Global Payment Technologies, Inc. Showcases Its Suite of New Products at the EELEX Show in Moscow, Russia.

HAUPPAUGE, N.Y. -- Global Payment Technologies, Inc. (NASDAQ Symbol: GPTX) (GPT), a leading manufacturer and innovator of currency acceptance systems used in the worldwide gaming and vending industries, today announced that it will be displaying its suite of products at this year's EELEX show which will be held in Moscow, Russia on December 14-16, 2004.

President & CEO Thomas Oliveri stated, "We are thrilled to once again display our suite of new products at this world class venue. Advantage, Aurora and our newest products, SA-4 and FL-4 were met with great enthusiasm in both the Darling Harbor show in Sydney, Australia and the G2E show in Las Vegas, Nevada. EELEX promises to be no different. We anticipate that the success we are achieving with Aurora in the non-regulated gaming market should pave the way for Advantage, SA-4 and FL-4.

"ADVANTAGE is accompanied by our new driven stacker producing a currency stack so perfect, it appears to be a single block of paper, and both ADVANTAGE and SA-4 contain the latest technology DSP chip with cycle speed times that defy the most challenging applications. FL-4 is the latest solution for front-load stacker applications requiring the utmost in quality and technology, and at a terrific value. All of our new products contain GPT's patented and dynamic RGBI optical suite providing our customers with outstanding quality and flexibility."

Mr. Oliveri continued, "We expect positive results from these new products and we are confident that Advantage, SA-4 and FL-4 will provide a quality solution for those seeking outstanding technology and value in a currency validator. I invite anyone who values quality in technology, ease of use and trouble free application to come visit us at booth number 21B at the Moscow International Expocenter.

About GPT

Global Payment Technologies, Inc. is a United States-based designer, manufacturer, and marketer of automated currency acceptance and validation systems used to receive and authenticate currencies in a variety of payment applications worldwide. GPT's proprietary and patented technologies are among the most advanced in the industry. Please visit the GPT web site for more information at http://www.gpt.com.

Special Note Regarding Forward-Looking Statements: A number of statements contained in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. These risks and uncertainties include, but are not limited to: the risks that its current and future products may contain errors or defects that would be difficult and costly to detect and correct; GPT's dependence on the paper currency validator market and its potential vulnerability to technological obsolescence; possible risks of product inventory obsolescence; potential difficulties in manufacturing operations; potential shortages of key parts and/or raw materials; potential difficulties in managing growth; dependence on a limited base of customers for a significant portion of sales; dependence on key personnel; the possible impact of competitive products and pricing; and other risks described in more detail in GPT's Securities and Exchange Commission filings.