SOURCE: TBC Global News Network, Inc.

April 20, 2010 09:00 ET

TBC Global News Network Subsidiary Sterling Yacht Sales, Inc. Signs First Dealer Agreement With Absolute Yachts

LIGHTHOUSE POINT, FL--(Marketwire - April 20, 2010) -  TBC Global News Network, Inc. (OTCBB: TGLN) (www.tbcglobalnews.com) is pleased to announce that its subsidiary, Sterling Yacht Sales, Inc., has signed its first dealer agreement with Absolute Yachts (www.absoluteyachts.com), a leading manufacturer of yachts ranging in size from 40' to 70'.

Under the agreement Sterling Yachts is now the selling and servicing dealer for Absolute Yachts for the South East region of the United States. 

CEO Glenn McMachen stated, "We are pleased to complete this agreement with our Italian friends at Absolute. With my experience as a dealer over the years, our company stands ready to assist our clients in obtaining the finest yachts available. The Absolute model line is just an example of this."

About TBC Global News Network, Inc.

TBC Global News Network, Inc. is a holding company that reports the operations of its subsidiary, Sterling Yacht Sales, Inc.

About Sterling Yacht Sales, Inc.

Sterling Yachts Sales, Inc is a dealer/broker of vessels ranging in size from 30 feet and up. It currently is brokering vessels though its sales force of experienced yacht brokers, who are working under the company's broker license. The company is actively seeking manufacturer relationships. Its offices are located in Lighthouse Point, Florida. (www.sterlingyachtsales.com)

About Absolute Yachts

Absolute Yachts is a premier Italian brand that produces 10 different models from 40' to 70'in length in both Express and Bridge models. Absolute exclusively uses Volvo IPS propulsion systems that increase maneuverability and performance, and are more efficient, improving range. In addition to beautiful styling, functional features such as opening sun roofs, hydraulic swim platforms, fully enclosed cockpits with air conditioning, provide comfortable cruising and enjoyment. The interiors are provided with exotic wood, contemporary fabrics, modern hardware, and matching dêcor. Absolute Yachts has received numerous awards in Europe and is marketed across the globe. (www.absoluteyachts.com)

Notice: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those set forth in the company's Form 10-K filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

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