SOURCE: Global Holdings, Inc.

April 26, 2011 08:30 ET

Global Holdings and Aufbau Labs Team Up Against MRSA Staph Infections; American Medical Facilities Currently Spend $8 Billion Annually Treating Staph Infections

FRISCO, TX--(Marketwire - Apr 26, 2011) - Global Holdings (OTCBB: GOHG) has partnered with Aufbau Laboratories in the development of an environmentally friendly technology which has preliminarily shown to be very effective at deodorization and disinfection of certain strains of bacteria including the MRSA Staph Infection strains. American medical professionals currently spend $8 Billion annually to treat staph infections in hospitals, nursing homes, and inpatient care facilities. A prototype should be ready in 30 days; within a year GOHG can expect $500,000 to $1 Million in revenue from contracts for disinfecting nursing homes, sports facilities and hospitals.

The CDC estimates that 100,000 people a year die from MRSA staph infections and an estimated 20% of hospital-acquired MRSA infections cause death. Unfortunately, a new variant of MRSA is emerging within the sports community which has a much higher fatality rate, by some estimates reaching 50%. This newer variant is now being discovered in sports training facilities including those associated with professional, college and high school level teams. Recent investigations have found a broad range of bacteria at high concentration actually living within sports equipment which tend to be covered in mucus, sweat, dead skin and occasionally blood, ideal environment for bacteria, fungi and mould.

Terry Tecco, CEO of Global Holdings, stated, "In the athletic sector alone, the buildup of noxious odors as a result of human activity has always been an inconvenience for public areas, athletic gear, lockers, rental cars, etc. The bacteria responsible for these odors, left untreated, tend to propagate and colonize the equipment, clothing and uniforms. Contaminated sports equipment has led to infections so severe that players, children in particular, have become critically ill from the resulting sepsis. So we believe that there is an obvious public health need to be addressed with our technology."

Global Holdings Inc.'s (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.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

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