Global Innovative Subsidiary Admitted to China's Energy Management Company Association

Global Innovative Systems Inc. (OTC BB: GBSY) announced today that its wholly owned subsidiary, Tech Team Development (Zhuhai) Limited ("TTZ"), has been admitted as a member of EMCA, China's energy management company association.

EMCA is a non-profit organization whose mandate is to support the growth and proliferation of energy management companies ("EMCs") throughout China, and to introduce, demonstrate and promote the financing concept of energy performance contracting ("EPC"). EMCA supports its member EMCs through training, financial, technical and marketing assistance.

The key element of financial support offered by EMCA is access to the EMC Loan Guarantee Component of the Phase II World Bank / Global Environment Facility China Energy Conservation Project. This is a loan guarantee program geared towards energy savings projects in the commercial and industrial sectors. Through the program, EMCA members can apply to receive guarantees of up to 90% of the value of bank loans they employ to finance energy savings projects.
TTZ completed the membership admission process and was admitted as a member of EMCA on March 28, 2005. The admission process required TTZ to satisfy numerous criteria, including meeting a minimum capital requirement, prior experience and completion of a training program related to the structure and use of EPC, and sponsorship by an EMCA committee member.

"We were pleased with TTZ's success in gaining entry to EMCA, the principal energy savings industry association in China," said Bondy Tan, President and Chief Executive Officer of Global Innovative. "This membership is expected to facilitate TTZ's access to financing for new energy savings projects by tapping into the loan guarantee program and other support services which EMCA provides its members."

EMC Loan Guarantee Component of the Phase II World Bank / Global Environment Facility China Energy Conservation Project was launched in November 2003, and is slated to operate until November 2010. Funding for the project is provided by the World Bank / Global Environment Facility, and the program is administered by the China National Investment and Guaranty Co. The fund expects to support at least US$250 million of loan guarantees over the life of the program, and its loan guarantee target for 2005 is US$75 million.

About Global Innovative Global Innovative Systems Inc. (OTC BB: GBSY) delivers total energy management solutions. Since 1999, over 100 commercial, industrial, government and multi-residential clients have benefited from Global Innovative's solutions. From energy audits, to customized design, supply of leading-edge products and technical consultancy, Global Innovative delivers solutions which optimize energy consumption, lower costs and enhance competitiveness for clients. Global Innovative operates through wholly owned subsidiary Tech Team Holdings Limited. Our headquarters are in Hong Kong, and we have offices in Singapore, China, Macau, Canada and the United States.
Safe Harbor Provision

The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor" for forward-looking statements. This Press Release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are identified by their use of terms and phrases such as "believe," "expect," "plan," "anticipate" and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from Global Innovative's expectations, and Global Innovative expressly does not undertake any duty to update forward-looking statements. These factors include, but are not limited to, TTZ's ability to successfully complete application processes and receive approval for loan guarantees under the EMC Loan Guarantee Component of the Phase II World Bank / Global Environment Facility China Energy Conservation Project; TTZ's ability to secure underlying bank loans for energy savings projects upon which the potential loan guarantees are applicable; and TTZ's ability to meet the criteria for continuing membership in EMCA; and other factors which may cause the actual results, performance or achievements of the Global Innovative to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Information concerning potential factors that could affect Global Innovative is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.

Distributed by Filing Services Canada and retransmitted by Market Wire

Source: Marketwire (April 29, 2005 - 2:01 PM EDT)

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