Business Centres India Offer Great Growth for Globex Business Centres Inc. in 2011!

April 3, 2011 - PRLog -- Globex Business Centres Inc. (www.globexcentres.com) sees great growth opportunities (in excess of 8% annual growth) for 2011 and 2012 in India for their serviced office space/business centre operations for 2011/2012!

Ms. Lorraine Davidson, Director of Corporate Communications and Investor Relations for Globex stated - "India simply stands out as a market opportunity which is almost unmatched for serviced offices/business centres and our expansion into the key markets of India complements our expansions activities in:  Latin America (with Argentina as our operational hub) and the Middle-East and Africa (with the UAE as our operational  hub)!  We are inching towards the finalization of Master License Agreements to ensure exclusive and long-term representation of the Globex brand of business centres initially in the markets of - Mumbai, New Delhi, Bangalore and Gurgaon.   Our next wave of Master Licensee appointments will address the other key markets of India - Chennai, Bardhaman, Hyderabad, Kolkata, Nagpur, Pune, Ahmedabad and Surat.  To jump-start the launch of the Globex brand of business centres in the massive market of India - we have implemented a two-prong strategy to expansion:  A) the rebranding of existing 5-star independent centres to the Globex brand; and B) the opening of new Globex centres.  We see the expansion in India as an essential component of achieving our strategic mandate of becoming the number two [#2] global brand of serviced offices/business centres in the emerging markets of the Latin America, the Middle-East and Africa, and Asia..  With a population of over 1.1 billion people, a GDP of over $3.5 Trillion USD, an annual economic growth rate of over 7% since 1997, and the urgent need by consumers and office space brokers for an alternative global brand of serviced offices/business centres from which to patronize - the Inida market offers Globex and their exclusive Master Licensees an outstanding opportunity!"

Notes and Media Contacts

With the corporate mandate to establish over 150 Globex branded business centres in the emerging markets of Latin America, the Middle-East, Africa and Asia - more information related to the Globex Master License Program can be secured by contacting the Director of Licensing at licensing@globexcentres.com

For media and investor related inquiries, please contact Ms. Lorraine Davidson, Director of Corporate Communications and Investor Relations at: davidson@globexcentres.com

Globex Business Centres Inc. is a proud corporate donor/contributor to the United Nations Foundation (www.unfoundation.org) via the allocation of up to 10 percent of its annual pre-tax profits to this world class charity.