Global TeleMedia International, Inc. Subsidiary Completes Acquisition of Australian ISP OCTA4 Code Media Pty. Ltd.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Nov. 22, 1999--

BentleyTel's formal share exchange in Parliament House Australia

Global TeleMedia International, Inc. (OTC: BB: GTMI) announced today that its subsidiary, Bentley Tel.com Inc., has completed a merger agreement with Octa4 Code Media Pty. Ltd, a leading Internet service provider in the Northern Territory of Australia.

Octa4 has the only national VoIP, VisP and wholesale dial access system in Australia, with proprietary products such as e-Trolley, e-Pos, e-Radius, e-Postcard and Virtual Client Management System (VCMS) billing, authentication, bank transfer, automatic e-mail notification and customer tracking services and Bulletin Board.

BentleyTel.com, which has private funding, will pay AUD$54 million in cash and BentleyTel.com stock to acquire Octa4 and its subsidiaries 3G and DynaSem. The BentleyTel.com group will create an extensive Australian/BIMP-EAGA (Brunei/Indonesia/Malaysia/Philippines - East Asia Growth Area) Multi-Media Super Corridor. It brings together Global TeleMedia in the U.S., Octa4 in Australia, 3G Communications Inc. in the Philippines and DynaSem Communications SDN BHD in Malaysia, giving the Global Telemedia International access to 80 million potential ISP customers plus a significant share of the national and international long distance calling market. Australians still pay up to 80 cents per minute coast-to-coast and up to 60 cents per minute off peak. Utilizing BentleyTel.com's patented UltraPulse technology and the VoIP platform BentleyTel.com will incur costs less than one cent coast-to-coast and just a few cents globally.

Octa4 Managing Director, former Australian University Lecturer in Physics, Felino Molina and a group representing the majority shareholders of Octa4 together with two members of the Australian Government Department of Asian Trade and Relations and BentleyTel directors visited the former Honeywell test facility in Washington DC on the 25th of October 1999 and viewed a full live demonstration of the UltraPulse technology. On the 27th of October the acquisition of the Octa4 Pty. Ltd, (Australia) 3G Communications Inc. (Philippines) and DynaSem Communications Sdn. Bhd. (Malaysia) was executed in the Newport Beach offices of GTMI.

According to Jonathon Bentley-Stevens, President and CEO of Global Telemedia, "UltraPulse inventor Dr. Terrence Barrett, as well as being a guest at the ceremony in Australia, will assist in the deployment plans. BentleyTel expects to provide voice, data and video services, both conventionally and through the Internet, to Australia and the BIMP-EAGA nations by year end. Octa4 will now have access to both patented Ultra Pulse Broad Band Spread Spectrum technology and CyberAir Photonic wireless technologies, allowing Australians and BIMP-EAGA nations access to cheap interstate and overseas phone calls and sophisticated e-commerce facilities at speeds of up to 200Mbs on Wireless Local Loop and wireless LAN."

BentleyTel expects to deploy the UltraPulse wireless technology in first quarter 2000, initially in the Philippines where the company already has 26 portable calling stations which could immediately become the worlds first UltraPulse wireless LAN system, and later in the new BentleyTel national network in Australia.

The Honorable Daryl Manzie, MLA, Minister for Relations and Trade for Australia's Northern Territory Government, said, "Information technology and communications are the most dynamic and fastest growing sectors of the world economy, and it's encouraging to know that local companies like Octa4 are maximizing their opportunities to service this ever growing market." He added, "The transfer of wireless technology from the U.S. means that Darwin is at the cutting edge of this technology and will set the pace for wireless communications in Australia."

Octa4's Managing Director, Folino Molina, said that "In September 1999, Octa4 was named as a member of the Cable and Wireless-Optus consortium which was successful in its AUD$110 million bid for Northern Territory Government Internet outsourcing. Octa4 will be responsible for IP services for the whole of the Northern Territory Government." Mr. Molina added, "Octa4 is now realizing the fruits of its strategic growth plans."

3G Communications Inc. is a Philippines-based long distance telecommunications company which owns and has deployed the first 26 out of a projected 100 mobile satellite long distance calling stations and is capable of handling ATM transactions from rural banks. DynaSem communications SDN BHD, trains personnel in VoIP, ISP, secure data transfer and e-commerce. Over the last 3 years each of the "new BentleyTel's" has average revenue growth of at least 100% per annum. Following the share exchange ceremony Octa4, 3G and DynaSem will all change their names to BentleyTel.com in their respective countries.

Global TeleMedia International, Inc., through its subsidiary, Bentley Tel.com Inc., is leading the development of high speed wireless communication systems, including Voice over IP international & long distance, LAN VPN (Virtual Private Network), ISP, Virtual ISP, and PC-PC, PC-Phone transmission of data and voice, with operations in the U.S., Australia and BIMP-EAGA nations. Its wholly owned subsidiary Bentley House Furniture Company, Inc. is to build one million government employee houses and to be the exclusive provider of long distance telephone, cable TV and Internet services to these houses, as well as a major integrated provider of lumber, housing and furniture in the Philippines and surrounding areas. The Company has a contract, which is guaranteed by the National Housing Authority of the Philippine Government.

This press release contains forward-looking statements. All such statements involve risks and uncertainties, including, without limitation, the risks detailed in Global TeleMedia's filings and reports with the Securities and Exchange Commission. Such statements are only predictions and actual events or results may differ materially.

This release and prior releases are available on the KCSA Public Relations Worldwide website at www.kcsa.com.