Blount Returns to Busch Series with New Team and New Sponsors; GlobalNet Corporation is new Telecom Sponsor.Business Editors/Automotive Writers/High-Tech Writers AVENTURA, Fla.--(BUSINESS WIRE)--May 28, 2004 Chad Blount will make his return to the NASCAR NASCAR (National Association for Stock Car Auto Racing), organization that sanctions American stock-car races, est. 1948. It held its first race in Daytona Beach, Fla. Busch Series this weekend in a rather unique set of circumstances. He will pilot the #78 DODGE. "I can't wait to get back behind the wheel this weekend," said Blount. "We had planned on running the ARCA race this week, but this great opportunity suddenly became available to me! It's also exciting to have this new Busch ride is part of a partnership with my old team at Braun Racing. Todd Braun and I have had some great success in racing and I think we can reproduce those achievements. I can't express my gratitude enough to all of the parties involved." The team also welcomes aboard another important piece to this program -- the sponsor support needed to compete at the NASCAR level. The #78 DODGE will be jointly sponsored by iDialDirect (www.idialdirect.com) and IDT IDT Integrated Device Technology, Inc. (Santa Clara, CA, USA) IDT I Don't Think IDT Identity Theft IDT Interrupt Descriptor Table IDT Integrated DNA Technologies IDT Inactive Duty Training IDT Instructional Design & Technology (NYSE NYSE See: New York Stock Exchange :IDT), two recognized telecommunications companies. iDialDirect is one of the products offered by GlobalNet Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :GLBT GLBT Gay, Lesbian, Bisexual, Transgendered ) using Internet-based Voice-Over-Internet-Protocol (VOIP (Voice Over IP) A digital telephone service that uses the public Internet as well as private backbones instead of the traditional telephone network. Many companies, including Vonage, 8x8 and AT&T (CallVantage), typically offer calling within the country for a ), as well as traditional telecom technologies, to provide high-quality, low-cost retail and wholesale telecommunication services. "To come in as a new team and have the support of such respectable companies as iDialDirect and IDT is wonderful. We are taking this one race at a time and we want to show these companies how powerful a motorsports marketing program can be with our team. Ultimately, we want to make this into a multi-race program for both of these fine sponsors," remarked Braun. The #78 iDialDirect.com DODGE will be headed up by crew chief Todd Lohse, who earlier this season served the same capacity for David Stremme and his #32 TRIMSPA X32 DODGE. The learning curve between driver and crew chief should be short as Lohse and Blount actually worked together for a few races late last season when Chad drove the #66 Miller High Life DODGE. Blount, a native of Walkerton, Ind., will be making his 20th career start in the NASCAR Busch Series. He will also be making his 2nd Busch Series start at Lowe's and he has two other starts at the 1.5 mile track in the ARCA RE/MAX RE/MAX Real Estate Maximums (Canada) Series that netted a win and a 4th place finish. Blount is entering the Lowe's Motor Speedway Lowe's Motor Speedway (formerly Charlotte Motor Speedway) is a speedway in Concord, North Carolina, north of Charlotte. It features a 1.5 mile long quad-oval track that seats 167,000 people, with room for 50,000 more spectators in the infield. debuting the #78 iDialDirect.com DODGE in the running of the Carquest Auto Parts 300. The race will be televised live Saturday, May 29th at 12:30 p.m. eastern time on FOX and will broadcast nationally at that same time on radio stations affiliated with Motor Racing Network The Motor Racing Network (MRN) is the radio broadcasting operation of NASCAR. It broadcasts coverage of most major NASCAR races at the top three levels of NASCAR: the NEXTEL Cup, the Busch Series and the Craftsman Truck Series. (MRN MRN Motor Racing Network MRN Medical Record Number MRN Magnetic Resonance Neurography MRN Medicare Remittance Notice MRN Matières Radioactives Naturelles MRN Meteorological Rocket Network MRN Manufacturers Resource Network ) and XM Satellite Radio Channel 144. About GlobalNet Corporation GlobalNet Corporation is one of the top ten U.S. service providers of outbound traffic to Latin America and counts among its customers more than 30 Tier 1 and Tier 2 carriers. GlobalNet provides international voice, data, fax and Internet services on a wholesale basis over a private IP network to international carriers and other communication service providers in the United States and internationally. GlobalNet's state-of-the-art IP network, utilizing the convergence of voice and data networking, offers customers economical pricing, global reach and an intelligent platform that guarantees fast delivery of value-added services and applications. More information may be obtained from our website at http://www.gbne.net. Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price, volatility, product demand, market competition, risk inherent in the Company's domestic and international operations, imprecision in estimating product reserves and the Company's ability to replace and expand its holdings. |
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