Global eScience Continues to Invest in Communication Services CARSON CITY, Nev., June 28 /PRNewswire-FirstCall/ -- Global eScience, a communications provider, and its Board of Directors announced today that they are investing $500,000 for capital expansion of its communications network to provide a suite of residential and business class VoIP services. The current sales pipeline projects additional revenues of $20-$30 million within the first year of deployment. Virgil Hentz, Chairman and CEO states, "The timing couldn't be better for investing in communications. Never have we seen such a mass migration of consumers and businesses moving away from conventional telephony providers. VoIP is becoming the voice of choice." Industry analysts state that the US residential telecom voice/data market is a $130 billion business serving over 100 million households. Wireline and wireless voice services make up over 80% of the market. Wireline voice services are shrinking rapidly for traditional carriers due to competitive pressures from data and wireless voice providers. Nearly 50% of Americans utilizing traditional carriers stated that they would consider buying Telephony services from non-conventional providers. Consumers have a choice and they are choosing alternative sources for voice services. Global eScience has positioned itself very well with its recent acquisitions of Cierra Communications, a VoIP service provider, and Telespace Net Inc., a wireless ISP, to capture a percentage of the ever growing VoIP market. By investing heavily now, Global eScience will ensure a positive growth pattern. 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/, (OTC: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/

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