VANCOUVER, BC -- (MARKET WIRE) -- 12/18/06 --

Vancouver, December 18, 2006 - Global Developments, Inc. (PINKSHEETS: GBDP), a publicly traded venture capital company, is pleased to provide the following update with respect to Helixus Productions, a movie production company with which Global has a feature documentary joint venture.

Helixus Productions has completed an extensive round of interviews through Southern California to complement its first round of interviews conducted throughout mainland Europe (Cannes, Amsterdam, Hamburg, and Ibiza) and United Kingdom (London and Liverpoole). Over 40 interviews have been conducted to date for their production of "The Psychedelic Revolution", a 100-minute feature documentary and mini-series which explores the origin, flowering and long-term influence of psychedelia, a subculture that in the 1960s achieved a mass influence. Through interviews with many of its key innovators, the feature will show how revolutionary new art forms were created as an expression of the counterculture and utilized as a tool for tearing down the existing establishment. The documentary is a serious investigation of the phenomenon and long-term impact of this cultural shift. The film features interviews with many of the key innovators, as well as music, period stock footage and current footage of locations of many of the events covered in the film and psychedelic images as transitions.

The film is being produced by Karl Ferris, who is recognized as the innovator of psychedelic photography. A photographer to the "British Rock Elite", Ferris was invited to create their images, costumes, look, and album covers, which he achieved, as the personal photographer to Jimi Hendrix, Eric Clapton, Donovan, Graham Nash, and the Hollies.

Karl Ferris met Jimi Hendrix in 1967, and after showing him his photography, Hendrix remarked to him: "You are doing with photography, what I'm doing with music, going far out beyond the limits". Hendrix then asked Ferris to be his photographer and to re-shoot the UK version of the album Are You Experienced. rl began creating a new look for Jimi Hendrix and his bandmates, carefully designing their clothing, hairstyle, and appearance. He created the famous photograph used for Jimi's first US record album cover, which he also designed. His images appeared on all three US Album covers released during Hendrix's life, Are You Experienced, Axis: Bold as Love, and Electric Ladyland. Karl also created the album cover images for four of Donovan's albums, The Hollies' Evolution, and many others. He was also instrumental in creating their look for the shoots, which then became their recognized public image. During the years 1967-69, Karl Ferris was one of the preferred photographers to the British Rock elite, shooting many photos, as well as designing concert posters and album covers. Ferris also created a stage light show for Pink Floyd, which is believed to be the first ever stage light show in England in 1966.

The following is a list of the current interviewees that have participated in the documentary to date:

Alan Aldridge (graphic designer; editor, Beatles Illustrated Lyrics)
Birgitta Bjerke (fashion designer)
Patti Boyd (60s model; wife of George Harrison & Eric Clapton)
Jim Byrnes (Juno award winning musician; Genie nominated actor; Highlander)
Peter Coyote (actor; 60s political activist The Diggers; San Francisco Mime
Troupe)
John Densmore (drummer, The Doors)
Pamela Des Barres (LA member of Zappa's GTOs; authour 'I'm With the Band')
Keith Emerson (musician The Nice; Emerson, Lake & Palmer)
Karl Ferris (photographer - Hendrix 'Are You Experienced'; Donovan; The
Hollies)
Wavy Gravy (Master of Ceremonies, Woodstock; Hog Farm Commune)
Christoph Grunenberg (Director - Tate Gallery Liverpool; Curator - exhibit
'Summer of Love')
John Van Hamersveld (graphic artist: Beatles 'Magical Mystery Tour',
Rolling Stones 'Exile on Main Street'; Jefferson Airplane; 'Endless
Summer')
Colin Hanton (drummer 'The Quarrymen' - John Lennon's original band)
Simon Hayes (Mayfair Publicity - Hendrix, Cream, The Fool)
George Hunter (musician, The Charlatans; graphic designer Charlatans,
Quicksilver)
Mickey Jones (drummer, Bob Dylan's electric 1966 World Tour)
Alton Kelly (The Family Dog; poster designer Grateful Dead, Wings, Rolling
Stones)
Astrid Kirchherr (Hamburg photographer of Beatles; creator of 'moptop')
Marijke Koger (graphic designer; The Fool; wardrobe stylist for Beatles)
Paul Krassner (co-founder The Yippies; witness Chicago 7 Trial; publisher
'The Realist')
Gerard Mankowitz (photographer - Rolling Stones 'Between the Buttons';
Hendrix)
Charlotte Martin (60s model; girlfriend of Jimmy Page & Eric Clapton)
Bob Masse (60s poster designer - Grateful Dead, Jefferson Airplane, Doors,
Steve Miller)
Craig McCaw (60s band The Poppy Family; contemporary Laser Light Shows)
Dennis McNally (author; publicist, The Grateful Dead)
Philippe Mora (60s Australian/London filmmaker/painter; Beatles Illustrated
Lyrics)
Stanley Mouse (poster/album cover designer: Grateful Dead, Jefferson
Airplane)
Rocket Norton (musician The Seeds of Time; Prism)
Simon Posthuma (The Fool - designer of Beatles' Apple Boutique; inside
sleeve 'Sgt. Pepper")
RAIN (leading Beatles tribute band)
Peter Rawley (60s London Agent)
Bob Rock (The Payolas; producer Metallica & Motley Crue)
Rock Scully (original manager The Grateful Dead)
Bob Seidemann (photographer & graphic designer Blind faith, Grateful Dead,
Janis Joplin)
Bobby Taylor (60s band 'Bobby Taylor & the Vancouvers', featuring Tommy
Chong and Jimi Hendrix; discovered Jackson 5 & Michael Jackson)
Fred Turner (Professor Stanford University, 'From Counter Culture to Cyber
Culture')
Rita Tushingham (actress - 'The Knack and How to Get It'; 'Smashing Time')
Klaus Voormann (artist - Beatles' album cover 'Revolver'; musician Mannfred
Mann)
Bill Wheeler (Wheeler Ranch Commune)
Bob Whitaker (photographer - The Beatles' 'Butcher Cover', Cream's
'Disraeli Gears')
Herbie Worthington (album cover photographer: Fleetwood Mac 'Rumours')

The film is currently on schedule for release in Summer 2007.

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
ldean@globaldevelopmentsinc.com

Source: GLOBAL DEVELOPMENTS, INC.

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