SARASOTA, FL -- (Marketwire) -- 07/20/11 -- Global Technologies Group, Inc. (PINKSHEETS: GTGP) Global is pleased to announce that negotiations with the U.S. military through its agent, retired Colonel Sandy Pogue, to infuse the IFS-2c technology for mercury and other metals remediation systems into working power plants located at Forts Hood and Fort Bliss in order to document the cost effectiveness associated with mercury removal from coal burning power plants stacks and reconfirm the remediation of the contaminated ash by-product. The process to integrate the system into the power plants has already been approved by the Council of Colonels at (Fort Hood), and the Army 3rd Core. Final approval is currently in the hands of Forscom Headquarters. Colonel Pouge has already informed us that Preferred Customer listings with all the branches of the Military are being activated and all energy related products and processes will be attributed to Global and its joint venture partner East Morgan Holdings, Inc.
"As one of the many uses for the MBS/IFS-2c technologies Global has been exploring and pursuing, we continue to expand the range of both government and military opportunities available for our technology. This confirmation from the military is another step in executing our business plan," said James Fallacaro, President.
Additional updates for the Navy Contracts, Sawgrass project and the cement plant negotiations discussed in previous press releases will be released in the very near term.
For additional information on MSE, MBS, M2 and EMHI please visit our website at WWW.GLBTECH.COM
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 and for its own use. For our exclusive distribution and reseller agreements, we partner with appropriate representatives in the covered countries for resale of turn key projects.
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James Fallacaro
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