Saturday, September 09, 2006

Global Business Markets Corporate Update

Global Business Markets, Inc. (OTCBB:GBMK) announced today that the Company has recently been negotiating to acquire a lease on a manufacturing facility in Northeast Indiana. The facility is approximately 12,500 square feet and is located on just over 2 acres of land.

The Company has selected Northeast Indiana for locating its manufacturing facility due to the area's available workforce as well as the area's wide variety of available manufacturing facilities. The Company believes that the manufacturing facility being negotiated on would properly accommodate the Company's desired requirements for expansion of operations. The Company is also in negotiations to lease some of the equipment presently in the facility that would enable the Company to manufacture molded guitar cases in addition to the manufacturing of guitars within the facility.

Company management recently attended the Mid-America Woodworking Expo in Columbus, Ohio in order to view and evaluate woodworking equipment manufacturers' most recent innovations. While at the show, Company management placed a purchase order for a CNC router from AXYZ Automation, Inc. The CNC router will enable the Company to ramp up larger scale production of both guitar bodies and necks.

Edward Miers, President/CEO of Global Business Markets, Inc., stated, "I am both enthusiastic and optimistic about the Company's progress towards growth of operations. The new CNC router will enable Global to grow from a smaller scale manufacturer of hand-made guitars to that of a large-scale producer of quality custom guitars."

Miers additionally stated, "Company management is diligently working towards acquiring a proper manufacturing facility, as well as the equipment capable of processing large production runs, that will enable the Company to enter into the mass retail market with a superior quality guitar that the Company can proudly state is Made In America."

About AXYZ Automation, Inc.

AXYZ Automation, Inc. is a leading manufacturer of CNC router tables. For more information about AXYZ Automation, Inc. please visit the Company's website at http://www.axyz.com

About Global Business Markets, Inc.

Global Business Markets, Inc. is a development stage company focusing on design and manufacture of custom handmade and mass-produced electric and acoustic guitars, amplifiers and accessories. For more information, please contact Edward Miers, Chief Executive Officer, 3859 Wekiva Springs Road, Suite 302, Longwood, Florida 32779, phone 260-312-6789. http://www.globalbusinessmarkets.com and additional designs can be viewed on the Greg Reszel website at http://www.gmreszel.com

This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the timing of the availability of the SEDA, the Company's ability to execute its business strategy, the actual receipt of funds from the investment fund, the Company's ability to consummate and complete operations, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors that may be identified from time to time in the Company's public announcements. The Company undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.