SmallCapNewsRelease: (OTC: GTLL) Signs Multi-Million Dollar Intellectual Property Agreement

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) May 5, 2010 -- JERICHO, NY--(SmallCapNewsRelease)--May 5th, 2010 Global Technologies, Ltd. (OTC: GTLL) announced yesterday that they have signed a comprehensive joint development agreement with Creative Laboratory Enterprises, a private intellectual property.

The holding company currently has a portfolio exceeding $60,000,000 in asset valuation which Global Technologies will prioritize the portfolio based on its current stage and future marketability.

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SmallCapNewsRelease: (OTC: GTLL) Signs Multi-Million Dollar Intellectual Property Agreement

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http://www.globaltechnologiesltd.com

Global Technologies will place each technology in the appropriate stage in their proprietary Innovation Development & Demonstration Matrix (ID2). The ID2 phase of the Innovative Cycle, which includes Prototype, Demonstration and Market Analysis, is the most critical stage in commercializing innovative technologies, processes and/or products and, therefore, requires both engineering and marketing expertise. The Company has assembled experienced cross-functional teams to guide each innovation acquisition, technological adaptation and system integration through the required steps to successful commercialization.

To view the entire press release, please visit http://finance.yahoo.com/news/Global-Technologies-Signs-iw-1288097921.html?x=0&.v=1

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More information can be found online at http://www.globaltechnologiesltd.com

intellectual property     Joint Development     yahoo