Article: Globetech Environmental, Inc. Announces Signing of China Letter of Intent, Logmed Machine Sales Update, 10QSB Filing, BSE/Prion Update.

CALGARY, Alberta -- Globetech (OTCBB:GENV) CEO, D. Sampson is pleased to announce that the Company has signed a Confidentiality Agreement & Letter of Intent with Sumstar Group Corp ("Sumstar") of Beijing China. Sumstar will act as Globetech's exclusive agent for marketing Logmed machines and related technology to the People's Republic of China. The Letter of Intent also contemplates manufacturing Logmed machines in China under a yet-to-be negotiated manufacturing license, and establishing a joint venture company with Sumstar as partner to pursue Logmed project opportunities in China. Sumstar has indicated that the Chinese government will construct 616 medical waste ...

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