SOURCE: Global Realty Development Corporation

December 05, 2006 08:05 ET

GLOBAL REALTY DEVELOPMENT CORPORATION RETAINS 5W PUBLIC RELATIONS AS THEIR PR AGENCY OF RECORD

CORAL SPRINGS, FL -- (MARKET WIRE) -- December 5, 2006 --



Launching the First "Text Your Way to Stardom" Campaign is Agency's First Task

Coral Springs, FL, December 5 - Global Realty Development Corporation, a Delaware Corporation (OTCBB GRLY) today announced that they have hired 5W Public Relations, a New York City based PR and Media firm. Headquartered in New York with an office in Los Angeles, 5W Public Relations (www.5wpr.com), is the nation's fastest growing independent PR firm for 2004 & 2005, according to the O'Dwyer's Report. The agency maintains practice areas specializing in technology, corporate, consumer, entertainment, crisis communications, Investor Relations, event management and public affairs.

The 5W Public Relations team will hit the ground running in December by publicizing GRD's one-of-a-kind SMS- Text Messaging -based campaign, "Text Your Way to Stardom." The campaign offers the chance to win a feature role in GRD's upcoming film, "The Devil Exists" or a track on the soundtrack for the film.

"Text Your Way to Stardom" is the first of three movie-related campaigns to be launched by GRD's entertainment subsidiary, MJD Films. Other campaigns include "Win A Trip To The Cannes Film Festival," where the winner will attend "The Devil Exists" party and "Walk The Red Carpet" where the winner will attend the movie's official premier.

5W is described by the Holmes Report as "aggressive in a way that clearly resonates with clients looking for a firm staffed with type A-plus personalities, a BS-free approach, and results from Day One," 5W's culture is aggressive, energetic, fast-paced and focused. The Company boasts a diversified client roster including: Fortune 500 mainstay EDS , Evian Natural Spring Water, NICE Systems, VeriSign, McDonald's Corporation, Patina Restaurant Group, The HealthCentral Network, United Retail Group/Avenue Stores, Seagram's Coolers, Benny Hinn Ministries, The Pritikin Longevity Center & Spa, Lassie, the world's most famous dog, celebrities including Pamela Anderson, Snoop Dogg, Lil' Kim, Ice Cube, Nick Cannon and NBA Star Jalen Rose, a plethora of publicly traded technology companies, and a variety of other global interests, national corporations, high-profile individuals, regional businesses, government agencies and academic institutions.

"5W Public Relations' considerable mobile technology and entertainment experience made them the right agency for us," said Robert Kohn, CEO of Global Realty Development Corp. "Significant developments in our entertainment division need to be relayed to a broad audience immediately."

Global Realty Development Corp. is a publicly held company based in the United States that focuses on high-value investment in - and development of - properties in real estate, entertainment and gaming markets around the world.

For further information about Global Realty Development Corp, please visit http://www.grdcorporation.com


About Global Realty Development Corp.

Global Realty Development Corp. is an international land development company operating through various real estate development subsidiaries. Global recently acquired MJD Films and the majority interest in the TFM Group and is now focused on pursuing opportunities in the entertainment and gaming industry.

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of GLOBAL officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future GLOBAL actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and GLOBAL has no specific intention to update these statements.


Redwood Consultants, LLC
415-884-0348
InvestorInfo@RedwoodConsultants.com

5W Public Relations
212-999-5585
kmercuri@5wpr.com




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