News Release: Global Village Consulting Inc. Announces the Release of GVC HoursTracker v. 3 Application.

VANCOUVER, CANADA, October 21, 2002:

Global Village Consulting Inc., a Vancouver based web application developer, today announced the deployment of version 3 of its HoursTracker application. The HoursTracker application is aimed at effective, easy recording and tracking of project time in order to
monitor and administer employees time as well as determine time matrixes for individual projects. ~The new version of GVC HoursTracker application was to address some bugs in previous versions as well as include some user enhancements to the program.

The newest version converted the development code of its previous version to Web Objects 5.1.2, thus enabling the product to be deployed on any platform, etc. Enhancements included the development of a new user group (Board of Directors) and reports
specifically designed for use by this group to provide them with specific information used in various decision making processes. The new version also included some optimization of complex reports and pages to decrease rendering speed and enhance the users'
experience. Thus, the new product is faster, easier, and has some new functionality. The user response to version 3 has been extremely positive.

Global Village Consulting has made GVC HoursTracker v.3 available to other businesses as a product to help them track similar information in their organization. ~Because of its nature as a custom designed program and its flexibility, GVC HoursTracker can be easily adapted to fit any company's specific needs.

Global Village Consulting Inc. is an Internet and web based application development and consulting company focused on delivering effective business solutions through the strategic use of up to date Internet technologies. Global Village combines technical
expertise, professional service and proven methodologies to help customers succeed in a rapidly changing business environment.

For more information on Global Village Consulting and its available services and products, visit their website at http://www.global-village.net or contact: