GlobalNet Services, Inc. (GNSI) Achieves 44 Percent Growth in 2009

February 1, 2010

GlobalNet Services, Inc. (GNSI) today announced financial results for the 2009 fiscal year. The company achieved its stated objectives for the fiscal year of strong growth in IT services; strengthened its leadership team; developed new partnerships; and opened new customer accounts.

"We're very encouraged by the progress we've made over the past fiscal year," said GNSI CEO Ori Reiss. "We've achieved significant revenue and backlog growth which positions us well as we enter fiscal 2010. We look for similar growth in 2010 based on our success of providing the high level of IT services GNSI is known for to our government and commercial clients.”

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About GNSI

Founded in 1995, GlobalNet Services, Inc. (GNSI) is a fast-growing, award-winning information technology firm. GNSI is a premier provider of Web Application Development, Systems Integration, Enterprise Search, and Business Intelligence solutions.

GNSI is a Capability Maturity Model Integration (CMMI®) Maturity Level 3 company for Software and Systems Engineering.

GNSI is the recipient of several awards including the Washington Technology Fast 50 Award, and has received multiple recognition awards from the U.S. Food and Drug Administration.

For more information:

Please contact us at info@gnsi.com or call 301-770-9610. or call David Logsdon at 301-770-9610.