Global ePoint Receives Follow-On Order for Cockpit Door Surveillance System From World’s Largest Aircraft Leasing Company

CITY OF INDUSTRY, Calif., July 26 /PRNewswire-FirstCall/ -- Global ePoint, Inc. (Nasdaq: GEPT - News), a leading manufacturer of digital surveillance and detection solutions, today announced that its Aviation Division, Global AirWorks, received a follow-on order for its Cockpit Door Surveillance Systems (CDSS) from International Lease Finance Corporation (ILFC), the world's largest lessor of new aircraft.

ILFC has placed a follow-on order for the AirWorks CDSS system for new A330 aircraft to be delivered to Germany's LTU International Airways. To date, ILFC has ordered AirWorks CDSS kits for Air Berlin’s A319 aircrafts, LTU's A330 aircraft and Pegasus’ B737 aircraft.

ILFC is the international market leader in the leasing and remarketing of advanced technology commercial jet aircraft to airlines around the world. ILFC owns a portfolio of more than 800 jet aircraft valued at more than $40 billion. LTU was founded in 1955 and is one of Germany's largest and safest airlines, carrying more than 5.6 million passengers on its 26 jets. The LTU fleet is one of the most modern in the world.

Global AirWorks President, Ricky Frick, commented, "Our Cockpit Door Surveillance System continues to be the industry’s leading solution for commercial airlines looking to comply with cockpit surveillance mandates. Shortly after 9/11, Germany mandated cockpit surveillance for all commercial aircraft operating within the country’s borders. Since that mandate Global AirWorks has captured over 80% of the German market for cockpit surveillance."

Frick concluded, "Currently only 10 countries around the world have mandated cockpit surveillance, representing only a fraction of the total commercial aircraft market. We look forward to other countries mandating this essential security solution in the future."

The Global AirWorks’ CDSS: Cockpit Door Surveillance System provides video surveillance cameras throughout the cabin and cargo area along with touch screen access monitors mounted in the cockpit to enable the pilots to maintain a complete visual of the aircraft. The CDSS not only allows the flight crew to maintain the safety of the cockpit but it also provides a comprehensive safety and security tool for incidents of air rage, fire or mechanical issues, and loss prevention.

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 commercial 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 www.globalepoint.com

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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. 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.

Investor Relations Contact:
MKR Group, LLC
Charles Messman or Todd Kehrli
(818) 556-3700
[email protected]