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 World Hockey
Association
Corp., a junior hockey league in which Global holds an equity
stake.
Vancouver, December 18, 2006 - World Hockey Association Corp.
(PINKSHEETS: WHKA). Fans from Armstrong to Bellingham were honored
and excited as NHL legends Brad Park and Terry O'Reilly toured the
league this past weekend. This is Park's second visit to many of
the
teams and O'Reilly's first. "It's a way of giving back to the
game.
This is something no other junior league does" said Park in an
interview. "When I was their age, I would have loved to have been
able to talk with an NHL player," O'Reilly said. "This is fun,
it's
an exciting league with a lot of talent", O'Reilly added.
Brad Park's NHL career begun in 1968 with the New York Rangers and
continued on for an amazing 17 years as he played in 1,274 NHL
games
(1,274 gp, 248 goals, 773 assists, 1,021 points and 1,646 PIMs).
Terry O'Reilly's playing career begun in 1971 and concluded in
1985
as he played all 14 seasons with the Boston Bruins (999 gp, 229
goals, 444 assists, 673 points, and 2,430 PIMs). Following his
playing career O'Reilly became the Head Coach of the Boston Bruins
from 1986-1989 highlighted by a trip to the Stanley Cup Finals
during
the 87'- 88' campaign. Park and O'Reilly were teammates in Boston
from 1975 to 1983.
This is Park's second trip to Bellingham as he visited with the
Bulls
and assisted Head Coach Dennis Sobchuk during practice. "I had a
great time here last time I visited and really enjoyed the
opportunity to run practice with Dennis. The team he has formed is
one of the most exciting and energetic teams in the league" Park
says.
"We couldn't be happier to have the support of two NHL legends
like
Brad Park and Terry O'Reilly. It just goes to show what an
exciting
league we're all a part of. These two gentlemen could be doing any
number of other things, but they've decided to take an active roll
in
supporting the WHA Junior Hockey League". John Ayre, Director of
Business Operations says.
About World Hockey Association Corp.
The WHA created the WHA Junior West Hockey League to promote the
sport of hockey. The Junior West Hockey League is an alternative,
community based league for highly skilled junior players, and is
designed to promote high standards of sportsmanship in hockey. The
Company's mission is to provide a financially sound economic model
that is responsible to WHA investors, coaches and staff, and the
junior hockey players participating on each team. World Hockey
Association trades on the OTC Pink Sheets under the symbol
WHKA.PK.
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.
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
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