FOR IMMEDIATE RELEASE

CONTACT: Jonathan Corona

Public Relations Department
Global Electronic Technology, Inc.
Phone: 888.775.1500
GETPR@gettrx.com
http://www.gettrx.com

GLOBAL ELECTRONIC TECHNOLOGY, INC. (GET) STREAMLINES DEPLOYMENT AND LOWERS SUPPORT COSTS WITH VERIFONE’S VERICENTRE DOWNLOAD MANAGEMENT SYSTEM

Laguna Hills, CA – July 3rd, 2003 – Global Electronic Technology, Inc. (GET) a provider of electronic payment processing solutions, today announced that it has successfully implemented VeriFone’s VeriCentre Download Management System to support its customer base of retail merchants. GET can now achieve increased productivity at the lowest cost per download through VeriFone’s highly efficient terminal management solution. Bringing deployments and downloads in-house has resulted in lower cost and faster turnaround by eliminating the need for third-party deployment providers. “VeriCentre LE has dramatically improved our help desk operations and streamlined our entire support infrastructure,” said Kevin Hoehn, Senior Vice President of Operations. “Now GET can easily and simultaneously perform updates, segment downloads and monitor downloads in process to provide our merchants with the best possible customer support.”

VeriCentre LE is a Windows-based application that employs industry standards to lower the cost of integration, migration and operation. A standard communication setup simplifies installation and remote terminal management; data reporting is fast and easy, with predefined templates for the most frequently used reports. Also, VeriCentre LE provides a comprehensive security audit log that is available only to authorized users. About VeriFone, Inc. VeriFone, Inc. (http://www.verifone.com), recognized worldwide as the trusted leader in secure electronic payment technologies, provides expertise, solutions and services for today with a smart migration strategy for tomorrow. VeriFone is leading the industry in the delivery of solutions that add value to the point of sale, resulting in improved merchant retention and the generation of new sources of revenue for its partners and customers. VeriFone solutions are specifically designed to meet the needs of vertical markets including financial, retail, petroleum, government and healthcare. VeriFone has shipped over ten million electronic-payment systems, more than twice the number of its nearest competitor, and leads North America in annual shipments.

About Global Electronic Technology, Inc. (GET)

Global Electronic Technology, Inc. (GET) is a US-based provider of payment processing solutions. Founded in 2000 as a privately-owned corporation, GET has grown to be a global company by offering state-of-the-art products and services to many types of businesses including retail, Internet and high-risk. GET is dedicated to providing clients with timely industry expertise, excellent customer service, and innovative technologies. Through constant research and development, GET’s team is pioneering more efficient, effective, and secure electronic payment systems. These improvements enable businesses to expedite product delivery time and enhance customer service and loyalty while maximizing profitability.

For more information, call Global Electronic Technology, Inc.(GET) at 1(888)775-1500 or e-mail us at information@gettrx.com.

FOR IMMEDIATE RELEASE

CONTACT: Jonathan Corona

Public Relations Department
Global Electronic Technology, Inc.
Phone: 888.775.1500
GETPR@gettrx.com
http://www.gettrx.com

GLOBAL ELECTRONIC TECHNOLOGY, INC. (GET) STREAMLINES DEPLOYMENT AND LOWERS SUPPORT COSTS WITH VERIFONE’S VERICENTRE DOWNLOAD MANAGEMENT SYSTEM

Laguna Hills, CA – July 3rd, 2003 – Global Electronic Technology, Inc. (GET) a provider of electronic payment processing solutions, today announced that it has successfully implemented VeriFone’s VeriCentre Download Management System to support its customer base of retail merchants. GET can now achieve increased productivity at the lowest cost per download through VeriFone’s highly efficient terminal management solution. Bringing deployments and downloads in-house has resulted in lower cost and faster turnaround by eliminating the need for third-party deployment providers. “VeriCentre LE has dramatically improved our help desk operations and streamlined our entire support infrastructure,” said Kevin Hoehn, Senior Vice President of Operations. “Now GET can easily and simultaneously perform updates, segment downloads and monitor downloads in process to provide our merchants with the best possible customer support.”

VeriCentre LE is a Windows-based application that employs industry standards to lower the cost of integration, migration and operation. A standard communication setup simplifies installation and remote terminal management; data reporting is fast and easy, with predefined templates for the most frequently used reports. Also, VeriCentre LE provides a comprehensive security audit log that is available only to authorized users. About VeriFone, Inc. VeriFone, Inc. (http://www.verifone.com), recognized worldwide as the trusted leader in secure electronic payment technologies, provides expertise, solutions and services for today with a smart migration strategy for tomorrow. VeriFone is leading the industry in the delivery of solutions that add value to the point of sale, resulting in improved merchant retention and the generation of new sources of revenue for its partners and customers. VeriFone solutions are specifically designed to meet the needs of vertical markets including financial, retail, petroleum, government and healthcare. VeriFone has shipped over ten million electronic-payment systems, more than twice the number of its nearest competitor, and leads North America in annual shipments.

About Global Electronic Technology, Inc. (GET)

Global Electronic Technology, Inc. (GET) is a US-based provider of payment processing solutions. Founded in 2000 as a privately-owned corporation, GET has grown to be a global company by offering state-of-the-art products and services to many types of businesses including retail, Internet and high-risk. GET is dedicated to providing clients with timely industry expertise, excellent customer service, and innovative technologies. Through constant research and development, GET’s team is pioneering more efficient, effective, and secure electronic payment systems. These improvements enable businesses to expedite product delivery time and enhance customer service and loyalty while maximizing profitability.

For more information, call Global Electronic Technology, Inc.(GET) at 1(888)775-1500 or e-mail us at information@gettrx.com.