SOURCE: Global Triad, Inc.

March 07, 2006 13:34 ET

Global Triad, Inc. ("OTC -- Pink Sheets GBTD”) First Half of 2006 Corporate Update

FORT LAUDERDALE, FL -- (MARKET WIRE) -- March 7, 2006 --Global Triad, Inc. (OTC: GBTD) a publicly traded company -- Over the Counter

Dear Fellow Shareholders,

We would like to take this opportunity to thank you for your continued support and to give the updated company’s outlook for the first half of 2006. The company has completely restored and increased our operations and infrastructure. All of our operating divisions are generating revenues.

With our move to the Tier-1 facility and all of our previous technology developments, we are poised to deliver the promise of IPTV through our Global TV division. Our IPTV Sports Network portal ( successfully tested its streaming capability by streaming the ABA’s all-star game on February 11, 2006.

Global TV, Inc. has a multiyear agreement, for both production and IPTV broadcast, with the American Basketball Association. At this time, Global TV is in negotiations with several other sports venues for streaming rights.

The Board of Director’s have recently adopted the motion to assign an open Board position to Robert Friskney as a standing member of the Board. Mr. Friskney will continue his duties as President of the Global Wifi Plus division.

The board has directed the Management to look to grow the company’s revenues and increase shareholder value from within as well as through acquisition and or merger. To this end, Global Triad has signed a purchase option to acquire a wireless company with operations in Las Vegas, Nev.


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.

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