Global IT Holdings Inc.'s (PINKSHEETS: GITH) Chief Executive Officer issues the following statement to shareholders:

"In an effort to keep shareholders informed of the progress of the company, I invite all shareholders to contact me with any questions they might have. This will only be temporary as we will in short time have an Investors Relation unit all setup to raise investor awareness and answer any questions. We are still in progress on the cleanup of the company but will be able to update shareholders again shortly. I look forward to hearing from everyone."

Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

Contact: Eric Stratton Racheff Global IT Holdings Inc. Email Contact 408-355-8073

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