SOURCE: Global Developments, Inc.

November 15, 2006 18:19 ET

Global Developments Announces Appointment of Director

VANCOUVER, BC -- (MARKET WIRE) -- November 15, 2006 -- Global Developments, Inc. (PINK SHEETS:GBDP), a publicly traded venture capital company, is pleased to announce the appointment of Esther Briner to the Board of Directors.

Esther Briner is Chairperson and Chief Executive Officer of OTC Filers Inc, a consulting company dedicated to guiding small cap companies through the public listing process. Ms. Briner is also partner of Briner Group Inc., an angel investment firm that provides emerging businesses with financial services and access to capital worldwide. She specializes in corporate communication and project management, also focusing on initiatives related to angel investing such as access to public capital markets, optimization of capital structure, arranging strategic equity partnerships, and ongoing management support.

Prior to co-founding Briner Group, Ms. Briner worked in both private and public sectors, encompassing industries from biotechnology to financial services. Presently Ms. Briner serves on the Board of Directors for a number of public companies. Ms. Briner holds a Bachelor of Science from Geneva, Switzerland, and has benefited from research studies in York University, UK and Zurich, Switzerland. Esther also carries a certificate in Marketing from the Business Institute in Utah, USA.

About Global Developments, Inc.

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 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. Please visit http://www.globaldevelopmentsinc.com for more information.

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 http://www.globaldevelopmentsinc.com.

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