SOURCE: Global Holdings Inc.

December 02, 2010 10:06 ET

Global Announces Agreement With Greentread Technologies

NEW YORK, NY--(Marketwire - December 2, 2010) - Global Holdings Inc. (OTCBB: GOHG) is pleased to announce that the company has entered into a joint-venture agreement with Greentread Technologies, a Texas based technology company, which is developing several innovative, patent-pending technologies in the energy conservation field.

Greentread plans to launch its first product during the first quarter of 2011 and has continued to strengthen the intellectual property. Greentread's principals consider a joint-venture with Global a strategic option, as Global is positioning itself to acquire other technologically oriented companies in a broad range of fields.

Greentread is made up of a small group of capitalistically oriented scientists which believes that innovative and inventive applications of math, science and engineering can further advance the efficiency of motor transport vehicles. Greentread scientists believe that improving efficiency of private and commercial motor vehicles is largely an untouched market.

Global Holdings Inc. (OTCBB: GOHG) objective is to acquire, partner with and promote advanced technologies through management coaching, effective intellectual property deployment, business networking and intelligent financial solutions. The company is a technology incubator that offers a specialized menu of support resources and services. Management believes it will accomplish its goal to maximize shareholder value through strategic acquisitions and effective business design. 

Contact: Mr. Robert Adams, Phone: (214) 843-0503

Website: www.globalholdingsinc.net 

Disclaimer

This press release is not to be construed as an offer to sell, hold or the solicitation of an offer to buy any security or conduct investment business. Information provided in this release is for reference purposes only and does not represent itself to be offering or recommending any securities to be bought or sold. Investors are encouraged to seek opinions by their registered brokers or financial advisors after extensive due diligence is performed. Any decision to buy or sell any security that may be featured in this press release is done purely at the investor's own risk.

Certain statements in this press release are "forward-looking statements" and are subject to certain risks and uncertainties. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events.

Contact Information

  • Contact:
    Mr. Robert Adams
    Phone: (214) 843-0503