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Global Technologies Group, Inc. Enters Agreement With Advanced Environmental Technologies, LLC.

Posted on: Thursday, 20 August 2009, 07:30 CDT

SARASOTA, Fla., Aug. 20 /PRNewswire-FirstCall/ -- GLOBAL TECHNOLOGIES GROUP, INC. (OTC Bulletin Board: GTGP) has executed an agreement with Advanced Environmental Technologies, LLC. (AET)

"Our agreement with Global allows us to provide Global with expanded, specialized services, and that for our company, a mature technology geared toward environmental cleanup activities such as Global's Molecular Bonding System used to stabilize heavy metals," says Chad Gunter, President of AET. "In our opinion, after testing dozens of products which claimed to remediate heavy metals, we found after exhaustive testing that Gobal's MBS meets all it's claims and is the best product for heavy metals cleanup. We believe Global's and AET'S combined services complement each other and that Global's products and uniquely qualified group members will provide a variety of options for our valued customers. As a result of this agreement, we are currently in discussions regarding potential projects with a large U.S. corporation and other projects in need of both of our capabilities."

"This agreement further enables Global to continue to broaden the reach of its group to include not just heavy metals remediation but all remediation projects in the future," stated James Fallacaro, President of Global. "We believe that AET'S experience and the broad recognition of their exceptional performance in several states on different types of remediation projects, as well as their implementation capabilities and 10 years experience in the field gives our group full capabilities to handle any project which we decide to pursue. We are pleased that we have an agreement as the preferred provider for heavy metals remediation and that AET will be Global's preferred remediation provider."

ABOUT ADVANCED ENVIRONMENTAL TECHNOLOGIES, LLC.

AET is a nationally recognized provider of comprehensive environmental solutions. We are experts at environmental science and engineering with the ability to translate that experience into on-site construction and field logistics.

Established in 1998, AET offers a complete range of environmental services from initial site reconnaissance through site remediation and closure. In today's business climate of increasingly complex environmental issues, regulations, and requirements, as well as increasing public and private sector awareness of environmental issues, AET provides a unique alternative in meeting the diverse environmental service needs of our clients.

AET's staff has practical, hands-on experience treating the full range of environmental contaminants in multiple media. This includes solving problems involving hydrocarbons, solvents, pesticides, toxic metals, asbestos, and other chemicals that may be present in soils, sediments, sludge, groundwater, surface water, and air. AET's streamlined structure supports a proactive project management style to control schedules and costs and provides efficient and equitable service to our clients.

Our Services:

• Full Service Consulting & Engineering
• Environmental Site Assessments
• UST/AST Removals & Closures
• Soil & Groundwater Remediation
• In-House Remedial Construction, Operation & Maintenance
• FDEP State Funded Preapproval Work
• Environmental Insurance Liaison
• Asbestos/Mold Consultation
• Gas Station Compliance
  

For further Information about AET, view the website:

WWW.AETLLC.COM

About Global Technologies Group, Inc.:

Global Technologies Group, Inc. is a company that is in the business of acquiring exclusive licenses on proven new technologies in the environmental and green industries. The criteria for the licensing of the technologies are they must be proven, in use and have an underlying valid patent.

Global utilizes, under exclusive license from Solucorp Industries, the Molecular Bonding System (MBS) technology for Brownfield and Redevelopment sites. MBS renders metal-contaminated soil inert and has passed the United States EPA Multiple Extraction Procedure (MEP) 1,000 year test, showing that the technology permanently stops heavy metals, such as lead, arsenic and cadmium, from leaching into the environment, including rivers, marshes and streams. This system is especially suited for on-site remediation, eliminating the transportation of contaminated soils to off-site locations. The MBS technology is a product of US Patents number 5,898,093 and 5,877,393 issued to Solucorp Industries, our licensor.

The foregoing discussion contains forward-looking statements, which are based on current expectations. Actual results, including the outcome of demonstration results, timing and amount of revenues recognized, contracts awarded and performed and net income may differ due to such factors as: delays in payment on contracts due to dealings with governmental and foreign entities; fluctuations in operating costs associated with changes in project specifications; economic and other conditions affecting the ability of prospective clients to finance projects; and other risks generally affecting the financing of projects. Investors are cautioned to perform a proper due diligence and consult-licensed professionals prior to making an investment decision.

SOURCE Global Technologies Group, Inc.

Source: PR Newswire

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