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GBMR ... NEWS!! 3rd release in the past week. 3 times a charm? Should be!!

Press Release Source: Global Matrechs, Inc.


Global Matrechs, Inc. Signs Agreement to Provide NuCap(TM) Product to T.E.A.M. Concepts Engineering to Contain Nuclear and Chemical Contamination
Tuesday September 12, 8:00 am ET


RIDGEFIELD, CT--(MARKET WIRE)--Sep 12, 2006 -- Global Matrechs, Inc. (OTC BB:GBMR.OB - News), a provider of advanced materials for nuclear and hazardous waste containment and high-performance, nontoxic polyurethanes, announced today that it has signed a non-exclusive agreement to provide its lead product NuCap(TM) to T.E.A.M. Concepts Engineering, LLC, an alliance of engineers and applicators working with the U.S. Department of Energy to solve nuclear and chemical contamination problems.
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NuCap(TM) is a family of advanced silicone polymer coatings and sealants that provide superior containment of hazardous wastes and are easily customized to different application requirements and constraints.

T.E.A.M. Concepts Engineering specializes in decommissioning and demolition (D&D), providing turnkey solutions that encapsulate, stabilize, control and package waste for permanent containment or transportation. Owned and operated by minority and women veterans formerly of the Rocky Flats Environmental Technology Site in Colorado, T.E.A.M. has contracts with numerous DOE sites involved with government weapons and energy programs, including the Oak Ridge National Laboratory in Tennessee and the Mound nuclear site in Miamisburg, Ohio.

Michael Sheppard, CEO of Global Matrechs, said, "We are very pleased to have this agreement with T.E.A.M. Concepts Engineering. Their engineers are constantly seeking the newest, most effective and safe technologies to contain nuclear and chemical wastes. Our NuCap(TM) product fits extremely well with their needs. It is highly resistant to radiation and corrosion and can be easily adapted to a wide range of applications. T.E.AM.'s work will demonstrate NuCap(TM)'s high-performance capabilities and flexibility at major government cleanup sites like Oak Ridge and Miamisburg. We believe their work will help make NuCap(TM) the new standard for waste containment."

About Global Matrechs

Global Matrechs (OTC BB:GBMR.OB - News) operates a licensed technologies business. Through its licensed technologies business, Global Matrechs seeks to convert the licenses it has acquired in emerging technologies in the nuclear energy, environmental and chemical industries into manufactured products primarily through sub-licenses of those technologies to manufacturers. For more information, please visit www.globalmatrechs.com.

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings."

Consulting For Strategic Growth1, Ltd. ("CFSG1") provides Global Matrechs with consulting, business advisory, investor relations, public relations and corporate development services. Independent of CFSG1's receipt of cash compensation from Global Matrechs, CFSG1 may choose to purchase the company's common stock and thereafter liquidate those securities at any time it deems appropriate to do so.



Contact:
CONTACTS:

Michael Sheppard
Chairman, CEO
Tel: [phone]
Fax: [phone]
Email Contact
http://www.globalmatrechs.com

Stanley Wunderlich, CEO
Dan Stepanek, Media
Consulting for Strategic Growth I
Tel: [phone]
Fax: [phone]
Email Contact
Email Contact
http://www.cfsg1.com



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Source: Global Matrechs, Inc.