SOURCE: Global Realty Development Corporation

February 27, 2007 11:48 ET

TFM Group Announces "Battle of the Americas"

"Battle of the Americas" Produced and Directed by Jeff Margolis Spans North, South, Latin America and the Caribbean in Hopes to Find the Newest Member of Los Ultimos Heroes

CORAL SPRINGS, FL -- (MARKET WIRE) -- February 27, 2007 -- TFM Group, a subsidiary of Global Realty Development Corporation, (GRD) (OTCBB: GRLY) today announced the newest music reality show to span two continents - the "Battle Of The Americas."

"Los Ultimos Heroes" will search for their one final member. The audition process, which begins in June 2007 goes from the United States (Los Angeles, Phoenix, San Antonio, Miami, New York and Chicago), to the Caribbean (Puerto Rico), to Latin America (Mexico and Columbia), and all the way to South America (Brazil, Chile and Argentina).

Forty six contestants from around the globe will come together in Orlando, Florida, to be reduced to the final twelve and compete for world stardom and the number one spot in Los Ultimos Heroes. The series will launch from Orlando, Florida and broadcast across the Americas. Viewer and live audience interactive voting from each participating country will create a fierce showdown and a true world cup style music reality show.

"With the success of both 'American Idol' and 'Rockstar' - 'Battle of the Americas' will bring entertainment to the next level," said Roy Sciacca, President of TMF Group. "By taking the show into one of the most powerful markets on earth, the Latin market, and then giving the audience in over a dozen countries a chance to participate, we are truly building a music reality show on steroids."

The newest music reality show will garner the glitz and glamour of the Oscars from Jeff Margolis, worldwide series producer and director of the "Battle of the Americas", who has directed the Academy Awards, Golden Globes, Grammy's and American Music Awards. In addition, Hank Cohen who stands at the helm of production company Trifecta Entertainment brings over 20 years of television experience to the project.

About TFM Group

TFM Group is committed to providing the best in all forms of television, film and music. TFM is initially focused on Latin crossover entertainment to the 45 Million Latino consumers in North America, 370 Million in South America and 150 Million in Central America and Puerto Rico. TFM is preparing to stand at the forefront of the Latino consumer market, specializing in all aspects of entertainment, including Television, Film, Music, World Tours, Major Events and Home Video/DVD. The strength of TFM is the result of its highly reputable and continuously growing management team. The knowledge and experience that each team member brings consistently supports the growing success of each division at TFM. In addition, TFM's seasoned management team forms relationships with some of the world's leading entertainment companies and top distribution channels worldwide.

About Global Realty Development Corp.

Global Realty Development Corp. (OTCBB: GRLY) is an international land development company operating through various real estate development subsidiaries. Global acquired MJD Films and the majority interest in the TFM Group and is focused on pursuing opportunities in the entertainment and gaming industry. For further information about Global Realty Development Corp, please visit http://www.grdcorporation.com

Safe Harbor Statement Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of GLOBAL officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future GLOBAL actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and GLOBAL has no specific intention to update these statements.

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