*************************************************
Company: Global Seafood Technologies Inc.
Symbol: OTCBB : GSFT
Web: http://www.globalsea.com
Contact: Clay Gutierrez
Email: ccsbcg@globalsea.com
Phone: 1-228-435-3632
Prev. Close: $1.85
*************************************************

GLOBAL SEAFOOD TECHNOLOGIES INC.
ENTERS INTO A PARTNERSHIP AGREEMENT
TO SIGNIFICANTLY EXPAND FRESHWATER
SHRIMP PRODUCTION FACILITIES

BILOXI, Miss. --
Aquaculture Corporation of America (ACA), a
subsidiary of GLOBAL SEAFOOD TECHNOLOGIES INC.
(OTC Bulletin Board: GSFT) has entered into
a joint venture agreement with Controlled Environment
Aquaculture, LLC (CEA) to significantly expand
the Company's indoor aquaculture facilities for
raising freshwater shrimp, Clay Gutierrez,
vice president of Global Seafood Technologies
Inc., announced today.

COMPANY HIGHLIGHTS

*** GSFT currently has the largest freshwater shrimp
    hatchery in the United States capable of producing
    up to 10 million juvenile shrimp per month.

*** GSFT successfully grew their first
    commercial crop of giant freshwater shrimp in
    FY 2000.

*** Each new indoor facility is expected to produce up
    to 28,000 pounds of shrimp annually, which is
    equivalent to $70,000 in wholesale revenues,
    for ACA.

Aquaculture is the fastest growing segment of the
agriculture industry and currently provides 25 percent
of the world's seafood. These new indoor facilities will
add to ACA's international shrimp farming output
and will also provide the Company with four grow-out
seasons as opposed to the one or two seasons we are
currently limited to with their outdoor farms.
With these new facilities in place, GSFT
is better positioned to significantly expand
their revenues and profitability during 2001.

GLOBAL SEAFOOD TECHNOLOGIES IS
ONE OF THE LARGEST INDIVIDUAL
QUICK FREEZE (IQF) SHRIMP
PROCESSORS IN THE UNITED STATES.
Its subsidiary, Custom Pack, processes and
packages shrimp for many of the nation's
largest seafood chains and grocery outlets.
The company's Killer Bee Bait subsidiary markets
frozen recreational fishing bait. In addition,
Global Seafood is expanding its aquaculture
activities with freshwater shrimp production.
Visit, www.globalsea.com for more information on
Global Seafood. For investor relations information
call 813-908-8536. For information concerning this
release, contact Clay Gutierrez, 228-435-3632.

*************************************************
Company: Global Seafood Technologies Inc.
Symbol: OTCBB : GSFT
Web: http://www.globalsea.com
Contact: Clay Gutierrez
Email: ccsbcg@globalsea.com
Phone: 1-228-435-3632
Prev. Close: $1.85
*************************************************

This press release contains certain forward-looking statements
within the meaning of the "safe-harbor" provisions of the
Private Securities Litigation Reform Act of 1995.
Forward-looking statements are based on management's current
expectations of beliefs and are subject to a number of factors
and uncertainties that could cause actual results, levels of
activity, performance or achievements to differ materially
from those described.

DISCLAIMER: InvestNewswire was paid a total of one thousand
dollars USD for distribution of this email. The words contained
within this email are those of Global Seafood
Technologies Inc. and not InvestNewswire. InvestNewswire
and its employees and officers do not own stock in Global
Seafood Technologies Inc. This notice shall not constitute
an offer to sell or the solicitation of an offer to buy nor
shall there be any sale of these securities in any state in
which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of
any such state. Please check with your broker or with the company
to determine whether these securities may be purchased or sold
in your state of residence prior to effecting a transaction.

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