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GLOBAL ELECTRONIC TECHNOLOGY, INC. (GET) ANNOUNCES NEW STREAMLINED 2 PAGE MERCHANT APPLICATION

GLOBAL ELECTRONIC TECHNOLOGY, INC. (GET) ANNOUNCES NEW STREAMLINED 2 PAGE MERCHANT APPLICATION



CYPRESS, CA - July 25, 2008 - Global Electronic Technology, Inc. (GET), a leading technology provider of payment processing solutions, today announced the release of a two page application for new merchants.

“Global Electronic Technology, Inc. has reached a milestone where our reputation for superior service brings in brisk business. This exciting development is expected to decrease the amount of paperwork and approval time for new merchants,” Said GET's Chief Executive Officer and Founder, Steven H. Bryson.

“The two- page (short form) merchant application is one of several recent innovations intended to make GET's sales representatives more productive. It addresses two needs. First, it makes the application friendlier to the prospective merchant and eliminates one objection to the sale. Second, it shortens the time required to complete the application allowing the sales representative to attend to the next prospect. We are pleased with the initial results and are confident that both our internal and external sales teams will be enthusiastic as well.” states GET'S Chief Financial Officer, Brian Iinuma.

The move to streamline the application process is triggered by the phenomenal growth of the company. Global Electronic Technology, Inc. is positioned as a market leader in the end-to-end payment services with an in-house gateway solution, competitive rates, and advanced technology. The new application will enhance and improve the application flow process as well as increase accuracy. Ultimately, Global Electronic Technology, Inc. will continue to strive for the best in customer service and personal attention in the industry while maintaining its highest standards to be a true innovator in the approval process thus making GET the premiere business partner in the payment services arena.

About Global Electronic Technology, Inc. (GET)

Global Electronic Technology, Inc.(GET) is a leading technology provider of end-to-end payment processing solutions, including virtual terminal, payment gateway, GETShop, on-line ACH, loyalty and gift card programs. Founded in 2000 by Steven H. Bryson and currently privately-owned, GET had grown to epitomize the word “global”, by offering state-of-the-art payment processing product and services to diversified industries, extending from retail to internet-based transactions in the worldwide payment industry. For more information about our products and services, please visit us at www.gettrx.com or contact us at 1-888-775-1500.

Contact: Phuong Huynh Vice President of Administration Ph: 949.380.0345 Fax: 714.908.8807

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