Science & Technology
Science and Technology
Science and Technology 
Tue, July 6, 2010
Global Technology Licenses Rights for $15,000,000: Portfolio Asset Valuation Increases
LONDON--(Marketwire - July 6, 2010) - Global Technologies, Ltd. (
The License affords WWD the rights to develop and distribute selected wind turbine blade designs and integrated wind power solutions exclusively for the Euromarkets. The Company will work closely with WDD through all phases of the Innovation Development & Demonstration (ID2) Matrix.
The Company anticipates further income generating Licensing arrangements to evolve from the its recent acquisition of core Wind Turbine Intellectual Property (IP) Assets as part of the Joint Development Agreement with Creative Laboratory Enterprises (CLE), a private Intellectual Property (IP) and Technology Holding company.
This Licensing Agreement has substantially increased the market value of the Company's core Intellectual Property (IP) Assets and established a strong and growing asset base of clean energy producing assets with strong recurring profits and income; and have enabled the Company to further the Company's expansion and business strategy for 2010; to aggressively acquire, develop, license and expand new technologies and operations as part of its enhanced business plan and strategic operational focus.
The Company has moved quickly to increase the market value of the asset value and advance the income projections of the $15,000,000 acquisitions of its initial fifteen (15) Intellectual Property (IP) Assets acquired from CLE's extensive IP holdings, through an equity-building issuance of Preferred Stock that created no debt for the Company
Development Projects have now been launched for all of the first nine (9) core Wind Turbine Blade Design technologies and the Company will continue to provide updates as these projects progress though the stages of its pioneering Innovation Development & Demonstration (ID2) Matrix. The Company has further licensing agreements and development projects to emerge from these core assets as the analysis and prioritization process continues.
These transactions and development advancements are the first in a series of IP acquisitions and development projects planned as a result of the Joint Development Agreement with Creative Laboratory Enterprises (CLE), a private Intellectual Property (IP) and Technology Holding company, completed earlier this year and substantially expands its core Small Wind technologies and adds impetus to its recently announced Innovation Development & Demonstration (ID2) Partnership.
By acquiring and funding novel early stage research, the Company will leverage its technical and financial resources for the benefit of the inventors, stakeholders and the innovation marketplace.
GTL invites professional third party collaboration with public, private and institutional partners across all phases of the development cycle. The Company accepts submissions from both inventors and joint venture development partners; and will be actively seeking collaboration from all sectors in advancing its Wind Turbine Blade Designs and Axis Turbines Application Designs and Engineering. The details of the specific projects will be posted and regularly updated on Projects (PRj) portal @ [ www.GlobalTechnologiesLtd.com ]
Through its pioneering Innovation Development & Demonstration (ID2) Partnership, GTL focuses on the acquisition and development of nascent innovations, inventions and Intellectual Property (IP). Of key interest to the Company are operations and technology holdings in the sustainable energy and environmental sectors.
The Company builds revenues and asset value through a model of continuous growth, income from or sale of its portfolio holdings, joint development agreements and technology licensing or distribution agreements.
About Global Technologies, Ltd.
GLOBAL TECHNOLOGIES (GTL) is a technology portfolio company that acquires nascent technology and related innovations, inventions and IP assets to enhance their growth and development. The company builds revenues and asset value through a model of continuous growth, income from or sale of its portfolio holdings, and technology licensing or distribution agreements.
GTL invests primarily in innovative and promising clean/renewable energy or bio-tech technologies that have reached the stage in the critical Technology Development & Demonstration phase of the Innovative Cycle, which includes Prototype, Demonstration and Market Analysis.
Safe-Harbor
This release contains statements or projections regarding future performance that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's filings contain various RISK FACTORS (and are incorporated on the Company's website "Investors" section by reference) and should be read before any investment decision.