Over Four Million GoldGrams Now Circulating as Digital Gold Currency

1 October 2005 - In its regular quarter-end report published today, GoldMoney revealed that there are now 4.09 metric tonnes of gold currency within GoldMoney. Account growth also achieved a new record. GoldMoney now has 23,800 accounts for its customers in over 100 countries.

Referring to the company's rapid growth, James Turk, founder and chairman of GoldMoney said: "It is becoming apparent that there are two reasons for our ongoing success. First and foremost, customers know that their gold in GoldMoney is safe. Our customers are very pleased with our governance procedures, the regular audits and the insurance through Lloyd's of London protecting their gold. Second, customers like GoldMoney's convenience and low-cost to buy and sell gold. It's a winning combination that is making GoldMoney a world leader in the gold industry."

GoldMoney, the inventor of digital gold currency, is combining 21st century technology with the world's oldest money - gold - to make the online purchase of gold safe, convenient and economical. Not only is GoldMoney the fastest growing digital gold currency, it is also the largest one to be regularly audited, and its governance procedures have set the industry standard.

Anyone can use GoldMoney to build their savings and secure their wealth by owning pure gold that is insured and stored safely and conveniently for them in a vault in London, England.

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GoldMoney is digital gold currency - gold in digital form that can be accumulated, spent and transferred electronically. By converting the world's oldest money into a new and much-needed digital currency, GoldMoney allows merchants and consumers to avoid the risk and expense of credit cards as well as the hassle of using conventional fiat currencies online. GoldMoney has been awarded four US patents for its asset-based online transaction system. GoldMoney services can be accessed at GoldMoney.com.

For more information contact:
James Turk
Founder, GoldMoney
info@goldmoney.com

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