EPIXTAR, Formerly Global Asset Holdings, Inc., Annouces Name Change

Tuesday, January 7, 2003 - 8:29 am ET

Predicts Substantially Higher Fourth Quarter Revenues

MIAMI - (BUSINESS WIRE) - Jan. 7, 2003 - EPIXTAR Corp. (OTCBB:EPXR), formerly Global Asset Holdings, Inc. (OTCBB:GAHI), announced today that it previously had changed its name to EPIXTAR Corp. and has been advised that starting January 7th, 2003 its common stock will begin trading on the OTC Bulletin Board under the symbol EPXR.

The company also announced that it has introduced two new products for sale, which are being telemarketed to small businesses. One is a legal service and the other is a bundled long distance telephone product. Preliminary results indicate both products have been favorably received.

Based on a preliminary review the Company believes that its fourth quarter revenues will substantially exceed third quarter revenues of 7.75 million.

The Company also announces that Martin Miller has been elected chairman and chief executive officer, Mr. Irving Greenman has been named chief financial officer and Deborah Gambone, corporate counsel to the Company, has been elected as Vice President and Secretary of the Company.

Safe Harbor Statement
This release contains statements about expected future events and financial results that are forward looking. These statements are based on our estimates and assumptions and are subject to risks and uncertainties. Actual results could be affected by a downturn in the economy, new competitive products, slower rate of growth in member base, higher than anticipated cancellations, unforeseen expenses, or technical failure related to self generating web site development or inability to scale server capacity to meet demand. Forward looking statements include the information concerning our possible or assumed future results of operations. Forward looking statements also include those preceded or followed by the words: "anticipates," "believes," "estimates," "hopes" or similar expressions. For those statements, we claim the protection of the safe harbor for forward looking statements contained in the Private Securities Litigation Reform Act of 1995.

Contact
EPIXTAR CORP., Miami
Martin Miller or Irving Greenman,
305/503-8600

Source
EPIXTAR CORP.