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tglo

11/22/2005

theglobe.com Hires Investment Bankers to Explore Sale or Partnership of Its Voiceglo Subsidiary

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Nov. 22, 2005--theglobe.com (OTCBB:TGLO - News) announced that it has engaged Kaufman Brothers, LP to evaluate partnership or sale opportunities for its VoIP subsidiary, Voiceglo Holdings (doing business as tglo).

According to Ed Cespedes, President of theglobe.com, "Obviously, the industry is in a very exciting stage and we believe the time is right to find a significant partner or buyer for our business." Mr. Cespedes continued, "Rather than continue to field `informal' inquiries, we believe our shareholders would be best served with an organized process."

Safe Harbor

This press release includes forward-looking statements related to theglobe.com, inc. and its subsidiaries, that involve risks and uncertainties, including, but not limited to, risks and uncertainties relating to integration of newly acquired businesses and assets, product delivery, product launch dates, risks relating to the Internet, development and protection of technology, the availability of financing or other capital to fund its plans and operations, the management of growth, market acceptance of our products, our ability to compete successfully against established competitors with greater resources, the uncertainty of future governmental regulation (particularly as it pertains to the Internet), pending litigation, sale of businesses, and other risks. These forward-looking statements are made in reliance on the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these and other factors that could affect theglobe.com's and its subsidiaries future results and business plans, please see the Company's filings with the Securities and Exchange Commission, including in particular our Annual Report on Form 10-KSB for the year ended December 31, 2004 and our quarterly report on Form 10-Q for the fiscal quarter ended September 30, 2005. Copies of these filings are available online at http://www.sec.gov. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially and adversely from management expectations.

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