Global Innovative Launches LED Lighting Joint Venture, Pursues New Sales Opportunities

Global Innovative Systems Inc. (OTC BB: GBSY) announced today that its wholly owned subsidiary, Tech Team Development Limited ("Tech Team"), has formed a joint venture with Luminous LED Technologies ("LLT") to capitalize on the emerging LED lighting market.

Pursuant to a joint venture agreement between Tech Team and LLT, Lightscape Technologies Ltd. ("Lightscape"), the new joint venture company, is owned 50.1% by Tech Team and 49.9% by LLT.
"We are very pleased to form this LED lighting joint venture with LLT," said Bondy Tan, President and Chief Executive Officer of Global Innovative. "LLT brings expertise in the research, design and manufacturing of state-of-the-art LED lighting products and technologies, particularly in the rapidly growing architainment and accent lighting segments. These strengths provide a natural fit with Tech Team's established sales network and connections with major property owners and developers in Greater China, as well as its proven expertise in the design and delivery of customized energy savings solutions."

Continued Mr. Tan, "The strengths and expertise brought by each of LLT and Tech Team complement each other well. We are excited about the Lightscape joint venture and how it immediately enhances our ability to generate new sales revenue within the growing LED lighting segment of the energy savings industry."

Subsequent to the formation of the joint venture, Lightscape has submitted two tender bids. The first bid was for the design, build and 2-year operation of LED lighting systems for the Galaxy StarWorld Hotel and Casino under development in Macau. This bid represents a potential US$5 million estimated contract value for Lightscape. The second bid was for the design and build of LED lighting systems for another casino development underway in Macau, representing a potential US$0.5 million estimated contract value.

Luminous LED Technologies is a Hong Kong-based researcher, developer, manufacturer and distributor of advanced LED lighting products and technologies.

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 and Canada.

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, the ability to successfully obtain contracts with casino development(s) in Macau, and other factors which may cause the actual results, performance or achievements of 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 the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
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Source: Marketwire (January 19, 2006 - 9:00 AM EST)

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