON CITY, Nev., May 16 /PRNewswire-FirstCall/ -- Global eScience (OTC:GSNC), a communications provider, today announced that they have finalized the acquisition of Telespace Net, Inc. (Telespace), a wireless internet services provider (WISP). Acquiring Telespace strengthens its communications offering and gives Global eScience access to the Federal Emergency Management Agency (FEMA) efforts. Telespace technology has recently enabled FEMA to deploy VoIP and other communication services to emergency relief efforts. "Telespace's internet services are a great addition to our already strong Communication offering. The company's experience working with FEMA contracts allow us access to Government Emergency Relief Efforts. We will be focusing on emergency Homeland Security programs and security related platforms by delivering VoIP and other communications service. We will have the capability to assist victims such as those that Telespace assisted in Florida during the Hurricanes of 2004," comments Virgil Hentz, Chairman of Global eScience. Telespace offers Wireless Internet services worldwide specializing in broadband internet access as well as prepaid, internet and offshore call center telephony services. Telespace offers its services to small-medium sized businesses. "Being acquired by Global eScience will assist us in growing our business and delivering services to a greater population who today have no access to bandwidth intensive applications such as VoIP, high speed internet access, and streaming video," explains Elmer Salcido President and COO of Telespace. For additional information on Telespace please visit http://www.telespace.biz/ . Company Profile: Global eScience provides voice, video and data services through VoIP, Wireless and media content applications. Daily bid and asked prices are available at http://www.pinksheets.com/, Ticker:GSNC. For additional information on Global eScience please contact us at http://www.globalescience.com/ . Statements in this news release about anticipated or expected future revenue or growth or expressions of future goals or objectives are forward- looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements in this release are based upon information available to Global on the date of this release. Any forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements. DATASOURCE: Global eScience CONTACT: Virgil Hentz, Chairman and CEO of Global eScience, +1-952-888-7280 Web site: http://www.globalescience.com/ http://www.telespace.biz/

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