Global Connections Inc. Signs Agreement With Golden Rule Insurance.

OMAHA, Neb.--(BUSINESS WIRE)--Aug. 24, 1999--

Global Connections Inc. (OTC BB:GLCO) Tuesday announced that its wholly owned subsidiary, Insurance Benefits Service Association has signed an agreement with Golden Rule Insurance Company.

Under terms of the agreement, Insurance Benefits Service Association (IBSA) will provide traditional and Internet produced insurance leads for the under 65 personal individual health insurance market to Golden Rule Insurance. (IBSA) has positioned itself to generate millions of leads annually and pricing them between eight to ten dollars per lead.

Golden Rule Insurance Company is a major provider of health insurance for groups and individuals, life insurance, and annuities. "Their premium income puts them among the top 100 insurance companies in the United States," stated President Stephen Bowman.

Golden Rule is rated "A" (Excellent) by A.M. Best, and "AA-" (Excellent) by Standard & Poor's. These ratings are an indication of financial strength and stability. Since its inception on Nov. 16, 1940, Golden Rule has established itself as a leader and innovator in the insurance industry.

Golden Rule continues to provide its policyholders with the best long-term value in the marketplace and maintains its role as a leader and innovator in the insurance industry with the introduction of new products in the 1990s.

After extensive market research, the Company introduced Asset-Care(R) in July 1990 -- a retirement account that protects the policyholder in many different ways. Also in July 1990, Golden Rule introduced Shared Risk(R)(now titled Hospital Surgical), a basic insurance plan designed to cover large, unexpected health care expenses. This product lowered the cost of health insurance by 30 percent while providing solid coverage.

Global Connections, which recently launched http://www.InsuranceBenefits.com, is strategically focused towards the online insurance industry. The Web site offers consumers access to a broad range of insurance product information and links consumers with a qualified licensed agent to interact with for quotes and insurance solutions.

Recent projections for personal insurance sold on the Net could easily swell to $11 billion in 2003 from $1.5 billion in 1998, according to market research firm Forrester Research. And the online mortgage market could surge to $90 billion by 2002, notes Forrester.

Now with the growing demand for services of providing auto insurance and home loans online, online insurance services provider Global Connections (OTC BB:GLCO) is positioning itself to be the global leader with Insurance Benefits Service Association. (IBSA) is the world's first 24-hour nationwide Internet insurance service association that offers immediate leads and other sales support to individual agents and brokers.

Global Connections Inc.'s new nationwide Internet service combines the best of both worlds because it allows consumers to shop for virtually all insurance products online and also interact with a qualified agent. All product lines, including personal, business, life and health, auto, home, financial planning, retirement planning, and supplemental products such as Medicare supplements, are listed with a product description.

Besides providing access to a broad array of products, InsuranceBenefits.com also offers consumers insurance solutions, rather than just products -- helping consumers to resolve their insurance problems and showing them how to find a policy that's right for them. Consumers who go to the site to shop for insurance can complete application questions about the product that interests them. The application is then instantaneously e-mailed by IBSA, which serves as the conduit, to one of its agent members in the territory closest to the applicant. The agent in the territory responds to the applicant either via the phone or the Internet and comes back with a quote.

The advantages of InsuranceBenefits.com include a large range of products since the agent members of IBSA represent insurance carriers throughout the country. InsuranceBenefits.com is also aiming to expand the concept of buying insurance over the Internet by offering more complicated decision type items, which is especially where the agent is a factor for the online shopper.

Investors, stockbrokers, fund managers and media correspondents seeking additional information can contact the public relations firm Wall Street Marketing Group Inc. at 949/477-0640.

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 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.