Global Technologies Group, Inc. Signs Additional Distribution and Reseller Agreement for the European Union and Canada

Global Technologies Group, Inc. (GTGP.PK) has entered into a second distribution and reseller agreement with MSE Technology Associates, Inc. (MSE-TA.COM). The countries covered by this agreement include the European Union (twenty seven countries) and Canada. This agreement covers all technologies and products that have been developed and manufactured and are being developed by MSE. Global will also act as a purchasing agent for the projects.

MSE has been in business for 35 years and deals mainly with the Department of Energy and Military developing new technologies for specific purposes. MSE was originally formed to test and demonstrate Magneto hydrodynamics (MHD) technology at a new federally owned research site in Butte (the U.S. Department Of Energy Western Environmental Technology Office (WETO). As they completed testing the MHD technology (sponsored by the Department of Energy), MSE successfully shifted into testing, demonstration, and commercial application of waste treatment systems using temperature technologies and advanced chemical, biological, and physical processes. In September 1996, MSE acquired and successfully privatized the WETO facility. The facility is nationally known and a recognized, premier testing site, applying government-sponsored programs and commercial projects in waste treatment, environmental remediation, advanced materials, energy conservation, and other innovative military technology areas. Processes for technology development include bench-scale apparatus, engineering-scale demonstrations and full-scale equipment development. For a complete description of MSE technologies covered under our agreements please visit www.GLBTECH.COM and view MSE.

Additional update: Global is currently negotiating a distribution and reseller agreement with another partner company and is also compiling the necessary information needed to bring the company’s filings into compliance and return to OTCBB listing. Further information covering the status of these two items will be updated.

Global Technologies Group, Inc. (GLOBAL) is a company that is in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries. The criteria for the licensing or distribution agreements of the technologies are: they must be proven, validated and in use. The business plan of Global is to sublicense the technologies it acquires to companies in Countries covered under the original license grants. For our exclusive distribution and reseller agreements, we partner with appropriate representatives in the covered countries for resale of turn key projects.

Global Technologies (CE) (USOTC:GTGP)
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