Global ePoint’s Aviation Division Enters Indian Aviation Market Through First Sales of Cockpit Door Surveillance Systems

New Airbus A320 Aircraft Deliveries to Two Carriers to Be Delivered with Airworks Cockpit Door Surveillance Systems

CITY OF INDUSTRY, Calif. — (BUSINESS WIRE) — Feb. 21, 2006 — Global ePoint, Inc. (NASDAQ: GEPT - News), a leading manufacturer of security technologies for the aviation, law enforcement, commercial and industrial markets, announced today that its AirWorks Aviation Division recently completed the first sales of its Cockpit Door Surveillance System (CDSS) into the Indian aviation market. GE Capital Aviation Services (GECAS) purchased the CDSS for use by Air Deccan and Indigo Airlines, two fast-growing regional carriers, who will be leasing two Airbus A320 aircraft. The CDSS is already installed on over 800 aircraft flying worldwide on major international airlines and domestic carriers.

"We are excited to complete the first sales of the CDSS into one of the fastest growing aviation markets in the world," said Ricky Frick, President of the Company’s AirWorks Division. "India’s economy, which represents Asia’s fourth largest market, is on the threshold of globalization, with the aviation industry expected to play an increasingly important role. Our ability to enter new markets early has the potential to deliver strong revenue growth, as we previously demonstrated in Germany where we have 88% of the market. Emerging markets, such as Mexico and India, represent attractive opportunities for AirWorks to grow."

At last year’s Paris Air Show, Indian carriers accounted for more than half of the US$13 Billion orders. Recently, Air India placed an order for 68 jets (US$11 Billion), the largest single order in India’s Civil Aviation history. In 2005, India’s air traffic was almost a million passengers and with this year’s forecast of a 15-18% domestic traffic growth, India's air travel market is poised to grow about 30% over the next five years.

Recognizing India’s growing stature in the aviation market, the Federal Aviation Administration has decided to open its first overseas office in India, a move that is seen as a measure of India's growing importance in the field of aviation in the region. Announced during the Indian Civil Aviation Minister Praful Patels’ official US visit, the New Delhi liaison office, staffed by a permanent FAA representative, seeks to develop greater technical cooperation and field agreements not only in aviation infrastructure, air traffic control systems and certification, but more importantly, aviation safety systems.

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 the Company gains traction in surveillance markets and whether its markets will become growth catalysts for Global ePoint. 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, but are not limited to Global ePoint's success in capturing market share in these markets. For a discussion of these and other factors that 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.
Paul Goodson
[email protected]

CEOcast, Inc. for Global ePoint
Ken Sgro