Global Matrechs, Inc. Announces Licensing Agreement for Radiation Resistant Technology Targeting Environmental and Nuclear Wast

Global Matrechs, Inc. (OTCBB:GMTH)
http://www.globalmatrechs.com, a company with technologies in the
nuclear, chemical and environmental sectors, reports it has entered
into a licensing agreement with NUCON-RF, Inc.,("NUCON"),
http://www.nucon-rf.com, a US Corporation with executive and
operations offices in Moscow, to market NuCap(TM). The agreement gives
NUCON-RF exclusive distribution in the Former Soviet Union and
non-exclusive rights in the European Union, China and India for
NuCap(TM), a highly radiation- and corrosion-resistant technology.
   NUCON's expertise and focus is technical solutions for high-end
environmental markets in the Former Soviet Union, Europe & Asia. NUCON
has identified markets and demand for the cleaning up of nuclear waste
and other markets for NuCap(TM) including the Chernobyl Shelter. The
strategic alliances of NUCON-RF include ROSENERGOATOM ("ROSATOM"), the
operating utility of all Russia's nuclear power plants and
ATOMSTROYEXPORT ("ASE"). ASE was established by the Ministry of the
Russian Federation for Atomic Energy, to promote the export of
Russian-made products for nuclear power projects abroad.
   Under the terms, Global Matrechs, Inc. retains ownership and
controls the worldwide exclusive proprietary rights to NuCap(TM),
with manufacturing via Dow Corning. NUCON-RF has the sub-license
rights to market, sell and distribute NuCap(TM) into the following
territories; Russian Federation on an exclusive basis, European Union,
China and India on a non-exclusive basis.
   According to CEO Michael Sheppard, "We have been working on this
agreement for 18 months in order to execute delivery of NuCap(TM) into
new foreign markets. We are thrilled to be associated with NUCON-RF
and foresee the market penetration that was expected for the
technology in the Eastern European markets years ago, to finally come
to fruition."
   NuCap(TM) is engineered for use in a wide variety of applications
in low to high level radiation and other environmentally challenging
settings. NuCap(TM) applications range from in-situ stabilization, D &
D, containment and encapsulation to transportation and final storage
and disposal. NuCap(TM) can also assist in resolving the special
challenges faced by operating reactors in nuclear power plants and
research facilities, uranium/thorium and other mining venues, nuclear
medicine and the chemical industry.

   About NUCON_RF http://www.nucon-rf.com/

   (OTC:SFDE.PK) Nucon has the capability to provide product,
technological and engineering support for environmental and
radioactive waste challenges including, compliance, shielding,
transport and storage requirements for a broad range of radioactive
and toxic wastes.

   About Global Matrechs: www.globalmatrechs.com

   Global Matrechs has operated its licensed technologies business
since 2004. 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.

   "Forward-Looking Statements"

   Investors are cautioned that certain statements contained in this
document, as well as other statements in periodic press releases and
some oral statements of Global Matrechs, Inc. officials during
presentations, are "forward-looking" statements within the meaning of
the Private Securities Litigation Reform Act of 1995 (the "Act").
   Forward-looking statements include statements which are predictive
in nature, which depend upon or refer to future events or conditions,
or which include words such as "expects", "anticipates", "intends",
"plans", "believes", "estimates", "hopes," "seeks," or similar
expressions. In addition, any statements concerning future financial
performance (including future revenues, earnings or growth rates),
ongoing business strategies or prospects, and possible future actions,
which may be provided by management, are also forward-looking
statements as defined by the Act.
   Some of the factors that could significantly impact these
forward-looking statements in this press release include, but are not
limited to: insufficient cash flow to continue to fund the development
and marketing of the Company's products and technologies; the failure
of the Company's products and technologies to become commercially
marketable; the loss of key personnel; changes in financial markets
and general economic conditions; and, disputes as to the Company's
intellectual property rights, including the Company's rights to the
technologies that it licenses from Eurotech, Ltd. Forward-looking
statements are based upon current expectations and projections about
future events and are subject to risks, uncertainties, and assumptions
about Global Matrechs, its licenses, products, economic and market
factors and the sectors in which Global Matrechs does business, among
other things. These statements are not guarantees of future
performance and Global Matrechs has no specific intention to update
these statements. More detailed information about those factors is
contained in Global Matrechs's filings with the Securities and
Exchange Commission.