Vancouver, February 13, 2007 - Global Developments, Inc. (PINKSHEETS: GDVM), a publicly traded venture capital company, is pleased to provide the following update with respect to Viva International Inc., an airline development and aviation supply company, in which Global holds an equity stake. TRAVERSE CITY, MI--(MARKET WIRE)--Feb 9, 2007 -- Viva International, Inc. (Viva) (OTC BB:VIVI.OB - News) announced this morning that it is in negotiations for the acquisition of Advanced Energy Products (Advanced) of Furlong, Pennsylvania and has issued a letter of intent to purchase the assets and ongoing business of Advanced in a transaction estimated to approximate $300,000 and which is subject to customary adjustments resulting from an audit and inspection of the assets, books and records of Advanced Energy. In November of 2006, Viva announced that it planned to develop and market a line of Lithium Ion (LI) aviation batteries. LI batteries are currently being used on advanced airframes such as the Lockheed Martin F-22 and General Atomics Predator Drone. Current projections are being made for utilization of LI batteries on the next generation of airliners including the Boeing 777. The benefits of LI batteries are currently being validated in military application and include weight, space and power. Previous internal estimates of first year market potential revenues have been pegged at approximately $12 million. Calvin Humphrey, Viva's CEO and Chairman, issued the following statement, "I am anxious to bring Advanced Energy into our organization of companies. I visualize Advanced providing us with manufacturing capability and 'in place' distribution structures. This will help us immensely is jump starting our lithium battery development program while obtaining a small, but profitable, Company having excess manufacturing capacity. Together with the Flight Test Associates management team of James Paquette and Alex Wolfe we see the acquisition of Advanced as a major part of the lithium battery development program." About Viva International Recently Viva International, Inc. (Viva) agreed to purchase of the assets of River Hawk Aviation, Inc. (River Hawk). Prior to this, Viva was primarily dedicated to the formation and development of airlines along with the acquisition of aviation-related operating businesses and airlines that displayed potential for restructuring into profitable and sustainable aviation-related growth concerns. The Company's primary involvement was with two developmental-stage carriers in regional markets from hubs in Puerto Rico and Santo Domingo, Dominican Republic. Our hub in Puerto Rico was maintained through our subsidiary Eastern Caribbean Airlines Corporation and our hub in the Dominican Republic was maintained by Viva Air Dominicana, S.A. Each of these companies remains as subsidiaries of the Company and are being evaluated to determine the best course of action to return them to active operations. The Company has now expanded its focus to also participate as an aviation parts and components supplier in the broader aviation industry, currently specializing in Saab and other commuter aircraft parts and components as well as providing consulting services, marketing and appraisals to the aviation community. At present, the Company maintains executive offices in Michigan. Please visit http://www.flyviva.com for more information. About Global Developments Global Developments, Inc. is a publicly traded venture capital company. It was formed to create a unique investment vehicle representing a growing portfolio of innovative and emerging growth-oriented companies. Global acquires its portfolio companies either as wholly or partially owned subsidiaries, or as an investment where Global is the lead investor. As a result, Global maintains substantial management and operational control, thereby giving it the ability to provide significant oversight and guidance in building value and creating liquidity events for its shareholders. Global invests in companies with solid management, operational excellence, and the potential to grow substantial revenue streams. Please visit http://www.globaldevelopmentsinc.com for more information. Forward-Looking Statements You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as ``will,'' ``anticipates,'' ``believes,'' ``plans,'' ``goal,'' ``expects,'' ``future,'' ``intends,'' and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Global Developments, Inc. please refer to its Web site at http://www.globaldevelopmentsinc.com. Contact: Global Developments, Inc. Leighton Dean (604) 685-7552 [email protected] Source: GLOBAL DEVELOPMENTS, INC.