GEE Global Entertainment Corp.

Global Entertainment Corporation (AMEX: GEE) � a company engaged in sports management, arena and related real estate development, facility and venue management and marketing, venue ticketing and brand licensing � today announced it has named Richard Floco President of Encore Facility Management (Encore), the division of Global that is engaged to administer multi-year facility agreements for multi-purpose events centers throughout the nation. Mr. Floco will also provide oversight responsibility to Global Entertainment Marketing Systems (GEMS), which handles sales and marketing services for Global managed events centers. He was serving as President of Global Entertainment Ticketing (GetTix.Net) at the time of his appointment and will continue in that role. Mr. Floco�s appointment combines under one executive position all areas of facility management, licensing and advertising, sales and marketing and exclusive ticketing services for events centers under management. Global Entertainment utilizes its multiple subsidiary companies to provide a turnkey solution for the development of multi-purpose events centers for mid-size communities throughout the U.S. Global Properties I will work with communities to locate areas of development and International Coliseums Company (ICC) heads up design and manages the construction phase. The Western Professional Hockey League d/b/a the Central Hockey League (CHL) awards a hockey franchise to serve as a center�s primary tenant, rounding out the turnkey aspects of newly developed events centers. Richard Kozuback, president and chief executive officer commented, �The promotion of Richard to President of Encore confirms the confidence we have in his management skills and knowledge of our diversified businesses, a background that enhances his opportunity to expand the success he has demonstrated in starting our highly successful in-house ticketing company, GetTix.Net. Richard�s expertise in the ticketing industry is backed with experience as an executive in the minor league sports industry. His understanding of the value of our diversified revenue streams is a central element of his new position.� Richard Floco stated, �This is a terrific opportunity for me and I am energized by the scope of the growth potential in our multiple subsidiary companies. As my first official act I have added a key executive to our management team. Mr. Barry Kohlus, former Chief Operating Officer of Direct Events in Austin, Texas will be our Encore Vice President of Operations. Barry has 15 years of tremendous experience and success within the entertainment industry. Continuing as a vital member of our management team is Bob Fuller, Vice President of GetTix.Net, who was instrumental in the successful start-up of our in-house ticketing company.� Visit our web sites: www.globalentertainment2000.com www.centralhockeyleague.com www.coliseums.com www.cragar.com www.gettix.net Global Entertainment Corporation is an integrated events and entertainment company focused on mid-size communities that is engaged, through its seven wholly owned subsidiaries, in sports management, multi-purpose events and entertainment centers and related real estate development, facility and venue management and marketing, venue ticketing and brand licensing. Global Properties I in correlation with arena development projects works to maximize value and development potential of new properties. International Coliseums Company serves as project manager for arena development while Encore Facility Management coordinates all arena facility scheduling operations. Global Entertainment Marketing Systems (GEMS) pursues licensing and marketing opportunities related to the Company�s sports management and arena developments and operations. Global Entertainment Ticketing (GetTix.Net) is an in-house ticketing company for sports and entertainment venues. The Western Professional Hockey League, Inc., through a joint operating agreement with the Central Hockey League, is the operator and franchisor of professional minor league hockey teams in nine states. Cragar Industries, Inc. is the licensor for its nationally recognized, branded products CRAGAR�, TRUSPOKE�, CRAGAR S/S� and STREET PRO�. Certain statements in this release may be "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of capital expenditures; projections of growth; hiring plans; plans for future operations; financing needs or plans; plans relating to the company's products and services; and assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. Some of the important factors that could cause the company's actual results to differ materially from those projected in forward-looking statements made by the company include, but are not limited to, the following: intense competition within the sports and entertainment industries, past and future acquisitions, expanding operations into new markets, risk of business interruption, management of rapid growth, need for additional financing, changing consumer demands, dependence on key personnel, sales and income tax uncertainty and increasing marketing, management, occupancy and other administrative costs. These factors are discussed in greater detail in the company's Annual Report on Form 10-KSB for the year ended May 31, 2007, as filed with the Securities and Exchange Commission.