Global Biotech Corp. announced that on September 3, 2013, Louis Greco resigned as a Director and the President of Global Biotech Corp. Effective September 3, 2013, Louis Pharand was appointed the President and a Director of the Company.

Mr.Pharand's appointment was confirmed at a meeting of the Board of Directors of the Company held on the same day. Mr. Pharand will serve as the President of the company until further notice. Mr. Louis Pharand is currently the president of Purthanol Ltd. and the moving force behind the implementation of the purthanol process, worldwide.

Mr. Pharand has been the presidential pilot for H.E.M. Marc Ravalomanana of Madagascar and has worked alongside the Chief of Staff to the President, as a consultant for foreign delegations and corporations looking to do business in Madagascar and other countries. Mr. Pharand is presently active in the coordination and implementation of several projects, primarily purthanol, through his many contacts in the business world. Effective September 3, 2013, Serge Mersilian was appointed the Director of Communications of the Company.

Mr. Mersilian's appointment was confirmed at a meeting of the Board of Directors of the Company held on the same day. Mr. Mersilian will serve in that capacity until further notice.