SOURCE: Global Technologies Group, Inc.

Global Technologies Group, Inc.

August 15, 2012 12:28 ET

Global Technologies Group Updates Status of Mercury Capture Reporting at Cement Plant

SARASOTA, FL--(Marketwire - Aug 15, 2012) -  Global Technologies Group, Inc. (PINKSHEETS: GTGP) Announces that the Mercury removal percentages, analysis and final report will be available at the end of the operational run period which was scheduled to conclude on August 21, 2012 but has now been extended for an additional week to August 26, 2012.

The Mercury capture is being monitored daily and will be verified by both the plant and MSE Technology Applications, Inc. who will write the report after the run.

"While I had initially decided to report on a daily basis, after discussions with MSE and the plant, it was decided to wait until the full-scale run, data analysis and final report was completed to represent a clear and concise set of data to determine the effect of MBS on Mercury capture at the plant. We are still in the operational run mode and I am confident that results will be what we are expecting. It should be noted that Global's Mercury capture technology for the removal of Mercury from stack gasses does not cause companies to shut down for a retrofit and can be implemented immediately," stated James Fallacaro, President of Global Technologies Group, Inc.

Global Technologies Group, Inc. (GLOBAL) is a company that is in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries. The criteria for the licensing or distribution agreements of the technologies are: they must be proven, validated and in use. The business plan of Global is to sublicense the technologies it acquires to companies in Countries covered under the original license grants and for its own use. For our exclusive distribution and reseller agreements, we partner with appropriate representatives in the covered countries for resale of turn key projects.
Our licensors are: MSE Technology Applications, Inc., M2Polymer Technology, Inc. and Solucorp Industries Ltd.

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