EXHIBIT 99.1


Company Press Release
Source:  eGlobe, Inc.


                  EGLOBE ACQUIRES LATIN AMERICAN INFRASTRUCTURE

WASHINGTON,  D.C., October 6, 1999, eGlobe, Inc. (NASDAQ:  EGLO) today announced
that it signed a definitive  agreement to acquire  iGlobe,  Inc., a wholly owned
subsidiary of Highpoint Telecommunications,  Inc. (HGP). Recently established by
Highpoint,  iGlobe has created an  infrastructure  supplying  Internet  Protocol
("IP") Services, particularly Voice over IP ("VoIP"), throughout Latin America.

With this purchase, eGlobe acquires critical operating capabilities: licenses to
operate in four Latin American countries, twelve reciprocal operating agreements
with Latin American carriers,  a teleport in Mountain View,  California,  a full
transponder  lease with  coverage  of Latin  America,  and long term  leases for
international fiber optic cable;  international  gateway switches located in New
York, Los Angeles and Denver,  a robust carrier  billing system and IP operating
systems compatible with those currently utilized by eGlobe.

"iGlobe gives us an IP network in Latin America that  complements the network we
are  building  in  Asia  and the  rest  of the  world,"  commented  eGlobe  CEO,
Christopher  Vizas.  "iGlobe  also  gives us some  strong new  national  carrier
customers  and  strengthens  our  relationships  with  key  existing  customers.
Combined with our announced merger with Trans Global Communications,  Inc., this
acquisition  should  create  one of the  most  extensive  networks  of IP  voice
gateways in the world."

eGlobe  purchased  iGlobe for $9 million in convertible  preferred stock and the
assumption of $1.5 million in liabilities.  The convertible  preferred stock can
be converted  after one year into  3,772,003  common  shares or,  under  certain
circumstances, may be repurchased by eGlobe.

ABOUT EGLOBE, INC.
         eGlobe  is  a  leading  supplier  of  global   telecommunications   and
information  services,  including  Voice over IP,  Telephone  Portal and Unified
Messaging Services, other international Internet and inter-networking  services,
and calling card services,  along with related  validation,  billing and payment
systems. eGlobe operates in partnership with telephone companies and ISPs around
the world.  Through its World Direct network,  eGlobe  originates  traffic in 90
territories and countries and terminates  anywhere in the world. eGlobe provides
its services principally to large national telecommunications companies, to ISPs
and Portals, and to financial institutions.

         Certain   statements   in  this  news  release  are  "forward   looking

statements" within the meaning of the Private  Securities  Litigation Reform Act

of 1995 and involve  known and unknown  risks,  uncertainties  and other factors

that may cause the Company's  actual results,  performance or achievements to be

materially different from the results,  performance or achievements expressed or

implied by the forward  looking  statement.  Factors  that  impact such




forward looking statements include,  among others, the ability of the Company to

attract  additional  business,  the  ability  of  the  Company  to  successfully

integrate acquisitions and mergers,  complete software development and offer new

products,  changes  in  expectations  regarding  restructurings,  including  tax

liabilities and reductions in cost,  possible changes in collections of accounts

receivable, risks of competition,  price and margin trends, changes in worldwide

general  economic  conditions,  changes in interest  rates,  currency  rates and

worldwide competition.