Global Developments, Inc.: Global Developments Announces Appointment to Advisory Board
Global Developments Announces Appointment to Advisory Board VANCOUVER, BC — (MARKET WIRE) — November 16, 2006 — Global Developments, Inc.(PINKSHEETS: GBDP), a publicly traded venture capital company, ispleased to announce the appointment of Robert Eide to the AdvisoryBoard.
Robert Eide has been the Chairman and Chief Executive Officer ofAegis Capital
Corp., a broker-dealer member firm of the NASD, since1984. Mr. Eide also serves on the Board of Directors ofLadenburg-Thalmann Financial Services Inc. - LTS (ASE), afull-service broker-dealer which is traded on the American StockExchange.
Mr. Eide also serves as a Director of two other publicly tradedcompanies, Vector Group Ltd. - VGR (NYSE), engaged primarily in thebusiness of cigarette manufacturing, residential real estatebrokerage and real estate owned properties and is listed on the NewYork Stock Exchange, and Nathan’s Famous Inc. - NATH (OTC) aNASDAQ-listed restaurant chain and franchisor.
Since 1978, Robert Eide has been a member of the New York State Barand holds a Master of Laws in Taxation.
“We are very privileged to have Robert Eide serve on our AdvisoryBoard. When someone with Robert’s caliber is willing to serve as anadvisor, it is a strong endorsement of our corporate culture and longterm strategy of building shareholder value,” said John Briner,President and CEO of Global Developments.
About Global Developments, Inc.
Global Developments, Inc. is a publicly traded venture capitalcompany. It was formed to create a unique investment vehiclerepresenting a growing portfolio of innovative and emerginggrowth-oriented companies. Global acquires its portfolio companieseither as wholly or partially owned subsidiaries, or as an investmentwhere Global is the lead investor. As a result, Global maintainssubstantial management control, thereby giving it the ability toprovide significant oversight and guidance in building value andcreating liquidity events for its shareholders. Global invests incompanies with solid management, operational excellence, and thepotential to grow substantial revenue streams.Please visit http://www.globaldevelopmentsinc.com for moreinformation.
Forward-Looking Statements
You should not place undue reliance on forward-looking statements inthis press release. This press release contains forward-lookingstatements that involve risks and uncertainties. Words such as”will,” “anticipates,” “believes,” “plans,” “goal,”"expects,” “future,” “intends,” and similar expressions areused to identify these forward-looking statements. Actual resultscould differ materially from those anticipated in theseforward-looking statements for many reasons, including the risks weface as described in this press release. For further informationabout Global Developments, Inc. please refer to its Web site athttp://www.globaldevelopmentsinc.com.
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