Global Development & Environmental Resources Releases New Website and
Updates Shareholders on Recent Developments


LAS VEGAS, NV -- (MARKET WIRE) -- 02/10/06 -- Global Development &
Environmental Resources, Inc. (OTC: GDVE) announced today that the
Company has released its new website at http://www.gderinc.com. The
new website allows visitors to view current information on the company
as well as detailed descriptions of the company's diversified areas of
business operations.


Phil Pritchard, CEO of Global Development & Environmental Resources,
commented on the site, "I am pleased to finally be in a position to
release our new website to our clients, suppliers and shareholders.
Our website is yet another avenue to communicate with the company and
to stay abreast of current events that are impacting our company, our
industry and our world."


Mr. Pritchard continued, "Although we have not been in a position to
communicate our progress over the past few months as effectively as I
would have preferred, we have nonetheless continued to accelerate our
business development plans. As we recently reported, we have retained
Mr. Gary Cannon as our new legal counsel. Mr. Cannon will help prepare
and submit the necessary regulatory requirements for our company to
achieve reporting status. Once fully reporting to the SEC, it is our
goal to move the trading of our stock to a senior exchange, such as
the American Stock Exchange or the NASDAQ Capital Markets Exchange. In
preparation to becoming a reporting company and to begin the process
of developing a Board of Directors that will be in compliance with
regulatory requirements, Mr. Gary Stanco has joined our Board of
Directors. Information on Mr. Stanco is available on the new website."


Mr. Pritchard concluded with, "In addition to our efforts to become a
reporting company, we have also made progress throughout our
operational platforms. Although I will not discuss individual projects
in this communication, in the future, we will use public
communications, such as news releases, as well as our website to keep
investors informed of developments as they occur."


Information on Global Development and Environmental Resources can be
found at www.gderinc.com. A free, downloadable Investor Fact sheet is
available at First Capital Investors website at
www.firstcapitalinvestors.com/factsheets/gdve.pdf.


"SAFE HARBOR"


This press release contains forward-looking statements. The words
"estimate," "possible" and "seeking" and similar expressions identify
forward-looking statements, which speak only as to the date the
statement was made. The company undertakes no obligation to publicly
update or revise any forward-looking statements, whether because of
new information, future events, or otherwise. Forward-looking
statements are inherently subject to risks and uncertainties, some of
which cannot be predicted, or quantified. Future events and actual
results could differ materially from those set forth in, contemplated
by, or underlying the forward-looking statements. The risks and
uncertainties to which forward-looking statements are subject include,
but are not limited to, the effect of government regulation,
competition and other material risks.