Global Payment Technologies Showcases New Technology at International Casino Exhibition.

LAS VEGAS -- Global Payment Technologies, Inc. (NASDAQ SYMBOL:GPTX) 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, showcased their new Falcon and the popular SA-4 at the International Casino Exhibition (ICE) January 23-25 at Earls Court in London, England.

The Falcon currency validator uses Digital Signal Processor (DSP) technology to achieve fast, reliable bank note recognition. With GPT's proven, patented RGBI optical technology, Falcon can validate currency from any country. The Falcon is fast, secure, reliable, and can be used in most vending and payment terminal applications.

The S4 offers customers an inexpensive, effective and reliable note acceptor. With its' capability to read Ticket-in-Ticket-out[TM], the SA-4 Is keeping pace with new advances in bill validator capabilities for the gaming industry. At the ICE show GPT unveiled the new Falcon bill validator. This is to be followed this summer by GPT's new optical sensor range of validators, which will increase the speed and acceptance of GPT's bill acceptors, both key factors to maximizing revenue in the gaming and vending sectors.

The optical sensors ensure that the quality of the image for validation is extremely high, enabling the computer software to read a 'bright digitized' image, increasing the accuracy of this image, and therefore increasing the ability to determine the authenticity of the bill.

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.gptworld.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: Statements regarding the Company's strategy, future sales, future expenses and future liquidity and capital resources; dependence on a limited base of customers for a significant portion of sales; GPT's dependence on the paper currency validator market and its potential vulnerability to technological obsolescence; the risks that its current and future products may contain errors or defects that would be difficult and costly to detect and correct; possible risks of product inventory obsolescence; regulatory approval; potential manufacturing difficulties; potential shortages of key parts and/or raw materials; potential difficulties in managing growth; 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.