SOURCE: Global Developments, Inc.

November 10, 2006 18:31 ET

GLOBAL INVESTMENT UPDATE: Bio Life Remedies Offers Diabetic Supplements On-Line

VANCOUVER, BC--(Marketwire - November 10, 2006) - Global Developments, Inc. (PINKSHEETS: GBDP), a publicly traded venture capital company, is pleased to provide the following update with respect to Bio Life Remedies Inc., a manufacturer of health care products based on traditional Chinese medicine, in which Global holds an equity stake.

Bio Life Remedies Inc. has announced that their diabetic supplements Zutrol™ and Betatrol™ are now available for purchase on-line at . Produced from 100% organic natural flora and utilizing modern science and technology (flora broken cell wall technology), independent clinical tests have demonstrated that Zutrol™ and Betatrol™ have attained positive results in patients for the treatment of diabetes mellitus and its complications with a success rate of 75%. For more information about diabetes mellitus and treatment with Zutrol™ and Betatrol™, please visit their website at .

About Bio Life Remedies

BIO LIFE REMEDIES, INC. combines Traditional Chinese Medicine and Western academic research and development practices with the newest scientific technology to produce effective medical and health-care products to combat serious diseases. The Bio Life Group has developed 108 master medical formulas to treat various diseases including diabetes, prostateria, osteoporosis, cerebrovascular disease, cardiac vascular disease, hypertension, menopausal syndrome, and sexual disorders in men and women.

About Global Developments

Global Developments, Inc. is a publicly traded venture capital company. It was formed to create a unique investment vehicle representing a growing portfolio of innovative and emerging growth-oriented companies. Global acquires its portfolio companies either as wholly or partially owned subsidiaries, or as an investment where Global is the lead investor. As a result, Global maintains substantial management and operational control, thereby giving it the ability to provide significant oversight and guidance in building value and creating liquidity events for its shareholders. Global invests in companies with solid management, operational excellence, and the potential to grow substantial revenue streams.

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Forward-Looking Statements

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Global Developments, Inc. please refer to its Web site at Contact:

Global Developments, Inc. Leighton Dean (604) 685-7552

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