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8-K - CURRENT REPORT DATED 12-1-10 - Texas Gulf Energy Incg4580.txt

                                                                    Exhibit 99.1

                                  PRESS RELEASE

     GLOBAL NUTECH, INC. JOINT VENTURE PARTNER ENTERS INTO LETTER OF INTENT
         TO DISTRIBUTE PRODUCTS FOR CHINESE RUBBER PRODUCT MANUFACTURER

Huntington Beach, CA - Marketwire- 12/01/10 - Global NuTech, Inc. (OTCBB: BOCL)
(www.globalnutechinc.com) announced today that its Joint Venture partner, HIGA
Corporation, has entered into a Letter of Intent to distribute rubber-based
products manufactured by H&G Polymeric Products Co., Ltd. of Guan Dong, China.

E. G. Marchi, President of Global NuTech, Inc., stated, "We are pleased that our
JV partner is entering into this strategic relationship with H&G Polymeric
Products (www.hgcmb.com), which is the supplier of a wide variety of
rubber-based products sold by major US companies. With principals of HIGA
Corporation having had a long-term working relationship with H&G Polymeric
Products, we believe that this distribution program, when effectuated, has the
potential of providing a significant revenue stream to our Company."

ABOUT GLOBAL NUTECH, INC.

Global NuTech, Inc. (OTCBB: BOCL) (www.globalnutechinc.com) provides marketing
and distribution for a variety of commercial and consumer products including the
ACT Clean Technologies, Inc. lines of environmentally-safe cleaning products for
home and industrial purposes (www.actcleantechnologies.com) and the Agrigenic
Food Company's Biotec Foods(R) (www.biotecfoods.com), Biomed Foods(R)
(www.biomedfoods.com) and Biovet International(R) (www.biovet.net) lines of
dietary and nutritional supplements.


Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined
in Section 27A of the United States Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Statements in this press release which are
not purely historical are forward-looking statements and include any statements
regarding beliefs, plans, expectations or intentions regarding the future. Such
forward-looking statements include, among other things, the development, costs
and results of our exploration program at our properties and any anticipated
future production. Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors include, among
others, the inherent uncertainties associated with cleaning fluid and
development stage exploration companies. These forward-looking statements are
made as of the date of this news release, and we assume no obligation to update
the forward-looking statements, or to update the reasons why actual results
could differ from those projected in the forward-looking statements. Although we
believe that the beliefs, plans, expectations and intentions contained in this
press release are reasonable, there can be no assurance that such beliefs,
plans, expectations or intentions will prove to be accurate. Investors should
consult all of the information set forth herein and should also refer to the
risk factors disclosure outlined in our annual report on Form 10-K for the most
recent fiscal year, our quarterly reports on Form 10-Q and other periodic
reports filed from time-to-time with the Securities and Exchange Commission.

Contact: E. G. Marchi (714) 373-193