Global ePoint’s Aviation Division Receives $750,000 in Additional Contracts for Fourth Quarter Delivery

Record Quarterly Revenue of Over $5 million Expected for Aviation Division

CITY OF INDUSTRY, Calif. — (BUSINESS WIRE) — Oct. 28, 2005 — Global ePoint Inc. (NASDAQ: GEPT – News), a leading manufacturer of security technologies for the aviation, law enforcement, industrial and commercial markets, today announced that its aviation division has received additional contracts for approximately $750,000 to be included in fourth quarter planned deliveries.

The additional orders consist of Engineering, Certification, Installation kits and Installation labor for Avianca Airlines B757s and B767s. Avianca is currently retrofitting the complete interiors of all aircraft and, with this upgrade program, will undertake a change of seating configurations requiring certified drawings, interior compliance inspections and additional seats, passenger service units and associated wiring. The required modification is to take place on twelve 757/767 aircraft in Colombia. AirWorks installation teams already on–site in Colombia will complete the required installation work.

"These new contracts will increase Airworks’ planned deliveries for the fourth quarter to over $5 million," stated Ricky Frick, President of AirWorks. "Of the planned deliveries, the newly opened hangar facility in Tulsa is scheduled to deliver $1.1 million in the quarter out of a $5.4 million total backlog already booked for the Tulsa operation.

"We are extremely pleased that our development of new products and services earlier in 2005 is producing the sales and shipment growth we are now seeing in the fourth quarter, as well as the solid backlog we have already put in place for 2006," said Frick.

"In addition to these successes, we have accelerated our demonstrations of the Cockpit Door Surveillance System (CDSS) and Electronic Flight Bag (EFB) following the release of the FAA’s cockpit door NPRM and other countries’ recent mandates. Achieving mass distribution of our digital technology products while increasing our service and modification operations continues to be our objective."

Global ePoint designs, manufactures, sells and distributes digital video surveillance systems for the law enforcement, military, aviation and homeland security markets. On the cutting edge of digital technology, Global ePoint is developing new compression technologies and next–generation, secure network digital video systems and servers for a wide range of new markets, concentrating primarily on security and homeland defense applications. The Company also manufactures customized computing systems for industrial, business and consumer markets, as well as other specialized electronic products and systems. Complete vertical integration — from design and manufacturing to sales and distribution — allows the Company to capture efficiencies and maintain cost advantages in these growing markets, particularly homeland security. For more information, please visit

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, whether Global ePoint’s stock price will attain the Red Chip price targets during the time frames specified, or at all. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward–looking statements. Factors that could cause or contribute to differences include general stock market conditions, risks related to the integration of the Company’s recently acquired operations; market acceptance of the Company’s products; delays in the introduction of new products; production and/or quality control problems; further approvals of regulatory authorities and the denial, suspension or revocation of certifications and licenses by governmental authorities; and the Company’s ability to obtain capital as and when needed. For a discussion of these and other factors which may cause actual events or results to differ from those projected, please refer to the Company’s most recent annual report on Form 10–KSB and quarterly reports on Form 10–QSB, as well as other subsequent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any forward–looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.

Global ePoint, Inc.
Investor Relations
Paul Goodson, 909.839.1719
[email protected]
CEOcast, Inc. for GlobalePoint
Comac Glynn, 212.732.4300