GlobalNet Awarded "Best of Show" at INTERNET TELEPHONY Conference & EXPO East 2006

iDial-IP Singled Out for Innovation and Quality at Leading VoIP Event
 HOUSTON, TX - February 16, 2006 - GlobalNet Corporation (Pink Sheets: GLBT) announced today that its iDial-IP Turn-Key VoIP Solution has been named winner for a second year of a "Best of Show" award at Technology Marketing Corporation (TMC)'s INTERNET TELEPHONY Conference and EXPO East 2006. TMC reports that the conference, attended by over 8,000 people last month at the Ft. Lauderdale/Broward Convention Center in Ft. Lauderdale, FL, was the best-attended VoIP conference ever held.

GlobalNet, Inc., is a Voice over IP (VoIP) service provider of outbound traffic to worldwide destinations and counts among its customers more than 30 Tier 1 & Tier 2 carriers. GlobalNet provides international voice, fax and enhanced services on a wholesale basis to international carriers and other communication service providers in the United States and internationally.