S. Guzman-Fournier will oversee a portfolio of 440 active SBIC
licensees with total committed capital resources of approximately $25 billion.
Mr. Previously
Mr. Prior to
that Mr. Dean Rogers has resigned as a Company director. Nick DeMare and
Christopher S.

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Small Business Administration announced today.
"I am pleased to name Jaime Guzman-Fournier to this important post at the
SBA ," Administrator Barreto said.,
located in Puerto Rico.

For more information about all of the SBA's programs for small businesses,
visit the SBA's extensive Web site at http://www.sba . Kape was also
Chief Financial Officer of Isee3d Inc.H). Kape was the Principal Partner of a senior management
recruiting firm, specializing in the technology sectors of enterprise
resource planning and customer relationship management, which was sold
in December 1999. Mr. Kape holds a Bachelor of Arts in
Administrative and Commercial Studies (Finance and Economics) from the
University of Western Ontario and is presently pursuing his Master's
in Business Administration at the John Molson School of Business in
Montreal, Quebec.
The Company's new telephone number is 604-639-5835.

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WASHINGTON, Jaime Guzman-Fournier was appointed
associate administrator for the Office of Investment by Administrator Hector
V.
"It is a great honor and privilege to serve the Bush administration in
this capacity," said Guzman-Fournier. For more information about the SBIC program go to
http: //www.sba.gov. Kape currently holds senior officer positions within a
portfolio group of five (5) private companies, all of which are
involved in online marketing activities related to sports. Mr . Kape.

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Guzman-Fournier received his bachelor of arts degree in economics from the
University of Michigan in Ann Arbor.

Global Energy Inc. Announces Appointment of New Director and Officer

(the "Company") (OTCBB:GEYI) is pleased to
announce that on April 5, 2005, our Board of Directors ' appointed Mr. Kape as a director, and also appointed him to the
position of President and Chief Executive Officer. Kape has held a variety of positions including owner and President
of Interactive Classified Corporation, an online classified based
company that he successfully sold in 2004 after a buyout and 3 year
operations turnaround. From 2001 to March 2005, Mr.
Mr.
Our Board of Directors now consists of Messrs.
The Company is also moving its offices to Suite 400, Four Bentall
Centre , 1055 Dunsmuir Street, Vancouver, British Columbia, V7X 1J1.

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"
As associate administrator of the Small Business Investment Company
program, Mr. He is also a graduate of the joint
MA/MBA degree program between the Nitze School of Advanced International
Studies of the Johns Hopkins University and The Wharton School of the
University of Pennsylvania.gov/INV . (TSX Venture:ICG.

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Before joining SBA, Guzman-Fournier worked in the Global Corporate and
Investment Bank of Citigroup in New York and with Grupo Guayacan, Inc.
The SBIC program is designed to fill the gap between the availability of
venture capital and the needs of small businesses in start-up and growth
situations.

Business Editors

VANCOUVER, British Columbia----Global Energy Inc.
Christopher S. Kape began his career at Procter + Gamble, where
he tenured for 2 years. The Board is exploring new business opportunities
for the Company.

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SBA Administrator Names Jaime Guzman-Fournier as Associate Administrator for Investment

Barreto, the U. "With his expertise in corporate banking
and venture capital, plus his leadership skills, Jaime is an excellent choice
for this position.
Prior to his selection, Guzman-Fournier was serving as acting associate
administrator for investment, and before that as senior adviser to both the
former associate administrator for investment and the former associate deputy
administrator in the Office of Capital Access, which oversees all financing
programs at the SBA, including the Office of Investment (SBIC Program).