Globo plc

24 January 2008

FOR IMMEDIATE RELEASE                               THURSDAY, 24 January 2008
               Globo plc wins contracts for €1.02 million

                  for three Greek Chambers of Commerce
Globo plc ("Globo" or the "Company"; LSE-AIM: GBO), a leader in the Information

and Communications Technology market in  Greece, announces that it has signed

contracts with the Chambers of Commerce of Lakonia, Argolida and Viotia for an

aggregate value of €1.02 million.
Globo will develop specialised business web portals as well as B2B and B2C e-

commerce platforms. These web portals and  platforms will act as e-business

centres enabling members to find business information and seek potential

collaborations, as well as facilitating online transactions. The platforms will

incorporate Globo software products,  such as "CITRON Business Operating System"

and "MarketLine E-Commerce Suite", with extensions to the Chambers’  backoffice

systems being provided by "SGA – G. Avramidis" (a specialised software company

from Thessalonica) and  representing 20 per cent of the total value of the

contracts.
These are one year projects with the bulk of the revenues being earned in 2008.
Costis Papadimitrakopoulos, Managing Director, commented:
"Globo’s success in winning these significant contracts reflects the company’s

expertise and leading role in developing  specialised software platforms for E-

Business and E-Commerce. By enabling local enterprises and SMEs to utilise the

advantages offered by Globo’s software products, we believe that these projects

will contribute to the economic  development of the regions concerned."
END
CONTACTS
Globo plc

Costis Papadimitrakopoulos, Managing Director                +30 210-646-6008

Dimitris Gryparis, Finance Director                          +30 210-646-6008
Bankside                                                     +44 20-7367-8888

Simon Bloomfield or Steve Liebmann
NCB Stockbrokers Limited (Nomad & Broker)                    +44 20-7071-5200

Christopher Caldwell or Jonathan Gray
About Globo
Found in 1997 by Konstantinos Papadimitrakopoulos and headquartered in Halandri

(a suburb of Athens), AIM-listed Globo  has established itself as one of the

market leaders in the Greek ICT market. It provides e-business and telecom

software products and related services to the private and governmental sectors

in Greece as well as developing and  operating broadband wired and wireless

networks. It has developed to become one of the largest e-business software

vendors in Greece.
The three components of the Globo Group’s key software revenue stream are

outlined below:
• products and services that facilitate e-business;

• products and services that enable access to broadband; and

• resale of third-party goods
The first two of these product groups, the e-business and broadband access, are

offered under a software licence or as  S.a.a.S.
Globo’s products are used by private and public organisations that include more

than 600 corporate and SME clients and  more than 60 public sector clients. They

are also sold through 14 value added resellers to a large number of indirect

customers. Globo’s direct private sector customers include Xerox, National Bank

of Greece, Velti, Group Marinopoulos  and the University of Brighton.
Globo’s public sector customers in Greece include the Ministry of Foreign

Affairs, the Ministry of National Education  and Religious Affairs, the

Municipalities of Halandri and of Maroussi and the Hellenic parliament.
Globo’s e-Business platform, as well as its e-Commerce and broadband access

technology products have been successfully  marketed and operated in Greece, UK,

Ireland, France, Belgium, Cyprus, Romania, Bulgaria, Spain and Italy.
                      This information is provided by RNS

            The company news service from the London Stock Exchange