Global Development & Environmental Resources Retains Gary Cannon as New Legal Counsel

Global Development & Environmental Resources, Inc. (OTC: GDVE) announced today that it has retained the legal services of Gary Cannon to represent the Company regarding corporate and regulatory matters. Mr. Cannon will be responsible for overseeing the preparation and submission of the Company's Form 10SB to the Securities and Exchange Commission (SEC) in order for the Company to become a reporting company under the Securities and Exchange Act of 1934, as amended.

Mr. Cannon commented on his role with the company, "I am looking forward to helping Global Development on a number of fronts. I will work diligently with company management to complete the necessary regulatory requirements to bring the company into a fully reporting status. Additionally, we will work to improve communication between the company and both shareholders and regulatory agencies."

Global Development's CEO, Phil Pritchard commented, "I am pleased to bring Gary Cannon on board as our new legal counsel. Gary's expertise in securities law is extensive and his understanding of the issues facing public companies will assist our management team as we continue to grow our business units. Gary will review all information that is publicly released by the company to insure that we are in compliance with the regulatory guidelines set forth by the SEC."

A free investor fact sheet is available at: www.firstcapitalinvestors.com/factsheets/gdve.pdf.

About Global Development & Environmental Resources, Inc.

GDVE is an environmental services and land development company. The Company provides turnkey risk assessment, engineering and construction development, environmental and related services to both public and private clients in numerous industries on four continents. GDVE offers integrated services that help clients take an infrastructure project from concept to completion.

'SAFE HARBOR' NOTE:

Certain statements contained herein constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Since such statements involve risks and uncertainties, the actual results and performance of the Company may turn out to be materially different from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made herein; however, readers should carefully review reports or documents the Company files from time to time with the Securities and Exchange Commission.

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