Globo plc

26 February 2008

FOR IMMEDIATE RELEASE                                        26 February 2008
                                    GLOBO plc
                   €0.6M CONTRACT FOR THE PARLIAMENT OF GREECE
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 a
€622,000 contract with the Parliament of Greece as part of a project with a

total value of €1.7 million.
Globo, in partnership with Info-Quest S.A. and AMS, will provide specialised

software, services and equipment for digitalising and documenting newspapers,

maps, books and other documents that form part of the Parliament of Greece

Library. The project will use Globo’s software products including ‘CITRON

Digital Library’ together with book scanners and microfilm archive writers

provided by Zeutschel GmbH for which Globo is the sole agent for Greece and

Cyprus.
The collection of works that will be digitalised include 70,000 book volumes and

approximately 7,000 Greek and foreign newspapers and magazines. Within the

framework of this project, 10,000 rare books dating from 1471 to 1850 will also

be digitalised along with rare maps, historic prototypes of the Constitutions

of the Greek Nation and protocols for the oaths taken by the Kings of Greece

and Presidents of the Hellenic Republic.
This is a one year project with the bulk of the revenues being earned in 2008.
Costis Papadimitrakopoulos, Managing Director, commented:
"This interesting project will play an important role in the preservation of

historical documents and works of art which have contributed so much to

contemporary Greek history.  It is the second major contract received by Globo

in the past two months for digitalising Greek state archives and demonstrates

the Company’s success in this field."
CONTACTS
Globo

Brett Miller, Non-executive Chairman                     +44 (0) 20-7584-3663

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

Dimitris Gryparis, Finance Director                          +30 210-646-6008
Bankside                                                 +44 (0) 20-7367-8888

Steve Liebmann or Simon Bloomfield
NCB Stockbrokers Limited (Nomad & Broker)                +44 (0) 20 7071 5200

Christopher Caldwell or Jonathan Gray
About Globo
Founded in 1997 by Konstantinos ("Costis") 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