SOURCE: Global Development & Environmental Resources, Inc.

August 19, 2005 07:05 ET

Global Development and Environmental Resources to Be Featured in September Edition of ValueRich Magazine and Will Present at the ValueRich Small-Cap Financial Expo in New York

LAS VEGAS, NV -- (MARKET WIRE) -- August 19, 2005 -- Global Development and Environmental Resources, Inc. (OTC: GDVE) announced today that the Company will be presenting at the ValueRich Small-Cap Financial Expo to be held in New York City on September 14th and 15th. Global Development's CEO, Philip Pritchard, CFO, Anthony Anish and President, Peter Cimino will be presenting. Additionally, the company has been selected for a featured article in the September issue of the ValueRich magazine.

ValueRich ( examines the entrepreneurial ideas, strategies and issues surrounding small-cap business and celebrates its rich rewards with articles about the luxury lifestyle and unique products. Its 58,000 subscribers include over 8,000 public CEOs, as well as fund managers, money managers, investment bankers, institutional and qualified private investors, securities brokers, investment advisors, security related attorneys and accountants.

CEO Philip Pritchard commented, "I am pleased that we were offered the opportunity to present at the ValueRich Financial Expo. The ValueRich magazine is a proven resource for featuring undiscovered small-cap investment opportunities to its readers. As Global Development has only recently become a publicly traded company, we are looking forward to demonstrating the merits of our firm to the institutional marketplace. Having a position in the financial expo and a featured position in the magazine is certainly a step in that direction." He added, "We look forward to the opportunity for our management to meet with the institutional marketplace. Our management team will be at the show and we will make ourselves available over the two day period. We will have a booth in the expo center and will provide detailed information on our business to those in attendance."

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About Global Development & Environmental Resources, Inc.

Global Development & Environmental Resources is an environmental remediation company. The Company provides turnkey risk assessment, engineering and construction development, environmental and related services to both public and private clients in numerous industries on four continents. GDVE offers integrated services that help clients take an infrastructure project from concept to completion.


Certain statements contained herein constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Since such statements involve risks and uncertainties, the actual results and performance of the Company may turn out to be materially different from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made herein; however, readers should carefully review reports or documents the Company files from time to time with the Securities and Exchange Commission.

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