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Asian Mobile Marketing Leader Forms Joint Venture

SPOKANE, Wash. May 22, 2012 West Malaysia

MaxCents, organized around its "more savings, more to share," theme will combine discounted offerings from its advertisers along with the opportunity for its community members to contribute to charities of their own choosing.

Southeast Asia Hong Kong

Global MobileTech’s technology is used to create mobile communities of members who participate in permission-based advertising networks and who, in return, receive credits toward free local and international cellular telephone calls and text messaging.  The Company has integrated its ability to serve mobile advertising and ability to seamlessly provide communications services through third party cellular and VoIP (Voice over Internet Protocol) operators.  MaxCents members will also earn reward points when they make purchases through our shopping portal.

"Global MobileTech views this joint venture as an important step in the strengthening of its mobile marketing product offerings," said Mohd Aris Bernawi, the Company’s Chief Executive Officer.  "The joint venture will initially target approximately 3.0 million Malaysians who are involved in the country’s oil palm sector.  Our technology has proven that it is an ideal solution for building mobile marketing based on the common interests of a community."

Hong Kong

"We view the agricultural community as an ideal population to be served by the joint venture," explained Bernawi.  "Although quite affluent, the small plantation owners are spread through rural areas that are not well-served by other alternative communications technology.  There is a also a strong sense of identity and community that we believe will give the joint venture’s advertising partners a superior opportunity to develop successful promotional campaigns using our platform."


Malaysia South East Asia

Safe Harbor Statement:

Information contained in this release includes forward-looking statements and information that is based on beliefs of, and information currently available to, management, as well as estimates and assumptions made by management. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes", "expects", "is expected", "intends", "may", "will", "should", "anticipates", "plans" or the negative thereof. These forward looking statements often include forecasts and projections for future revenue and/or profits and are subject to revision and are not based on audited results. Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to vary materially from historical results or from any future results expressed or implied in such forward-looking statements. Global MobileTech, Inc. does not undertake to update, revise or correct any forward-looking statements. Investors are cautioned that current results are not necessarily indicative of future results, and actual results may differ from projected amounts. For more complete information concerning factors that could affect the Company’s results, reference is made to the Company’s registration statements, reports and other documents filed with the Securities and Exchange Commission. Investors should carefully consider the preceding information before making an investment in the common stock of the Company.

SOURCE Global MobileTech, Inc.

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