|Press Release 2/2/04|
EPOINT ADDS NEW BUSINESS UNIT
TO DIGITAL VIDEO TECHNOLOGY DIVISION
|First Step in New Business and Growth Strategy|
City of Industry,
Calif.—February 2, 2004—Global ePoint, Inc. (Company) (Nasdaq:
GEPT) added a new business unit to its digital video technology division
as part of its recently announced business and growth strategy, which
includes development of new digital technologies and expansion into new
products and markets. The new business unit marks the Company's first
step in executing that strategy.
About Global ePoint
Global ePoint contract-manufactures customized computing systems for industrial, business, and consumer markets, with capability for specialized, custom-manufacture of other electronics products and systems. Global designs and markets digital video surveillance systems for law enforcement, military, and government (homeland security) markets. Global’s growth strategy includes developing new compression technologies and next-generation digital video systems and servers for a wide range of new markets and applications. For more information go to www.globalepoint.com.
release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements are based on the company's current expectations, estimates
and projections, management’s beliefs and numerous assumptions,
all of which are subject to change. These forward-looking statements are
not guarantees of future results and are subject to numerous risks and
uncertainties. Our actual results could differ materially and adversely
from those expressed in any forward-looking statement. For example, we
may not be able to close any acquisition and we may not be able to raise
additional financing in the future. The forward-looking statements in
this release and presentation speak only as of the date of this release.
We undertake no obligation to revise or update publicly any forward-looking
statement for any reason. These and other risk factors are detailed in
our periodic filings with the Securities and Exchange Commission.