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Biosphere Development Corp., a Subsidiary of Global Environmental Energy Corp. (GEECF), Confirms Delivery Schedule for the First System to China

12 October 2005

Global Environmental
Energy Corp. (OTC Bulletin Board: GEECF - Xetra Franfurt: GLI) confirmed today
that its 90% owned subsidiary, Biosphere Development Corp., a Corporation
registered in the Commonwealth of the Bahamas, has incorporated a new company;
the company is called "Biosphere (Asia Pacific) Company Limited."
This new company has been incorporated in Hong Kong in line with the
agreement signed on August 27th 2005 between Biosphere Development Corp., the
Shenzhen Branch of Yankuang Group Co., Ltd., and the Shenzhen Rayes Group Co.
Ltd.
Biosphere (Asia Pacific) Company Limited has been incorporated in Hong
Kong and is owned 49% by the Shenzhen Rayes Group Co., Ltd., and 51% by
Biosphere Development Corp.
Biosphere (Asia Pacific) Company Limited has acquired marketing rights for
the Asia Pacific region from Biosphere Development Corp for its Biosphere
Process(TM) System technology. These licensing rights allow Biosphere (Asia
Pacific) Company Limited to manufacture, market, sell and operate the
Biosphere Process(TM) System in China. Biosphere (Asia Pacific) Company
Limited will collect a licensing fee for its shareholders on each one of the
1,300-projected Biosphere Process(TM) System's to be manufactured and sold in
China. This licensing fee is initially set at USD$50,000 per Biosphere
Process(TM) System.
Biosphere (Asia Pacific) Company Limited has purchased from Biosphere
Development Corp., the first Biosphere Process(TM) System to be delivered to
one of its Chinese customers. This System has been sold for USD$8,500,000 and
is scheduled to be shipped to China before the end of October 2005.
Biosphere (Asia Pacific) Company Limited is now in final negotiations with
three Chinese cities for the installation of multiple Biosphere Process
System's. Contracts are expected to be signed within 30 days.
Biosphere Development Corp is scheduled to send a complete technical team
to China in mid October to oversee the initial installation and the
commencement of manufacturing these system's in China.
Biosphere and their partners the Shenzhen Branch of Yankuang Group Co.,
Ltd., and the Shenzhen Rayes Group Co. Ltd., have chosen Shenzhen, Yantai and
Guiling as suitable cities to establish 3 to 5 Biosphere Process System's and
thereafter to establish no less than 30 Biosphere Process System's. This stage
of the program is estimated to generate gross sales in excess of USD$200
million to the Chinese Biosphere consortium. The parties have agreed to
manufacture no less than 1,300 Biosphere Process System's in the PRC within 5
years. This stage of the program is estimated to generate gross sales in
excess of USD$4 billion per annum to the Chinese Biosphere consortium.

About the renewable energy market in China.
The new joint venture will open the Chinese market (a estimated population
of 1,298,847,624 http://www.cia.gov) for Biosphere Development Corp's
Biosphere(TM) Process System's. China, which is already experiencing an
electricity shortfall of 450 million to 550 million kilowatts per annum is set
to quadruple its national economy to USD$6.8 trillion per annum by 2020.
(http://www.freerepublic.com). With Chinese authorities planning to achieve a
target of 10% of electric power generation from renewable energy between 2010
and 2012, many local governments, such as Beijing, Shenzhen, Tianjin, have
enacted local policies to encourage municipal solid waste gasification
projects, like the Biosphere(TM) Process System. Beijing will invest RMB 54
Billion (@USD$6.6 Billion United States Dollars) to develop and encourage
municipal solid waste gasification projects with the cities paying subsidies
to companies involved in municipal solid waste gasification. A further example
of the gravity with which these projects are being undertaken is provided by
the city of Shenzhen in Guangdong province, which plans to build 7 new
municipal solid waste gasification facilities this year (2005) while closing
existing municipal solid waste landfills. Shenzhen's goal for 2005 is to
divert 9,100 tons of municipal solid waste per day away from landfills and
into gasification.
This large venture has been instituted to fulfill an urgent need for waste
disposal and energy generation in China. During the last two decades, the
economy of China has been growing at an annual rate of almost 10%. The total
amount of waste generated has been growing at a similar pace of 8-10%
annually. Currently, every Chinese person produces every year on average 440
kg of solid waste. Using this waste as a fuel source can do much to alleviate
China's growing energy needs while reducing their reliance on fuel oil and
imports. According to a report from the China Power Enterprise Association
periodic blackouts are set to continue in the coming months in south China's
Guangdong Province, east China's Anhui, Jiangsu and Zhejiang provinces and
Shanghai, southwest China's Sichuan Province and Chongqing Municipality and
Northwest China's Gansu, Qinghai and Shaanxi provinces and the Ninxia Hui
Autonomous Region, and north China's Hebei and Shanxi provinces. Eastern China
has shortages of 10 to 15 million kilowatts, southern China is short 5 million
kilowatts, northern China is short 3 million kilowatts, and central China is
short 3 million kilowatts. These shortages affect present industries as well
as new industrial opportunities.

About the Shenzhen Rayes Group Co. Ltd.
The Shenzhen Rayes Group Co. Ltd., also known as China Online, is
registered in Shenzhen and its main business is in developing network
infrastructure and services via China Online (COL). Since 1994, COL has
deployed a large-scale ISP network with national coverage of 105 major cities
in China. COL was approved by MII (Ministry of Information Industry, formerly
Ministry of Post and Telecommunications) in 1997 as a national ISP and related
services provider. COL and China Telecom's 169 national ISP networks have a
strategic alliance since 1998. Shenzhen Rayes Group's registration capital is
RMB 0.19 billion (@USD$23.4 Million United States Dollars) with total asset of
RMB 2 billion (@USD$246.9 Million United States Dollars). Its business ranges
from investment, real-estate development, ISP, to international business. From
1996 to 1998, China Online was China's largest system's integration and
network solutions provider and was an industry leader in providing business-
to-business Internet and software applications, infrastructure applications,
network, and integration applications solutions for Chinese companies, with
emphasis in servicing the manufacturing sector of Southern China. China Online
has operations in 105 large and medium-sized cities throughout China with over
2,000 professionals on staff at its peak period. Key partners and customers of
the Rayes Group include Microsoft and Compaq of the U.S., the Beijing Telecom
Bureau, and the China Industrial Economy Association.

About the Yankuang Group Co., Ltd.
Yankuang Group Co., Ltd., has assets of RMB 22.844 billion
(@USD$2.82 Billion United States Dollars) and more than 50 subsidiaries. The
Yankuang Group is engaged in coal production and sales, coal chemical, civil
engineering, etc. with annual total sales income of RMB 11.258 billion
(@USD$1.39 Billion United States Dollars). The Yankuang Group Co., Ltd.'s
subsidiary Yangzhou Coal Mining Company Limited, has been successfully listed
on the New York Stock exchange, Hong Kong Stock Exchange and Shanghai
Securities Exchange, respectively, in 1998 (Hongkong, Shanghai and New York
Stock Exchange (ADS: YZC).

About Biosphere Development Corp.
As provided for in Biospheres contracts with its Chinese partners this
project is expected to manufacture, market, deploy and participate in the
operation of at least 1,300 of Biosphere Development Corp's., Biosphere
Process(TM) System's in China by 2010 and as per Biosphere's agreements this
project will be financed by Biosphere's Chinese partners together with a
consortium of Chinese banks.
Biosphere Development Corp's unique proprietary technology,
EcoTechnology(TM), supplies energy through an efficient and environmentally
safe process. The Biosphere Process(TM) System, a central part of the
EcoTechnology(TM) system, can safely and efficiently process traditional and
non-traditional waste materials into electricity and other beneficial by-
products. The Biosphere Process(TM) can assist in solving the global waste
problem by converting into clean, green electricity such waste materials as:
municipal solid waste (MSW), agricultural surpluses, agricultural effluents,
forestry wastes, sewage sludge, medical waste, industrial wastes, flared
natural gas, shale oil, sour natural gas, high sulfur oils, waste bilge oil,
waste drilling muds and fluids, and many other traditional and non-traditional
waste materials.

Biosphere Development Corp., was initially formed as a subsidiary of
Global Environmental Energy Corp, (OTC Bulletin Board: GEECF - FWB:LFT).
Biosphere Development Corp., intends to become a fully reporting and
trading company in the near term future.

About Global Environmental Energy Corp.
Global Environmental Energy Corp., is a Corporation registered in the
Commonwealth of the Bahamas and publicly traded on stock markets both in
Germany and the United Sates (the Corporation). Global Environmental Energy
Corp. is becoming a fully integrated energy company whose interests will
include traditional oil and gas and alternative energy sources, environmental
infrastructure and electrical micro-power generation.

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 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.
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, 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. GEECF's
future results may also be impacted by other risk factors listed from time to
time in its SEC filings.

Source: PR Newswire





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