SOURCE: Global Technologies, Ltd.

September 27, 2010 10:51 ET

Global Technologies to Integrate Wind & Solar to Power Mobile Communications: Renewable Powered Mobile Base Stations to Increase 450% by 2014

LONDON--(Marketwire - September 27, 2010) - Global Technologies, Ltd. (PINKSHEETS: GTLL) announced today that it plans to integrate its Small Wind Technologies together with specific solar energy technologies to provide sustainable energy sources to power the growing number of mobile communication base stations.

A new report from Pike Research forecasts that renewable energy will power 4.5% of the world's mobile base stations by 2014, up from just 0.11% in 2010. In developing countries, the percentage will be even higher -- the respected CleanTech market intelligence firm forecasts that 8% of base stations in those regions will utilize renewable power by 2014.

"Energy is one of the top expense items for mobile network operators," says managing director Clint Wheelock. "As solar and wind equipment become more cost-effective in the next few years, renewable energy will be an increasingly attractive option for base station power, in combination with batteries and fuel cells." Wheelock adds that the economics of renewable energy are already favorable in remote off-grid areas where the fully-loaded cost of delivering diesel to generators is high.

Pike Research's analysis indicates that these initiatives are likely to result in a significant reduction in energy-related operating expenses in addition to a dramatic decrease in GHG emissions related to telecom network operations.

The Company believes Small Wind-Power Generation, for residential and commercial use, is a high growth sector that promises to become a significant and vital energy option primed for strong sales growth of the company's holdings and technologies. According to a recent report from Pike Research, the global small wind market is poised for strong growth in the next few years, with revenues forecast to double from $203 million in 2009 to $412 million in 2013.

Similarly, Solar Photovoltaic (PV) and Solar Thermal markets are expected to average an annual growth rate of 30% per annum (between 4.5-5.5 GW depending on the scenario), representing growth which is approximately ten times the size of the 2009 market.

The Company now has 20 Product Development Projects currently fuelling the market valuation of its Small Wind Asset Portfolio, which include Hybrid Wind Turbine Designs and Engineering and Wind Turbine Blade Design Development Projects and has recently announced the formation of a task force to report on the feasibility and market potential of technology acquisitions and product development in the Solar Photovoltaic (PV) and Solar Thermal market.

Based on projected revenue models and asset valuation based on development cycle completions, the Company has valued the first three asset acquisition transactions at a total of $22.2 million.

Additionally, the Company signed a Development & Distribution License with an income potential of $15,000,000 over the term of the agreement, for development and distribution of the first of its proprietary Wind Turbine Blade Designs. Further updates on this and other anticipated development and distribution agreements will be announced as they progress through the development and distribution cycle.

The Company anticipates further income generating Licensing arrangements to evolve from its recent acquisition of core Wind Turbine Assets as part of its Joint Development Agreements and the Development and Distribution Agreement with WDDG.

GTL invites professional third party collaboration with public, private and institutional partners across all phases of the development cycle. The Company accepts submissions from both inventors and joint venture development partners. The details of the specific projects will be posted and regularly updated on Projects (PRj) portal at www.GlobalTechnologiesLtd.com.

By acquiring and funding novel early stage research, the Company will leverage its technical and financial resources for the benefit of the inventors, stakeholders and the innovation marketplace. The Company builds revenues and asset value through a model of continuous growth, income from or sale of its portfolio holdings, joint development agreements and technology licensing or distribution agreements.

ABOUT THE COMPANY

Global Technologies, Ltd. (GTL) is a technology portfolio company that acquires technology assets to enhance their growth and development. The company builds revenues and asset value through a model of developmental and acquisition growth. The company receives income from, or sale of, its portfolio holdings or technology licensing agreements.

GTL invests primarily in innovative and promising clean/renewable energy or bio-tech technologies that have reached the stage in the critical Technology Development & Demonstration phase of the Innovative Cycle, which includes Prototype, Demonstration and Market Analysis.

SAFE HARBOR

This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.

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