GLOBAL INVESTMENT UPDATE: Viva International Plans to Merge Caribbean Subsidiaries With U.S.-Based Transportation Company

Vancouver, February 13, 2007 - Global Developments, Inc. (PINKSHEETS: GDVM), a publicly traded venture capital company, is pleased to provide the following update with respect to Viva International Inc., an airline development and aviation supply company, in which Global holds an equity stake. TRAVERSE CITY, MI--(MARKET WIRE)--Feb 12, 2007 -- Viva International, Inc. (Viva) (OTC BB:VIVI.OB - News) announced this morning that it has issued a letter of intent to Transportation Associates, Inc. (TA) that proposes merging Eastern Caribbean Airlines Corporation (ECA) and Viva's 49% in Viva Air Dominicana S.A. (VAD) with TA. The contemplated merger would then been subsequently spun-out to the shareholders of Viva. Transportation Associates, Inc. is a holding company specializing in the acquisition and management of trucking companies. Transportation Associates, Inc. has previously estimated the annual revenues of its subsidiaries to be in a range of $15-20 million. Under the plan, ECA will issue 1 million shares of Series A Convertible Preferred Stock to TA in exchange for all of the Capital Stock owned by its shareholders. The preferred stock will be convertible after 12 months at the rate of 1 share of Series A for twenty shares of common stock of ECA. As additional consideration under the merger and subsequent spin-off, $1.5 million of liabilities (Viva and subsidiaries) will be absorbed or assigned to the new merger (ECA and subsidiaries). Upon the effective date of the spin-off, Viva will issue, as a dividend to its shareholders, 100% of the common stock of ECA issued and outstanding at the time of the spin-off, on a pro rata basis. The exact number of shares will be determined at the mutual agreement of the parties prior to the spin-off, but the parties contemplate that a total of approximately 5 million shares of ECA will be issued in the spin-off. Accordingly, qualifying shareholders of Viva will receive approximately 1 share of ECA for each 15 shares of Viva that they own at the effective date. Calvin Humphrey, Viva's CEO and Chairman, released the following statement: "The need for Viva to plan for the merge of our Caribbean subsidiaries and their subsequent spin-offs is necessary for several reasons. Primarily, it is necessary to be able to properly finance the respective operations of the aviation-related businesses and acquisitions that we have planned for Viva while recognizing that it would be easier for our Caribbean-based subsidiaries to be financed as part of a respective merger with an entity such as Transportation Associates. Secondly, as we go forward it is becoming apparent that with the focus of our efforts being toward aviation-related businesses like River Hawk Aviation and Flight Test Associates that our management team does not have sufficient time available to devote to the Caribbean airline subsidiaries. Accordingly, the time to address what is best for both organizations, as well as our shareholders, is now and I believe that our plan provides the opportunity to accomplish this." About Viva International Recently Viva International, Inc. (Viva) agreed to purchase of the assets of River Hawk Aviation, Inc. (River Hawk). Prior to this, Viva was primarily dedicated to the formation and development of airlines along with the acquisition of aviation-related operating businesses and airlines that displayed potential for restructuring into profitable and sustainable aviation-related growth concerns. The Company's primary involvement was with two developmental-stage carriers in regional markets from hubs in Puerto Rico and Santo Domingo, Dominican Republic. Our hub in Puerto Rico was maintained through our subsidiary Eastern Caribbean Airlines Corporation and our hub in the Dominican Republic was maintained by Viva Air Dominicana, S.A. Each of these companies remains as subsidiaries of the Company and are being evaluated to determine the best course of action to return them to active operations. The Company has now expanded its focus to also participate as an aviation parts and components supplier in the broader aviation industry, currently specializing in Saab and other commuter aircraft parts and components as well as providing consulting services, marketing and appraisals to the aviation community. At present, the Company maintains executive offices in Michigan. Please visit http://www.flyviva.com for more information. About Global Developments 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. Please visit http://www.globaldevelopmentsinc.com for more information. Forward-Looking Statements 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 Source: GLOBAL DEVELOPMENTS, INC.