Global Resources Group Inc. Announces AsianInternational Satellite Services Agreement.

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--June 3, 1998--Global Resources Group Inc. (NASDAQ BB:GRGI), and wholly owned subsidiary, International TeleData Corporation (ITD), in conjunction with International Network Development Group and its Asian partner, Landmark Asia Holdings Company, announced an

The initial phase of the project will supply a new software technology via existing satellites.

"This agreement will be to deliver a technology that features a low cost infrastructure together with bandwidth on demand at very high quality. Our objective is to aggressively expand into the global market with a focus on service and quality. The contract allows us to roll out major cities over its five (5) year term with the initial two cities going up in June, followed by two more cities in the third quarter. Profits from the initial four cities will generate over $50 million dollars," said Robert Alexander, president of ITD.

"We are very proud to be a part of an agreement to bring more effective communications to the world's most populous country. Our services will be to supply bandwidth to large U.S. corporations and international carriers. At the same time we will play a strategic role in supporting the expansion of intra-country communications," Alexander went on to say.

For up to date information, visit our web site: http://www.atwork4u.com/grgi -0-

Statements regarding the company's expectations about new and existing products, future financial performance and other forward-looking statements are subject to various risks and uncertainties, including, without limitation, demand and acceptance of new and existing products, technological advances and product obsolescence, competitive factors and the availability of capital to finance growth.

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