New York, NY, March 10, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, today announced that it has signed a non-binding letter of intent (“LOI”) with Wildfire Media Corp. (“Wildfire Media”), a legal marketing company engaged in the business of supporting law firms with client acquisition research, data-driven marketing, media planning and analysis and customer retention services A definitive purchase agreement is expected within 90 days.

Wildfire Media licenses the 1-800-LAW-FIRM brand to a national network of law firms committed to protecting the rights of clients in areas as diverse as consumer protection, environmental hazards, civil rights and criminal defense, among other areas. GTII is expected to acquire a 100% interest in Wildfire Media Corp for a yet-to-be-determined number of common shares of the company, and subject to a review of assets and liabilities, and an audit in accordance with PCAOB. books from Wildfire Media Corp for the calendar years ending December 31, 2021 and December 31, 2020, as well as other mutual due diligence, and a proposed business plan with its related budget in a form sufficient for GTII.

David Reichman, Managing Director of GTII, said “When we see an opportunity to partner with an organization in the area of ​​expanding access to legal advice and assistance, the GTII team will try to act quickly every time. We are delighted to begin the due diligence process with Wildfire Media as they have indicated an understanding of the capacity, knowledge and public access that GTII can provide them to pursue their growth strategy.”

Ari Kreschfounder of Wildfire Media Corp., said, “Combining the significant growth potential of our national brands, like 1-800-LAW-FIRM, with a company that embraces innovative technologies like GTII is a natural next step in the evolution of our Legal Support Organization ( LSO). Our focus on AI-enabled marketing, data and technology solutions, and our scale could allow us to leverage our customer base and the brands that Wildfire Media has established over three decades. We look forward to closing a mutually accretive acquisition and a new future together. »

Founded in 1996, Wildfire Media provides performance-based marketing and technology solutions that allow law firms to focus on what they do best. Wildfire Media is establishing a Legal Support Organization (LSO) so that law firms are equipped to combine advancements in the latest technology with operational best practices, both provided by our LSO.

AAbout Global Tech Industries Group, Inc.: GTII is a publicly traded company incorporated in the State of Nevada, specializing in pursuing the acquisition of new and innovative technologies. Visit GTII here https://gtii-us.com/.

Please follow our company at: www.otcmarkets.com/stock/GTII or at https://gtii-us.com/

Safe Harbor Forward-Looking Statements:
This press release may contain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual results and outcomes to differ materially from those anticipated or expected, including statements relating the amount and timing of expected income related to our financial performance, expected income, distributions and future growth for the upcoming quarterly and annual periods. These risks and uncertainties are further defined in the Company’s filings and reports with the United States Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected or contemplated by forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other things, the Company may not be able to maintain its growth or achieve profitability due to numerous factors, including, but not limited to, the risk that we may not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to the cautionary statements set forth in the Company’s most recent filings with the SEC. We have incurred and will continue to incur significant expenditures in our development phase, noting that there is no guarantee that we will generate enough revenue to offset these costs in the short and long term. New lines of business may expose us to additional legal and regulatory costs and one or more unknown exposures, the impact of which cannot be predicted at this time.

Words such as “estimate”, “project”, “predict”, “will”, “should”, “should”, “could”, “could”, “could”, “anticipate”, “plan”, “have intention”, “believe”, “expect”, “aim”, “aim”, “target”, “objective”, “probable” or similar expressions that convey the forward-looking nature of events or results generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by law, we undertake no obligation to update, modify or withdraw any forward-looking statement, whether as a result of new information, future events or otherwise.

Global Technology Industries Group, Inc.
511 Sixth Avenue, Suite 800
New York, NY 10011
[email protected]