SOURCE: Global Technologies, Ltd.

September 30, 2010 10:36 ET

Global Technologies' Small Wind-Power Portfolio Receives Boost: GWEG Reports Global Wind Power to Double Between by 2014 and Again by 2020

LONDON--(Marketwire - September 30, 2010) -  Global Technologies, Ltd. (PINKSHEETS: GTLL) Small Wind-Power Asset Portfolio again received a boost in its market valuation and revenue potential as the Global Wind Energy Council (GWEC), in its five-year market outlook, forecasts that global wind power will double between 2010 and 2014, reaching more than 400 GW.

These were the figures presented by Steve Sawyer, Secretary General of the Global Wind Energy Council, at a press conference during the Husum WindEnergy fair, of which GWEC is the international partner. This increase will continue to be driven by growth in China, the US and Europe, but new countries are also entering the global wind map.

"As wind power is becoming more competitive, it is rapidly expanding beyond the traditional markets in North America and Europe. In fact, around half of the growth is now happening in emerging economies and developing countries," said Sawyer. "We are seeing very encouraging signs from countries in Latin America, including Brazil, Mexico and Chile, as well as Northern and Sub-Saharan Africa."

A longer term outlook for global wind power growth will be presented by GWEC in October during its China Wind Power 2010 conference in Beijing. This new edition of the 'Global Wind Energy Outlook 2010' will present three scenarios for the development of wind energy, showing how 1,000 GW of installed capacity could be operating world-wide by 2020, and as much as 2,300 GW by 2030.

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.

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 Small Wind 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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