SOURCE: Global Developments, Inc

February 02, 2007 09:21 ET

GLOBAL INVESTMENT UPDATE: BioLife Remedies Announces New Products

VANCOUVER -- (MARKET WIRE) -- February 2, 2007 -- Global Developments, Inc. (PINKSHEETS: GDVM), a publicly traded venture capital company, is pleased to provide the following update with respect to BioLife Remedies Inc., a manufacturer and distributer of health care products based on traditional Chinese medicine, in which Global holds an equity stake.

BioLife Remedies Inc. (PINKSHEETS: BLRS) announced today that it has developed 2 new herbal supplements derived from a Traditional Chinese Medicinal formula that has been used for centuries in China to treat Erectile Dysfunction. The first product, CHI-AGRA™, is developed to quickly and effectively treat ED. Formulated specifically for men with one easy dose of only 2 tablets 1 hour before sexual activity. For complete elimination of Erectile Dysfunction, CHI-AGRA™ can be taken daily in combination with the "quick -dose" for fast, effective relief of Erectile Dysfunction. CHI-AGRA™ is now available for retail and wholesale at www.blfrproducts.com

The second product DI-AGRA™ was developed to treat symptoms of ED in men with Diabetes. The Company plans to launch DI-AGRA™ in spring 2007.

About Bio Life Remedies, Inc

BIO LIFE REMEDIES, INC. combines Traditional Chinese Medicine and Western academic research and development practices with the newest scientific technology to produce effective medical and health-care products to combat serious diseases. The Bio Life Group has developed 108 master medical formulas to treat various diseases including diabetes, prostateria, osteoporosis, cerebrovascular disease, cardiac vascular disease, hypertension, menopausal syndrome, and sexual disorders in men and women. Please visit http://www.blfrproducts.com for more information.

About Global Developments

Global Developments, Inc. is a publicly traded venture capital company. It was formed to create a unique investment vehicle representing a growing portfolio of innovative and emerging growth-oriented companies. Global acquires its portfolio companies either as wholly or partially owned subsidiaries, or as an investment where Global is the lead investor. As a result, Global maintains substantial management and operational control, thereby giving it the ability to provide significant oversight and guidance in building value and creating liquidity events for its shareholders. Global invests in companies with solid management, operational excellence, and the potential to grow substantial revenue streams.

Please visit http://www.globaldevelopmentsinc.com for more information.

Forward-Looking Statements

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Global Developments, Inc. please refer to its Web site at http://www.globaldevelopmentsinc.com.


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Contact Information

  • Contact:
    Global Developments, Inc.
    Leighton Dean
    (604) 685-7552
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