CITY OF INDUSTRY, Calif. — (BUSINESS WIRE) — June 29, 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 wholly-owned subsidiary Tops Digital has been awarded a contract valued at approximately $426,000 to upgrade the video surveillance system at the new $250 million Morongo Casino, Resort and Spa located in Cabazon, California. The Morongo Resort has 310 deluxe rooms and suites, many with spectacular mountain vistas and canyon views, and six secluded casitas at the oasis, each with a private lounging pool.

The Morongo Casino has finalized plans for upgrading the surveillance and security system initially provided by Tops to larger units for longer storage of recorded data. Tops will be increasing the 3.75 Terabyte systems to 6.0 Terabytes. In addition, Casino Morongo will also be expanding the system and adding additional Tops equipment. Tops’ scalability and expandability allows customers to cost-effectively add modules to the system to meet expansion requirements. Another benefit of Tops’ equipment is that the customer receives the latest software updates without having to replace software, incurring additional costs. This ensures that the customer will always have the latest cutting edge CCTV technology.

Prior to selecting Tops’ equipment, the Digital Committee of Casino Morongo conducted a two-year study of all existing DVR’s available in the marketplace, as well as actually having demo units installed in their surveillance room for live testing and evaluation. They tested for reliability, ease of use, features and functionality. The high quality resolution with small file sizes of the Tops equipment made large capacity storage more affordable. Also, due to the user friendly interface, operators are able to be trained in a very short period of time which reduces start-up costs.

"We are pleased that Morongo Casino has selected Tops to provide video surveillance and security," said Toresa Lou, Global ePoint’s Chief Executive Officer. "Tops has been particularly strong in providing innovative security solutions to the gaming industry, and Morongo’s decision to upgrade its system reflects the positive user experience it has had. We believe that Tops, which we recently acquired, will contribute significantly to the growth we expect this year."

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 visitwww.globalepoint.com

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, whether its markets will become growth catalysts for Global ePoint and whether Tops achieves its target of generating $8 million in revenue over the next 12 months. 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.

Contact:
Global ePoint, Inc.
John Price, 909-839-1700
[email protected]
or
CEOcast, Inc. for Global ePoint
Andrew Hellman, 212-732-4300