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Global Environmental Energy Corp. Subsidiary Sahara Petroleum Exploration Corp. Executes Confidentiality and Non-Circumvention Agreement with Vetra Group AVV.


NASSAU, Bahamas For other uses of "Nassau", see Nassau (disambiguation).
Nassau is the capital city and commercial center of the Commonwealth of the Bahamas. The city has a population of 210,832 (2000 census), nearly 70 percent of the entire population of the Bahamas (303,611).
 -- Global Environmental Energy Corp. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:GEEC GEEC Groupe Etude de l'Épaule et du Coude )(FWB (Fixed Wireless Broadband) See fixed wireless. :LFT LFT left frontotransverse (position of the fetus).
LFT Liver function tests, see there
) today announced that it is filing an 8K with the securities and Exchange Commission confirming that Sahara Petroleum Exploration Corp., had exchanged a signed Letter of Confidentiality and Non-Circumvention with Vetra Group AVV AVV Adviesdienst Verkeer en Vervoer
AVV Augsburger Verkehrsverbund (German)
AVV Aachener Verkehrsverbund GmbH (German)
AVV Aruba Exempt Company
 ("VETRA") a Corporation organized under the laws of Aruba and offices in Caracas, Venezuela.

About Vetra Group AVV

VETRA was incorporated in 2003 as a private initiative of a group of professionals with proven experience in the national and international Oil & Gas business. In February 2004 "VETRA Colombia" was created in Bogota to attend local businesses. In April 2004, in order to leverage Exploration and Exploitation specialized services worldwide, VETRA signed a strategic alliance with "Tecnicas Reunidas", the most important engineering and construction company in Spain. VETRA and its allied companies have more than 2000 specialized professionals with 20 years average experience in the Oil and Gas Exploration and Production Business, Engineering and Projects

About Sahara Petroleum Exploration Corp.

Sahara Petroleum Exploration Corp. is a subsidiary of Global Environmental Energy Corp. Global Environmental Energy Corp intends to become a fully integrated energy company whose interests will include traditional oil and gas and alternative energy sources, environmental infrastructure and electrical micro-power generation.

It is the intention of Global Environmental Energy Corp that Sahara Petroleum Exploration Corp., will become a fully reporting and trading company in the future if accepted by the SEC and the NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
 for trading. Global Environmental Energy Corp maintains a web site at http://www.globalenvironmentalenergy.com/index.htm

Note to Investors

This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of the 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 created by those sections. The forward-looking information is based upon current information and expectations regarding Global Environmental Energy Corp. These estimates and statements speak only as of the date on which they are made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results could materially differ from what is expressed, implied, or forecasted in such forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
.

Global Environmental Energy Corp. assumes no obligation to update the information contained in this press release. Global Environmental Energy Corp.'s future results may be impacted by risks associated with rapid technological change, new technological developments and implementations, execution issues associated with new technology, manufacturing production to meet demand, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
, media publicity and the negative impact this could have on sales, competition, financial and budgetary constraints of prospects and customers, international order delays, dependence upon limited source suppliers, fluctuations in component pricing, government regulations, dependence upon key employees, and its ability to retain employees. GEEC's future results may also be impacted by other risk factors listed from time to time in its SEC filings, including, but not limited to, the Company's Form 10-QSBs and its Annual Report on Form 10-KSB.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 24, 2005
Words:494
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