SOURCE: Global Developments, Inc.

January 26, 2007 11:34 ET

GLOBAL INVESTMENT UPDATE: Red Truck Entertainment Launches Early Release of Album on iTunes

VANCOUVER, BC -- (MARKET WIRE) -- January 26, 2007 -- Global Developments, Inc. (PINKSHEETS: GDVM), a publicly traded venture capital company, is pleased to provide the following update with respect to Red Truck Entertainment, a Phoenix and Nashville based recording, film, and distribution company in which Global holds an equity stake.

Red Truck Entertainment today announced that its recording of "Destinations" by emerging country artist Danny Griego has been given an early launch on iTunes, ahead of its general release on February 13, 2007, as part of its general marketing strategy of the album.

About Red Truck's Marketing Plan

Red Truck's marketing plan has included identifying and targeting specific audiences to promote "Wal-Mart Girls", the music video single from the album, and the full-length album "Destinations". Two 30-second trailers of the music video was aired during the Independence Bowl on December 28, 2006, that showed a link to the music video's website. The Company also featured the music video on over 1,000 screens in 96 movie theaters, and released the song to approximately 600 radio stations. In addition, the Company has been marketing the music video and album through, with an active artist website at The full-length album, which is entitled "Destinations", is scheduled for release on February 13, 2007.

About Red Truck Entertainment

Red Truck Entertainment, through its subsidiaries, Lard Bucket Music, Miramonte Records, Red Truck Filmworks, and Americana Records, is engaged in the business of song and film publishing, recording and distribution. Red Truck is a vertically integrated company that wholly owns or partially owns subsidiaries that are engaged in the business of book and song publishing, music recording and film production. The company publishes and develops works by new and established writers, as well as music recording artists.

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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.

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