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Globo plc

WiFi contract extension worth €550,000 in
2009

Globo plc ("Globo" or the "Company"; LSE-AIM:
GBO), a leader in the Information and Communications Technology market
in Greece, announces that it has been awarded, by
Information Society S.A., a contract extension for
a public hotspots project.  

The new contract has a total value of €1.1
million, of which Globo‘s share
is €550,000. The project will be
completed by the end of 2009 with all of the revenues being earned in the
current year.

Under the original public hotspots contract, which
was signed in November 2008 and had a total
value of €3.7 million, Globo installed
160 public WiFi hotspots, in partnership with PC Systems S.A., to allow
free wireless broadband internet
access to the public across Greece. 

The new contract
relates to the installation of an additional 30
new public WiFi hotspots in
central squares, railway stations, harbours and airports throughout Greece. Globo
will provide a specialised software platform to enable user
access control, security, network management and the capture
and extraction of data for statistical
reports on wireless internet
access by users of hotspots. 

Globo is in discussions
for a contract to provide ongoing support services for the whole network of
hotspots once the new contract has been completed.

Costis Papadimitrakopoulos,
Managing Director, commented:

"This project represents the
biggest deployment of wireless
broadband internet access to the general public so far undertaken
in Greece. The contract
extension demonstrates Globo‘s
technology leadership in the area of Wi-Fi networks. It
expands our hotspots network which now
has more than 400 Globo-owned WiPlus hotspots of
which more than 70 are owned
by customers running on our technology across 5 European countries. It
also illustrates our approach of
continuously developing new wireless and mobile
broadband solutions, for international markets, which
has seen the development of innovative new products such as CitronGO!."

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