$GTGP http://www.mse-ta.com/news/2012/release_may

$GTGP

http://www.mse-ta.com/news/2012/release_may_7_PR_final.pdf

Global Technologies Group

GLOBAL TECHNOLOGIES GROUP, INC. EXECUTES LETTER OF INTENT FOR ACQUISITION OF 100% EQUITY

OF MSE, INC.

May 7, 2012, Sarasota, Florida.  Global Technologies Group, Inc. Global announces that execution of a

Letter of Intent (L.O.I.) with the Montana Economic Revitalization and Development Institute, Inc.

(MERDI) for the acquisition of 100% of the equity interest of MSE, Inc. and its subsidiaries MSE

Technology Applications, Inc., MSE Infrastructure Services, Inc. and MSE Western Environmental

Services & Technologies, Inc. (collectively referred to “MSE” or the “Companies”) The L.O.I. is the result

of a review of the terms of the acquisition with the board of MERDI regarding this purchase and have led

to the execution of the L.O.I.  Our lawyers and accountants are creating a timetable for the exchange of

documents in order to prepare the purchase contract. The closing date that was set in the L.O.I will be

on or before August 15, 2012. Global Technology Holdings, Inc. is the purchaser.

The centerpiece of this acquisition is the 52 acre Mike Mansfield Advanced Technology Center, a former

Department of Energy facility which houses all of MSE, Inc. subsidiaries and includes labs, engineering,

research and development departments and corporate offices, located in Butte, Montana.

http://www.mse?ta.com/company/companyoverview.html

“We look forward to working with Global Technologies and moving forward to return MSE to a level of

national prominence,” said Jim Kambich, MERDI’s President.  Mr. Kambich continued, “I am working

closely with Northey Tretheway, Chief Operating Officer of MSE.  Together, with the people at MSE and

MERDI, intend to see a successful process and transition that again places MSE in a position to grow

while at the same time benefiting the Butte community.”

“This acquisition is the culmination of a year of discussions, reviews and good faith by both companies

in reaching this point and has been part of Global’s long term plans for our future. As I have stated in the

L.O.I., MSE and all the business of MSE will remain in Butte, Mt. We also will keep the name MSE

Technology Applications, Inc. “

“What we will do:

Have our Sr. advisors review all current management performance to determine what management

positions need to be changed and bring in very talented executives that will be placed in key positions

from outside the company.”

“We will send our technical advisors to MSE within the next few weeks to assess what upgrades are

needed to create a modern state of the art facility.”  Global Technologies Group, Inc.  1304 North Lakeshore Dr. Sarasota, FL 34231

941-685-1616   FAX 941-847-0909 WWW.GLBTECH.COM

“We intend to increase employees three fold over the next six to twelve months after closing and

employ an aggressive marketing campaign globally to bring international awareness to MSE for major

projects and projects which will utilize our technologies covering heavy metal remediation, mercury

removal from cement plants and power plants in several countries including the U.S.”

“We will bid on all government projects as we have the capability to act as a contractor and meet the

requirements for all projects.”

“ I would also like to add that we are looking forward to developing a strong relationship with the

townspeople of Butte both as a company and a contributing factor towards the wellbeing of Butte.”

stated James Fallacaro, President.

MSE currently has multiple clearances with various agencies of the government including the Dept. of

Defense, the Dept. of Energy and individual branches of the military.

Currently, both companies have restrictive Non?Disclosure Agreements in place regarding the

terms of the purchase.

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. Global subsidiary is Global Technology Holdings, Inc.

For information about MSE:  WWW.MSE?TA.COM .

Contact:

JAMES FALLACARO

JIMF@GLBTECH.COM

941-685-1616

WWW.GLBTECH.COM