GlobalTech Corporation Acquires Exclusive Worldwide License to CricksLab Core Engine Software for Development for Use in Bat-and-Ball Sports

/EIN News/ -- RENO, Nev., April 11, 2025 (GLOBE NEWSWIRE) -- GlobalTech Corporation (GTC, OTC:GTLK) (“GlobalTech”), a leading U.S.-based technology investment holding company, announces that it has acquired an exclusive global licensing agreement with CricksLab, a premiere Cricket match and league software solution, to develop similar solutions for other bat-and-ball sports, including baseball and softball for international use.

Dan Green, GlobalTech CEO commented, "This is a unique opportunity for us to expand our technology services and products platform by expanding into the sports vertical. We believe that CricksLab’s technology provides new avenues to drive value creation through the development of similar products in other bat-and-ball sports. Baseball and softball are important sports internationally, from the United States to Latin America, to Japan and Australia, and we believe that developing CricksLab’s Core Engine -- whether to follow professional sports or help to organize leagues – offers potential improvements in the way enthusiasts enjoy their game.”

The license was obtained through an all-stock transaction that closed on April 7, 2025. Additional information regarding the transaction is included in the Current Report on Form 8-K filed today by GlobalTech with the Securities and Exchange Commission.

About GlobalTech Corporation
GlobalTech Corporation, headquartered in the USA, is a technology investment holding company that aims to provide growth capital and technological innovation to sectors such as AI, Big Data, and telecommunications. GTC partners with global companies to deliver innovative solutions that transform industries.

For more information, visit: www.globaltechcorporation.com.

FORWARD-LOOKING STATEMENTS

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Other important factors that may cause actual results and outcomes to differ materially from those contained in the forward-looking statements included in this communication are described in GlobalTech’s publicly filed reports, including, but not limited to, GlobalTech’s Annual Report on Form 10-K for the year ended December 31, 2024, and future Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. These reports are available at www.sec.gov. GlobalTech cautions that the foregoing list of important factors is not complete. All subsequent written and oral forward-looking statements attributable to GlobalTech or any person acting on behalf of GlobalTech are expressly qualified in their entirety by the cautionary statements referenced above. Other unknown or unpredictable factors also could have material adverse effects on GlobalTech’s future results. The forward-looking statements included in this press release are made only as of the date hereof. GlobalTech cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, GlobalTech undertakes no obligation to update these statements after the date of this release, except as required by law, and takes no obligation to update or correct information prepared by third parties that are not paid for by GlobalTech. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Contact:
CORE IR
Louie Toma
516 222 2560