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Global Realty Development Corp.'s TFM Group and Trifecta Entertainment Signs Jeff Margolis and JM Productions to Direct its New Reality Television Show Series

November 07, 2006 | Press Release

CORAL SPRINGS, Fla. -- (BUSINESS WIRE)-November 7, 2006--Global Realty Development Corp. (OTCBB: GRLY - News), today announced that it's TFM Group in conjunction with Trifecta Entertainment has executed an Agreement with Jeff Margolis and JM Productions www.jmprod.net, to direct its new reality television show series.

Jeff Margolis stated "I'm looking forward to collaborating with TFM and Trifecta on this first-time global reality/variety series in the Latin crossover market."

Hank Cohen, Trifecta CEO and Partner, said "We are very excited that Jeff Margolis has agreed to direct this international reality show. It's an arena in which all of us at Trifecta are quite comfortable, with production of a number of international hit series including 'Stargate SG-1' under our belts."

The television series is expected to be a music based television reality show series and expected to deliver multiple revenue streams, including standard advertising, product placement, text message voting and sponsorship participation.

Doug Warner, President of Global's TFM television stated "We are proud to have Jeff Margolis who is the best and most noted director/producer of Music award shows including the Academy Awards, American Music Awards and scores of others. Our show will be the launch of the first ever "Battle of the Americas" music television reality show. This show will serve as the basis for creating an international competition. Countries will vote for their chosen contestant to win the highly coveted top spot in the group."

About JM Productions and Jeff Margolis
Below is a small sample of selected production credits. Go to www.jmprod.net for more information.

Television
THE 61st - 68th ANNUAL ACADEMY AWARDS - ABC
THE 8th - 27th, 32ND & 33RD ANNUAL AMERICAN MUSIC AWARDS - ABC
THE 5th - 12h ANNUAL SCREEN ACTORS GUILD AWARDS - TNT
THE 39th - 40th ANNUAL ACADEMY OF COUNTRY MUSIC AWARDS - CBS
THE 2006 ALMA AWARDS - ABC
THE 46TH ANNUAL LOS ANGELES COUNTY HOLIDAY CELEBRATION - KCET/PBS
MOTOWN 45 - ABC
THE DISCO BALL??¦A 30 YEAR CELEBRATION - ABC
THE ACADEMY OF COUNTRY MUSIC'S 40TH ANNIVERSARY CELEBRATION
FAME THE SERIES - NBC
IN SEARCH OF THE PARTRIDGE FAMILY SERIES - VH1

About Trifecta Entertainment, LLC.
Formed in 2005 by the top executive team behind a decade of success at MGM Television, Trifecta is an independent multi-media company engaged in the development, production and distribution of a broad range of entertainment properties, as well as in advertiser sales and media sponsorships. Trifecta's partners include Hank Cohen, CEO, Michael J. Daraio, Scott Spungin and Shelley Brown.

About Global Realty Development Corp. - GRD www.grdcorporation.com
GRD is focused on pursuing opportunities in the entertainment and gaming industry, with recent acquisitions of MJD Films and the majority interest in the TFM Group, an International Television, Film and Music partnership. GRD also has four Australian subsidiaries primarily engaged in the acquisition and development of real estate in Australia.

About the TFM Group
GRD's TFM Group is committed to providing the best in all forms of Latin entertainment to the 45 Million Latino consumers in North America, 370 Million in South America and 150 Million in Central America and Puerto Rico. TFM is preparing to stand at the forefront of the Latino consumer market, specializing in all aspects of entertainment, including Television, Film, Music, World Tours, Major Events and Home Video/DVD. The strength of TFM is the result of its highly reputable and continuously growing team. TFM's seasoned management team has had relationships with some of the world's leading entertainment companies and top distribution channels worldwide.

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of GLOBAL officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future GLOBAL actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and GLOBAL has no specific intention to update these statements.


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