Global ePoint's Global AirWorks Aviation Division Receives Order for Cockpit Door Surveillance Systems from Leading Aircraft Leasing Companies

CITY OF INDUSTRY, Calif. — (BUSINESS WIRE) — April 26, 2006 — Global ePoint, Inc. (Nasdaq: GEPT – News), a leading manufacturer of security technologies for the aviation, law enforcement, government, and commercial / industrial markets, announced today that its Global AirWorks Aviation Division has generated strong sales of its Cockpit Door Surveillance System (CDSS) kits to major aircraft leasing companies. The CDSS is already installed on over 800 aircraft flying worldwide on major international airlines and domestic carriers.

International Lease Finance Corporation (ILFC) recently ordered 4 kits, two for its 737 aircraft, one for an Airbus A330 and one for an Airbus A319, while CIT Capital Finance ordered one Airbus A319 kit. Earlier this year, GECAS, a unit of GE Capital, placed orders for three Airbus A320 CDSS kits. Last year, GECAS placed orders for nine A319 CDSS kits.

"The aircraft leasing industry represents one of the largest owners of aircraft in the world," said AirWorks President, Ricky Frick. With more than one third of the world fleet under lease, this not only opens a new market for our CDSS kits but confirms the continued demand by leading aircraft operators to drive purchases by aircraft lessors. "The repeat orders from our customers demonstrates the important role that the CDSS can play in airline safety," continued Mr. Frick.

The AirWorks System provides up to 16 cameras within the cabin and cargo area of the aircraft. One camera is mounted just outside of the cockpit door, with two cameras in the forward galley and passenger loading area directly outside of the cockpit. Cockpit components are 2 LCD screens one located on each pilots position within the cockpit.

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 include, but are not limited to, statements about the Company’s anticipated future revenues and profitability, statements about expected government regulatory actions, whether the Company gains traction in surveillance markets, whether its markets will become growth catalysts for Global ePoint and whether Tops achieves its target of generating $8 million in revenue over the next 12 months. 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, potential delays in the enactment of government regulations, such as FAA mandates concerning flight deck door surveillance systems, or changes in anticipated regulations, or financial distress in the airline industry, all of which could negatively impact the Company's sales to the airline industry, Global ePoint’s success in capturing market share in these markets. For a discussion of these and other factors that 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]

Contact:
CEOcast, Inc. for Global ePoint
Ed Lewis
212.732.4300