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GlobalEnglish Speaks with International Business, Finance Leaders at Economic Strategy Institute's Global Forum 2000

Daly City, May 9, 2000 — GlobalEnglish Only Silicon Valley Start-Up Invited to Speak at Summit Focusing on How Technology and Globalization are Changing Economics, Politics and Society

As a premier example of globalization and entrepreneurship, executives from GlobalEnglishTM Corp., the leading solution for learning English online, will speak at the upcoming Economic Strategy Institute's (ESI) Global Forum 2000 (www.econstrat.org) in Washington, D.C.

Speaking to more than 800 international leaders, the GlobalEnglish team will discuss how the Silicon Valley company was founded and how it intends to lower the barrier of entry for the billions of people around the world who need to learn English in order to succeed in the global economy.

The GlobalEnglish panel is scheduled to speak at the ESI Global Forum on Monday, May 15, at 4:45 p.m. at the Ronald Reagan International Trade Center. ESI's Global Forum 2000, held Monday, May 15, through Wednesday, May 17, is designed for world business, government, labor, academic and media leaders to gather in the United States with members of Congress and the executive branch to develop new public and private strategies that will maximize the benefits and minimize the costs of globalization. In addition to GlobalEnglish, Forum participants and attendees include the President of the Republic of Korea, Kim Dae Jung (via live video); Senator John McCain; USTR Charlene Barshefsky; the Honorable Richard Gephardt; Honeywell (NYSE:HON) chairman and CEO Michael Bonsignore; Xerox Corp. (NYSE:XRX) president and CEO G. Richard Thoman; LYCOS, Inc. (Nasdaq:LCOS) president and CEO Robert Davis, and U.S. Secretary of Energy Bill Richardson.

"GlobalEnglish is a perfect example of how entrepreneurs are shaping the new economy," said Clyde V. Prestowitz, president of the Economic Strategy Institute. "At the Forum, GlobalEnglish will provide valuable insight into how entrepreneurial companies will be a key component in the future of economic globalization."

GlobalEnglish.com, a worldwide portal for teaching English on the Internet, offers 10 courses developed by its internationally recognized ESL staff and expert advisors. The GlobalEnglish multimedia instruction offers reading, writing, speaking and listening activities that are highly engaging and effective.

"To be invited to the ESI Forum -- among such respected world leaders -- is a fabulous opportunity for GlobalEnglish," said Fred Grainger, president and CEO of GlobalEnglish. "As knowledge of English becomes a major requirement for professional and economic success, we intend to be at the forefront of the industry -- combining the power of English with the global reach of the Internet."

About The Economic Strategy Institute

The Economic Strategy Institute (ESI) is a private, non-profit, non-partisan public policy research organization dedicated to assuring that globalization works with market forces to achieve maximum benefits rather than distorting markets and imposing costs. This should be achieved on the basis of principles, policies and institutions consistent with democratic values. Because security and national welfare will increasingly depend on performance in the global marketplace, the Economic Strategy Institute is particularly concerned with developing national and corporate strategies to assure that globalization takes place on a level playing field and the reality is mutually beneficial.

About GlobalEnglish Corporation

GlobalEnglish is the leading provider of online assessment, learning and support for Business English communication for the world's top companies. The company offers a suite of scalable, on-demand products that help employees improve their ability to communicate effectively in English and enables companies to succeed in the global marketplace.

GlobalEnglish is proudly made up of a team of global consultants who partner with clients to assess their Business English needs, ensure successful implementation and provide ongoing local support to over 30 countries worldwide.

GlobalEnglish is the preferred choice of the world's largest companies, including BNP Paribas, Capgemini, Cisco, Deloitte, Deutsche Telekom, GSK, Hewlett-Packard, Hilton, John Deere, Procter & Gamble, Unisys and Wyeth.

For more information, please visit www.GlobalEnglish.com.

English is critical for our success. We needed a solution that we could deploy around the world, would help any level and that would include tools that could provide instant help on the job. The only service that could handle this huge challenge was GlobalEnglish…It always comes down to money and our return on investment has been excellent when measured in productivity gains.

— Tony Gleeson, former Global Director of Learning Programs and Solutions, Deloitte LLP, U.S.

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