Globetech Ventures Corp.
OTC Bulletin Board : GTVCF

Globetech Ventures Corp.

September 30, 2005 16:33 ET

Globetech Announces Change in Personnel

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 30, 2005) - Globetech Ventures Corp. (OTCBB:GTVCF) -

The Company wishes to announce the resignation of Tom Kennedy as President.

ON BEHALF OF THE BOARD

David Stone, Director

Forward-Looking Statement

This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in Company filings with U.S. securities regulatory authorities.


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