SOURCE: Global General Technologies

March 14, 2007 13:32 ET

Global General Technologies, Inc. Clarifies Misfiled Press Release Negatively Affecting Stock Price

Press Release Appearing Under GLGT Archive Incorrect; No Reverse Split and No Canadian Listing Pending

MIAMI, FL -- (MARKET WIRE) -- March 14, 2007 -- Global General Technologies, Inc. (OTCBB: GLGT), announced today that the company was informed late in yesterday's trading session by concerned shareholders that a press release appeared under the company's symbol "GLGT" at Yahoo Finance that references a Canadian company, GLG Life Tech Limited, changing its corporate name, obtaining a new symbol of "GLGT" and to be traded on the Canadian Trading and Quotation System Inc.. In addition, that company announced plans to do a reverse split.

Global General Technologies, Inc. is not connected in any way to the Canadian company noted in the confusing press release on Yahoo Finance's archive of GLGT press releases. In the interest of clarity, the GLGT will not be doing a reverse split and will not be listed on any Canadian exchange. The company has informed the parties responsible for the misfiling of the press release requesting the immediate deletion of the press release from the company's PR history. Through no fault of Global General Technologies, some investors were misinformed prompting weakness in the company's stock price yesterday. The company regrets any negative ramifications from the misleading press release.

The company continues to build on its business plan of introducing its flagship perimeter defense security offering, known as the Silent Soldier, to the global security market place. With interest emanating from India and China, the Silent Soldier product offering is one of the most advanced early warning surveillance systems currently available. The Silent Soldier offers the "earliest" Intelligence & Early Warning Surveillance systems for long-range incursions that enable rapid responses in the prevention of terrorist attacks. GLGT's next-generation solution is designed to maximize intelligent communication, resource sharing, threat determination, sensor detection, and mission planning for high value locations with definitive perimeters such as refineries, oil pipelines, nuclear power plants, electric plants, marine terminals, storage tank farms, and harbor facilities. The systems may be remotely operated on a manual basis via a secure web-based interface, adding an additional layer of safety.

Global General Technologies recently attended the 15th Security Show, Asia's Leading Security Industry Trade Fair that was March 6-9, one of Japan's biggest trade shows in the field of security and safety management, which showcased a vast collection of security products such as video surveillance, biometrics identification and access control systems, information security systems, etc. The company is very encouraged by the high level of interest expressed in the Silent Soldier by a number of private companies and public national agencies. Global General Technologies is in the process of scheduling more follow on meetings with potential clients.

Separately, conducted an interview with the company recently. Topics discussed during the interview included the unique features offered by the company's intelligent video surveillance system known as "Silent Soldier" which is being considered by the 2010 Shanghai World Expo for security. Mr. Miller, Chief Technology Officer of GLGT, elaborated on the company's marketing efforts and representation in India and China which the company projects will contribute to the company's 2007 revenue forecast of $4-5 Million. To hear the interview in its entirety, visit, and click on "Interviews." The interview can be accessed either by locating the company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews" section of the site, or by entering the company's ticker symbol in the Search Archive window.

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About Global General Technologies, Inc.

Global General Technologies, Inc. is in the Intelligent Video surveillance market with an innovative perimeter defense security system. There is no known competitor that has implemented Intelligent communications for a total integrated solution. Through its wholly owned subsidiary, H7 Security Systems, Inc., Global General Technologies offers a high quality, durable intelligent surveillance system for perimeter defense security utilizing video, sound, seismic and thermal sensors and satellite technology from various manufacturers which is integrated into a real-time command and control system known as the Silent Soldier. The technologies are packaged with the company's proprietary Intelligent Communication Node (ICN) technology. GLGT evaluates the security threats and notifies the command and control center of potential intrusions. The highest quality and durable video, sound, seismic, and thermal sensors are combined with satellite technology and robotics to blanket a perimeter in surveillance equipment. The result is a command and control center that not only communicates with each piece of equipment on the perimeter, but communicates efficiently with command and control center personnel. The Silent Soldier system provides video surveillance to detect early movement and follow up with rapid threat identification, tracking, notification and prioritization through automated decision making in the field and not relying on command and control center action. Corporate website:

Information included in this news release contains forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995 ("Reform Act"). Such statements are based on current expectations and involve a number of known and unknown risks and uncertainties that could cause the actual results and performance of the Company to differ materially from any expected future results or performance, expressed or implied, by the forward-looking statements. In connection with the safe harbor provisions of the Reform Act, the Company has identified important factors that could cause actual results to differ materially from such expectations, including operating uncertainties, uncertainties relating to economic issues and competition. Reference is made to all the Company's SEC filings, including the Company's Reports on Forms 10K, 10Q and other periodic reports.

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