Deal with Prudential covers 4,000 residential apartment buildings

SkyNetGlobal Limited, dual-listed on ASX (“SKG”) in Sydney and on AIM (”SKN”) in London, announced today that its has signed a master agreement with Australia’s largest strata/body corporate property manager to facilitate the provision of its W Home broadband communications services and home automation products for up to 4,000 Residential Apartment buildings. SkyNetGlobal's revenues from customer sales increased 330 percent, to A$2,277,000 for the half year ending December 31, 2004, against A$530,000 in revenues for the same period last year.