Globetech announces new CEO

VANCOUVER, April 18 /CNW/ - Globetech Ventures Corp. (the "Company") (OTCBB: GTVCF), is pleased to announce that Kanwal Sachdeva has been appointed as the Chief Executive Officer ("CEO"). Kanwal has been with the Company for several years as an independent director. He is a practicing acupressurist and a businessman in Vancouver B.C. Casey Forward, both the previous CEO and Chief Financial Officer ("CFO") has consented to remain as CFO.

On behalf of the Board of Directors,

Kanwal Sachdeva

Forward-Looking Statement

This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties.  Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved.  Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in Company filings with U.S. securities regulatory authorities.



SOURCE Globetech Ventures Corp.

For further information:

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