SOURCE: Global Technologies, Ltd.

July 09, 2010 08:30 ET

Global Technologies Issues Report on Current Operations: Significant Increase in Asset Value and Income

LONDON--(Marketwire - July 9, 2010) -  Global Technologies, Ltd. (PINKSHEETS: GTLL) issues an operational update on the implementation of its recently announced enhanced business plan and new strategic direction that included a corporate-wide re-branding and the commencement of its pioneering Innovation Development & Demonstration (ID2) Partnership initiative.

The Company has moved quickly with the implementation of its ID2 Partnership Initiative: through strategic acquisitions, innovative development projects, tactical licensing arrangements, and has substantially grown and strengthened its 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:

04/22/10 - announced today its expanded business model and strategic restructuring. including a corporate-wide re-branding, website and the commencement of its pioneering Innovation Development & Demonstration (ID2) Partnership initiative.

04/23/10 - issued preliminary investor guidance on its market capitalization, projections, and financial reporting procedures.

05/04/10 - signed Joint Development Agreement with Creative Laboratory Enterprises (CLE), a private Intellectual Property (IP). The holding company currently has a portfolio exceeding $60,000,000 of IP asset valuation, primarily focused in the sustainable energy and environmental sectors.

05/20/10 - retained Patent & Intellectual Property Attorneys to assess its growing Intellectual Property portfolio and secure necessary filings and Patent protections.

06/02/10 - completed an $9,000,000 Intellectual Property (IP) Transfer Agreement with Creative Laboratories Enterprises (CLE) that includes core Innovative Wind Turbine Blade Designs. The transaction was purchased through an equity-building issuance of Preferred Stock and will created no debt.

06/10/10 - commenced patent protection on its first 9 Wind Turbine technologies recently acquired as part of the core Innovative Wind Turbine Blade Designs from the CLE's extensive Intellectual Property Portfolio.

06/16/10 - announced the launch of five (5) Development Projects based on the Wind Turbine assets recently acquired (Projects (PRj) @ www.GlobalTechnologiesLtd.com)

06/23/10 - acquired Vertical Axis Turbines Application Designs and Engineering from Creative Laboratory Enterprises (CLE) valued at a further $6,000,000 and was purchased through an equity-building issuance of Preferred Stock and will create no debt.

06/28/10 - announced the addition of an additional four (4) Development Projects based on the Wind Turbine the Company's IP, bringing projects launched to date to nine (9). (Projects (PRj) @ www.GlobalTechnologiesLtd.com)

07/06/10 - signs a $15,000,000 Intellectual Property (IP) Development & Distribution License with the Wind Design Distribution Group (WDD), a UK Limited Partnership, for development and distribution the first of its proprietary Wind Turbine Blade Designs.

The Company anticipates further income generating Licensing arrangements and Development Projects to evolve from the its recent acquisition of core Wind Turbine Intellectual Property (IP) Assets as part of the Joint Development Agreement with Creative Laboratory Enterprises (CLE), a private Intellectual Property (IP) and Technology Holding company.

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.

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 and is actively seeking collaboration from all sectors in advancing its Wind Turbine Blade Designs and Axis Turbines Application Designs and Engineering.

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 Global Technologies, Ltd.
GLOBAL TECHNOLOGIES (GTL) is a technology portfolio company that acquires nascent technology and related innovations, inventions and IP assets to enhance their growth and development. The company builds revenues and asset value through a model of continuous growth, income from or sale of its portfolio holdings, and technology licensing or distribution 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 release contains statements or projections regarding future performance that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's filings contain various RISK FACTORS (and are incorporated on the Company's website "Investors" section by reference) and should be read before any investment decision.

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