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Global Entertainment Holdings Announces Appointment of CFO.


Business & Entertainment Editors/High-Tech Writers

MIAMI--(BUSINESS WIRE)--June 5, 2002

Global Entertainment Holdings/Equities, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:GAMM GAMM Generalized Air Mobility Model
GAMM Gimbal Angle Matching Monitor
GAMM German Association for Mathematics and Mechanics
) (http://www.globalentertainmentinc.com), a holding company whose subsidiaries provide software to the online gaming sector, today announced the appointment of Mr. Jonathan Shatz as the company's Chief Financial Officer (CFO See Chief Financial Officer. ).

Mr. Shatz has over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights.
     2.
 of international financial, banking, brokerage and investor relations Investor relations

The process by which the corporation communicates with its investors.
 experience. He holds a law degree from the University of Southampton In the most recent RAE assessment (2001), it has the only engineering faculty in the country to receive the highest rating (5*) across all disciplines.[3] According to The Times Higher Education Supplement  in England, and is a chartered accountant.

In his new role as CFO of Global Entertainment, Mr. Shatz will initially focus on financial reporting, SEC filings, and developing and implementing Global's financial communications plan for investors, brokers, and analysts. He will serve as the primary liaison for investors and shareholders.

"Jonathan comes to our company at a great time," stated Bryan Abboud, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Global has been profitable for two years, and we are looking forward to leveraging his experience as vice president of a national investor relations firm to relay this message to the investment community."

Mr. Shatz's experience also extends to the audit and tax departments of Price Waterhouse, and for Ernst & Young as a senior manager in their emerging markets consulting division in London. In the later assignment, he led complex due diligence consulting projects for banks and financial institutions in Russia, the Middle East, Eastern Europe and Asia.

Notes to Editors:

Global Entertainment Holdings/Equities, Inc. (OTCBB:GAMM) is a leading publicly traded holding company that provides business development support and administrative assistance for technology-driven subsidiaries that license, develop and host Internet software applications and operate web publishing sites in the online gaming sector.

Safe Harbor Statement

Some statements in this release are forward-looking and are subject to certain risks and uncertainties, including, but not limited to, economic conditions, competition, changes in laws, and the demand for the company's goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , which could significantly affect anticipated future results. Actual results may differ materially from any forward-looking statements.

http://www.globalentertainmentinc.com http://www.interactive-gaming.com http://www.thesportsdaily.com http://www.netbet.org http://www.wheretobet.com
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 5, 2002
Words:345
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