Global ePoint Receives FAA Certification and Manufacturing Approval for Overhead Video Entertainment System Retrofit for Boeing 757 & 767 Series Aircraft

CITY OF INDUSTRY, Calif., April 10 /PRNewswire-FirstCall/ -- Global ePoint (OTC: GEPT - News) announced today that its Aviation division, Global AirWorks has received Federal Aviation Administration (FAA) approval for Supplemental Type Certification (STC) of its new In-flight Overhead Video Entertainment system for installation on Boeing 757 and 767 series airplanes. The old and obsolete CRT or LCD based projectors and CRT monitors are replaced with state of the art high resolution LCD monitors ranging in size from 17" to 42", all featuring the popular wide screen format. The tape, CD or DVD based source equipment is replaced by hard disk based servers with much larger storage capacity for audio and video programming. This allows the airline to offer passengers a wider choice of programming on longer flight sectors. The weight savings on a typical Boeing 757 and 767 are 500 Lbs. (227 Kg.) and 700 Lbs. (318 Kg.) respectively. Typical power savings are 250 watts and 750 watts respectively. Global AirWorks provides the entire system on a turnkey basis including installation design, installation kits, installation and certification. A typical installation can be performed on an overnight layover by a team of trained AirWorks technicians.

The ‘launch’ customer is one of Latin America's oldest and fastest growing airline with destinations in the Americas and Europe.

Global AirWorks entry into the in-flight entertainment retrofit market is a departure from its traditional surveillance and security product offering (CDSS) to the airlines. Global ePoint CEO Ms. Toresa Lou said, "While we were marketing our now very successful Cockpit Door Surveillance and Security System (CDSS) to the airlines, we started to look for other areas of synergy for our core technologies and further segments of the market that are under-served by the established IFE suppliers. This along with the expertise available within AirWorks, led us to develop a low cost, light weight, easy to install retrofit overhead IFE system. With fuel costs now accounting for more than a quarter of an airline's direct operating costs, the fuel savings resulting from our retrofit on a typical B767 of approximately $25,000 per year based on weight alone are substantial. We have the ability to perform the retrofit and certify the installation within four to six months as opposed to the typical nine to twelve month lead time."

"We believe there are over 500 Boeing 757 and 767 that are flying with the old CRT monitors and projectors. Our IFE retrofit products sell for between $175 to $250 thousand per ship set, providing us with a substantial niche opportunity," added Ms. Lou.

The Company’s Aviation division contains Global AirWorks, whose primary communications and security products include the Cockpit Door Surveillance System (CDSS), a digital electronic "flight bag" of all flight and on-board manuals and records for pilots, In Flight Entertainment products and Laptop Computer Power System for passengers and flight crews. AirWorks customers include airline major OEMs, such as AT&T Aviation, BAE Systems, L3 Communications, and Rockwell Collins; all major U.S. airlines; and all major international carriers, including ATA, Air China, Bombardier, Finnair, Varig, KLM, Lufthansa, and Cathay Pacific. AirWorks holds more than 40 supplemental type certificates (STC) certifying AirWorks as a Federal Aviation Administration (FAA)-approved manufacturer and installer for a range of interior equipment and systems for a variety of commercial aircraft flying worldwide.

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 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. Factors that could cause or contribute to differences include, but are not limited to, 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.

Contact:
Global ePoint, Inc.
John Price
909.839.1700
[email protected]