Global Authentication Holdings Announces Launch of Web Based Technology to Thwart Fraud of Online Buyers and Sellers

Source – Market Watch

“SAN CLEMENTE, Calif., Sept 15, 2008 /PRNewswire via COMTEX/ — Ault Glazer & Co., Inc. (Pink Sheets: AULT) announced today that Global Authentication Holdings, Inc., (GAI) a wholly owned subsidiary, launched a web based verification service that will take some of the risk out of purchasing collectibles and memorabilia online. The service is available to anyone who has a high quality, no-flash image shot of their collectible or other piece of memorabilia in a well lit environment, and submits it to Global Authentication (GAI) regardless of whether the item was signed or unsigned.

“GAI Digital Review enables a higher level of confidence in the buyer and is simple for any seller to integrate into the selling platform, resulting in a win-win situation for buyer and seller,” said Mike Baker, Director of Grading and Authentication for Global Authentication.
“The process was designed to only take minutes to accomplish yet leave the buyer will a life long reassurance that their purchase is in fact the real deal,” said William Dully, CEO and President of Global Authentication. Dully added “after the snapshot is submitted to Global Authentication via the web, the item is then shipped to Global (GAI) for a formal certification and grading procedure.”
The launch follows the recent announcement (see September 5, 2008 release) of a service which utilizes advanced image optimization hosting for online auctioneers which adds another layer of security to the buyers and sellers of sports cards and other memorabilia.
About Global Authentication, Inc.
Global Authentication, Inc. (“Global”), based in San Clemente, CA, provides grading and authentication services to the collectables industry and on-line shopping communities like EBay, Overstock.com, and Amazon.com, specifically in sports memorabilia products like baseball cards, and signature items where counterfeiting of such items is a particular problem. Global is only one of four authorized companies selected by EBay as part of their Trust and Safety Consortium used to prevent online fraud for buyers of collectables. Global’s service is used for sports collectables including baseball cards, and signature items where counterfeiting of such items is a particular problem. It is also used for other widely collected items such as coins, comic books, and stamps. For more information, go to http://www.gacard.net.
About Ault Glazer & Co., Inc.
Ault Glazer & Co., Inc. ( http://www.aultglazer.com), a holding company, which through its wholly owned subsidiaries and minority interests, is engaged in a number of diverse business activities, which include: merchant banking; corporate lending; shareholder activism; Internet sales and marketing; real estate; healthcare; energy; consumer products & services; insurance and media. It has plans to change its name to Global Sports and Entertainment, Inc. and plans on divesting its assets that are not sports and entertainment related in the coming weeks.”

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