SmallCapNewsRelease: (OTC: GTLL) To Market $60,000,000 in Intellectual Property
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.
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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