SOURCE: Global Triad, Inc.

January 18, 2006 09:00 ET

Global Triad, Inc. Announces Global TV, a Wholly Owned Subsidiary of Global Triad, Is Presently in Negotiation With the American Basketball Association to Produce for Broadcast a 16 Game Schedule

Including Their All-Star Game

FT. LAUDERDALE, FL -- (MARKET WIRE) -- January 18, 2006 -- Global Triad, Inc. (OTC: GBTD) a publicly traded company currently on the Over the Counter.

Global TV, a wholly owned subsidiary of Global Triad, announces it is in negotiation with the American Basketball Association (ABA) to broadcast 16 games including their All-star game.

Global TVs has formed the IPTV Sports Network and will be broadcasting a live feed, Paid Preview, over the internet for the ABA.

Last night Global TV produced the first game with a live radio broadcast and is now editing the game for presentation over the UATV Network. The first game will be broadcasted to over 22 million homes Nationwide.

SAFE HARBOR

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Reform Act of 1995. Forward-looking statements made by Global Triad, Inc. is not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Global Triad and Global TV, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition.

Contact Information

  • Contact:
    For more information, contact Global Triad, Inc.
    CEO, Anthony Mellone
    (954) 561-7321.

    For investor relations information,
    Company web site:
    http://www.globaltriad.net

    Global Triad, Inc.
    1420 NW 23rd Ave
    Ft. Lauderdale, FL, 33311