SOURCE: Global Technologies, Ltd.

March 02, 2011 10:23 ET

Global Technologies Ltd. Announces New VX-Connect line of Crowd-Sourcing Technologies for Real-Time Geo-Location Connectivity for Android and Apple OS

LONDON--(Marketwire - March 2, 2011) - Global Technologies, Ltd. (PINKSHEETS: GTLL) announced today a new line of social-networking connectivity technologies and solutions for the creation of real-time geo-locating connectivity and real-time crowd-sourcing content delivery.

The new line of software and technology designs allows developers to add real-time geo-location to their social feeds and content delivery channels. These connectivity tools provide the unique ability to consolidate various popular social-networking and commerce sites to deliver both user and location specific social and commerce related information.

Other similar users and compatible local businesses or vendors, will all be instantly aggregated into relevant and ranked content feeds allowing both individuals and businesses to instant connect on similar wants, needs, or interests.

Vendors are instantly notified of crowd-sourced thresholds of interested potential customers allowing vendors and business to provide offers or special sales based on aggregated interest or buying power. This geo-location technology is analogous to the model of Groupon and all users receive notifications of important content or offers within their geo-located area in real-time.

The new line of content aggregation via geo-located crowd-sourcing will be deployed initially for Android and Apple OS devices and provide connectivity to major sites such as: Facebook, eBay, Amazon, and Twitter and provide vendors and business with special interest-specific content 'push' tools.

Developer and distribution programs for these technologies will be released and announced soon.

About Global Technologies/VX Partners

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.

VX Partners is a special purpose private technology holding partnership which owns several social media and related technologies for the rapid creation, deployment, and dsitribution of social networking for both personal and business related applications. VX Partners' technologies include: GPS auto-checkin locator services for personal and commercial relevance networking, rapid-build social site construction tools for vertical and custom branded market applications for both customer and employee loyalty and incentive programs, personal and enterprise application tool builder for individualized applications for social media interactions and sharing. VX Partners' technology and applications are designed to create new stand-alone social media sites as well as integrate into or tie-together existing popular sites such as Facebook, eBay, Twitter, Amazon.Com, among others. VX Partners has branded its technology and solutions for as the "Social Cloud Space" enabled by the integration, communication, and seamless access by and among multiple social platforms.

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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