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Global Technovations Retains Fleishman-Hillard as Financial Communications Consultant

26 October 2000

Global Technovations Retains Fleishman-Hillard as Financial Communications Consultant

    PALM BEACH GARDENS, Fla.--Oct. 26, 2000--Global Technovations, Inc. ("GTI" or the "Company") (AMEX:GTN) today announced that it has retained Fleishman-Hillard Inc., an international communications firm headquartered in St. Louis, to assist in developing and executing the Company's financial communications program.
    Will Willis, President and CEO of GTI, stated, "We are pleased to join the family of prestigious companies represented by Fleishman-Hillard. With our recent acquisition of market leader Onkyo America, Inc., we are eager to have Fleishman introduce our new corporate message and profile to the financial community in an effort to maximize potential investor awareness."
    Mr. Willis continued, "Given the business development progress we are making, it's time for a revitalized investor relations effort to get the word out to the investment community."
    GTI's proprietary on-site used oil analyzer MotorCheck(TM) OSA-II analyzes used oil samples from a wide variety of engines and transmissions and provides, in less than five minutes, a report on their internal condition. The Company's OSA-II technology is being used by seven Fortune 500 companies and other major domestic and international companies in 21 diverse market segments. These segments include OEMs, powertrain, auto auctions, dealerships, truck lubes, marine, municipalities, truck stops, military, fleets, Internet auto sales, and racing, among others.
    Global Technovations, Inc., develops, assembles, and markets the patented MotorCheck(TM) and TruckCheck(TM) On-Site Analyzer. The Company also manufactures, assembles and distributes audio speakers for the automotive industry through its Onkyo America subsidiary, which is one of the largest manufacturers and distributors of audio speakers in North America.
    Fleishman-Hillard Inc., based in St. Louis, is the largest public relations firm in the United States and the fifth-largest firm worldwide. The firm was recently named "Agency of the Decade" by Inside PR. Fleishman-Hillard is a member of Communications Consulting Worldwide, the world's largest public relations group, consisting of five leading, branded consultancies that are members of the Omnicom network.