SOURCE: Global Technologies, Ltd.

March 07, 2011 12:01 ET

Global Technologies Ltd.'s VX-Connect Crowd-Sourcing App Series to Support Google HotSpots in Real-Time

LONDON--(Marketwire - March 7, 2011) - Global Technologies, Ltd. (PINKSHEETS: GTLL) announced today its social-networking connectivity technologies and real-time geo-locating connectivity and real-time crowd-sourcing content delivery modules will support and integrate Google Maps and HotSpots.

This Google API integration provides geo-tagged information custom filtered and tailored for the user. Local vendors, businesses or other users currently using the VX-Connect system will have their information cross-matched and delivered first. Where there is not immediate VX-Connect match, the system will obtain content from various sources and filter them results based on user preference and within a specified radius of the user's location and allows users to tweet their reviews of places and share recommendations with Hotpot friends.

The VX-Connect series of plug-ins and developer tools provide both real-time check-in and geo-location connectivity content for users and vendors. Similar interests and user-defined content types will be instantly aggregated by and between everyone within a defined geographical area or radius.

The Company believes this model of geo-located crowd-sourced content distribution is the next evolution in real-time social media.

Interfaces to other popular internet retailers, social-media sites, and content distributors will be announced.

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 distribution 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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