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Global Biotech Corp.: Wykanta Acquires Asian Distribution Rights for Global Biotech Products

^{Published on 2009-09-14 07:09:42 - Market Wire}
 

WILMINGTON, DELAWARE--(Marketwire - Sept. 11, 2009) - Global Biotech Corp. (OTCBB:GBIQ), a publicly traded company under the symbol GBIQ on the OTCBB, is pleased to announce that Wykanta International Inc. (WII) is acquiring the exclusive Asian distribution rights for all of Global Biotech's product line including its leading product "Aquaboost^TM", an oxygenated water destined to become a leader in the fast growing oxygenated water consumer market. GBC is a Montreal, Quebec based nutraceutical company dedicated to the development of green consumer health products. The Company intends to introduce a new line of natural oxygenated fruit beverages in the near future.

Under the terms of the agreement Wykanta International Inc. will have the exclusive distribution rights for all Global Biotech products for Asia which include such countries as; China, Japan, Korea, Thailand, Indonesia and India. The agreement applies to all of GBC's existing product line as well as any new products that may be introduced in the future. This agreement provides Wykanta with an expanded customer base that it will sell to, in addition to its Adnutrio weight loss line of products. Wykanta views this arrangement with GBC as very promising for its future growth prospects.

About: Wykanta International Inc. is an Orlando, Florida based, Nutraceutical Company with international operational offices located in Chateauguay, Quebec. Wykanta International Inc. is a Nevada incorporated company and, through its wholly owned subsidiary Adnutrio International Inc., sells via its web site [ www.adnutrio.com ] and through retail outlets its line of weight loss products.

About: Global Biotech Corp. is dedicated to investigating and developing Green technology platforms to conserve our natural resources, by curbing the negative impacts of human involvement. Global is positioning its "AquaBoost"^TM product as a top quality oxygenated water due to its unique oxygenation level (up to 100 p.p.m. and greater), ability to retain this level of oxygenation over lengthy periods of time and the purity of the product. The Company is also in the process of developing other naturally oxygenated beverages and fruit juices.

Forward-Looking Statements:

This press release may contain forward-looking statements that involve risks and uncertainties, which may include statements about business strategy and development plans, plans for entering into new business, anticipated sources of funds, including the proceeds from future operations, and plans, objectives, expectations and intentions contained in this Press Release that are not historical facts. When used in this Press Release, the words "expects," "intends," "projects," "plans," "believes," "seeks," "estimates" and similar expressions are generally intended to identify forward-looking statements. Because these forward-looking statements involve risk and uncertainties, actual results could differ materially from those discussed in this Press Release. These risks are outlined in our SEC filings.