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Global 1 Investments Signs Letter of Intent for Joint Ventures and Asset Financing and Seeks Operating Businesses for Business Combinations Transactions.

ATLANTA -- Global 1 Investment Holdings Corp. (OTCBB: GOIH), www.global1inc.com, changes name to Global 1 Investment Holdings Corporation to reflect our new business model.

Letters of Intent for Financing:

We are entering into several joint ventures with our Reg. E Funds for financing and asset acquisitions. Global 1 High Yield Real Estate Fund, our first Reg. E Fund, will enter into a joint venture for financing for asset acquisition.

Global 1 High Yield Real Estate will use our debt free balance sheet to raise a leverage asset financing transaction for Asset Backed Securities, (ABS). We have secured an initial investment commitment for $500,000.00 that will be used to initial the ABS transaction.

Shareholder Integrity Plan:

* NOBO List Update: We are seeking an updated NOBO list now that our symbol has officially changed. We will compare the new list with the master Transfer Agent Registry for any share imbalance before we award the dividend.

* Dividends via Preferred Stock: We are moving forward in announcing our new record date and payment date for the dividend award to our shareholders. The dividend will be structured for our shareholders to receive the previously announced $0.75 per share in value of cash and stock.

We are creating a new class of non-dilutive dividend paying preferred stock with a par value of $1.50 per share, which we will register for trading in the market that will be used for shareholder enrichment through our business combination and share exchange program.

* Litigation Update: Our legal counsel has completed the report concerning several online brokers and market makers, and will forward the report to the New York Attorney General, NASDAQ and the Securities and Exchange Commission. We intend to pursue all of our legal rights to protect our shareholders' investment in the company against unfair market practices.

Summary:

We have several financing options we are pursuing to add value and assets to our balance sheet. Currently we are a debt free company and will use our various financial instruments to add assets and financial leverage for our growth. We are seeking operating business wishing to go public for our business combination program.

About Global 1 Investment Holdings Corporation:

We have officially converted SSSU to Global 1 Investment Holdings Corporation and received a new trading symbol GOIH. Our new business focus will be a diversified financial services conglomerate. Our business model is based on Berkshire Hathaway (NYSE: BRK.A), Sears Holdings (NASDAQ: SHLD), the investment bank of Goldman Sachs (NYSE: GS) and the entertainment unit of Time Warner (NYSE: TWX).

Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on Global 1 behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
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Publication:Business Wire
Date:Nov 20, 2006
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