ATLANTA, Global Payments Inc.
(Logo: http://www.

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, Paragon Global
Resources, Inc., a worldwide leader in global mobility, human resources and
relocation services, today announced the hiring of Wolfgang Hombrecher as the
company's new vice president and chief financial officer (CFO ). where
he was responsible for converting the organization from an agricultural
cooperative to a for-profit publicly traded corporation.
Hombrecher is a Certified Public Accountant and has bachelor's degrees in
business economics and political science from the University of California at
Santa Barbara and is fluent in Spanish and German.

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In August, 2005, Globeleq agreed to purchase El Paso's power
generation assets in Southeast and South Asia.

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newscom. His
responsibilities will include overseeing Paragon's corporate accounting and
finance departments.

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Global Payments Announces Second Quarter Dividend

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Wolfgang Hombrecher Joins Paragon Executive Management Team

RANCHO SANTA MARGARITA, Calif. Prior to this, Hombrecher
served as a vice president of finance and CFO for Calavo Growers, Inc."
The transaction includes interests in 6 power generation projects in El
Salvador, Nicaragua, Panama and the Dominican Republic. Globeleq is actively pursuing further acquisitions and new
project development.

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(NYSE: GPN), a world leader in electronic transaction processing solutions,
announced today that its board of directors approved a second quarter dividend
of $0. "As our CFO, Wolfgang will further complement and support our executive
management team , as well as play an essential role in the organization and
worldwide growth of Paragon. HOUSTON , Globeleq, the emerging markets power
company, announced today that it had reached an agreement to purchase a
majority of El Paso Corporation's power generation assets in Central America.

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(NYSE: GPN) is a leading provider of electronic
transaction processing services to consumers, merchants , Independent Sales
Organizations (ISOs), financial institutions, government agencies and multi-
national corporations located throughout the United States, Canada, Latin
America and Europe.

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About Paragon Global Resources, Inc.
With assets valued at over $1.

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Further
information about Paragon can be found by visiting the company's Web site at
http://www.com.
"This acquisition strengthens our position in Central America, adding key
markets to our existing portfolio," said Globeleq CEO Robert Hart. By
adding to our existing regional positions in the Dominican Republic , Nicaragua
and Guatemala, and expanding our presence into Panama and El Salvador, we will
be in a strong position to meet growing demand throughout the region.

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Paragon Global Resources Inc. Hires New Vice President CFO

"Wolfgang comes to Paragon with a unique background in international
finance and accounting and a keen understanding of our global business
operations," said Joe Morabito , president and CEO of Paragon Global Resources,
Inc.

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Globeleq to Purchase Latin American Power Assets

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"
Hombrecher most recently served as an international business consultant
with Del Monte Fresh Produce and was responsible for designing and
implementing financial systems, preparing comprehensive business plans and
leading financial and administrative efforts.

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com .
Paragon Global Resources is the parent company of various wholly owned
subsidiaries including: Paragon Relocation Resources, Paragon Financial
Resources, Paragon Real Estate Resources and Paragon Career Resources .
The transaction is expected to close in 2006.

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He also served as
senior manager of assurance and advisory services for Deloitte + Touche LLP
where he directed and performed audits for public and private organizations
with market capitalization of up to $20 billion."
Globeleq currently owns over 700 megawatts (MW) of generating capacity in
the Americas.5 billion, Globeleq is the only operating
power company solely focused on the emerging markets of Africa, the Americas
and Asia .

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Global Payments offers a comprehensive line of processing
solutions, including credit and debit cards, business-to-business purchasing
cards, stored value and gift cards, as well as electronic check conversion and
check guarantee, verification and recovery, terminal management and money
transfer services.

Contact: Jane Forbes
770-829-8234 Voice
770 -829-8267 Fax
investor.
Steve Pearlman, Globeleq Senior Vice President for the Americas,
commented, "We are very pleased to have reached this important agreement.

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Hombrecher joins Paragon with extensive financial and
accounting experience and will be based out of Paragon's headquarters in
Rancho Santa Margarita, Calif.

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Since 2002 the company has acquired more than 2,200 MW of
generation capacity, reaching a total of more than 3,000 MW in 20 projects in
15 countries.

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For additional information about the company and its
services, visit http://www.globalpaymentsinc.

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04 per common share payable February 28, 2005 to shareholders of record
as of February 14, 2005. "With a
solid platform of operating assets, we will be poised to support the further
growth of the electric sector in this important, growing and increasingly
integrated region.

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Paragon Global Resources strives to be the premier partner of choice in the
global mobility, human resource and real estate service industries by
providing innovative programs, value-added support, superior customer service
and thought leadership to our clients and the customers we serve.

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com/cgi-bin/prnh/20010221/ATW031LOGO )

Global Payments Inc.relations@globalpay.

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