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GLOBALMEDIA.COM REQUESTS NASDAQ HEARING
REGARDING SCHEDULED DELISTING OF ITS COMMON STOCK
Vancouver, British Columbia, Canada, March 1, 2001, GlobalMedia.com (Nasdaq: GLMC) announced today that it has
requested a hearing before a Nasdaq Listing Qualification Panel (the "Panel") to review the scheduled delisting of
GlobalMedia.com's common stock from the National Market System. GlobalMedia.com received a Nasdaq Staff Determination
notice on February 21, 2001 indicating that its common stock had failed to maintain a minimum bid price of at least $1.00 as
required for continued listing by Nasdaq Marketplace Rule 4450(a)(05), and that its securities are, therefore, subject to delisting.
Under the Nasdaq rules, the scheduled delisting is stayed pending the outcome of the hearing, which is scheduled for
March 30, 2001. GlobalMedia.com is actively pursuing measures to bring it back into compliance with the Nasdaq rules.
However, there can be no assurance that GlobalMedia.com's efforts will be successful or that the Panel will grant
GlobalMedia.com's request for continued listing.
GlobalMedia.com (www.globalmedia.com) develops customized Internet solutions for media and entertainment companies.
With a strong background in streaming radio broadcast technology, the company develops custom internet broadband and
wireless solutions for clients including the NFL, World Hockey Net and 4Kidsentertainment. Winner of the prestigious Linux
Journal award for the "Best Overall Linux Solution" at Comdex Fall "99 for its Internet streaming audio technology,
GlobalMedia.com's new focus is on developing Internet video technologies, that will provide media and entertainment
companies the opportunity to expand their reach globally.
Forward-looking Statements. This announcement contains forward-looking statements that are subject to significant risks
and uncertainties. Although GlobalMedia.com