Global Security Agency Inc. Announces Conversion of Debt

MONTGOMERY, Texas, Aug. 12 /PRNewswire-FirstCall/ - Global Security Agency Inc. (GSAG.OB) (the "Company") is pleased to announce that, effective August 11, 2010, the Company converted an aggregate of $195,000 in debt owing to four lenders into shares of common stock of the Company at a price of $0.01 per share and issued an aggregate of 19,500,000 shares to these lenders.

Forward-Looking Statements:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipates", "believes", "estimates", "expects", "intends" and similar expressions, as they relate to us or our management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of various factors. We do not undertake any obligation to update such forward-looking statements. Investors are cautioned to consider all other risks and uncertainties affecting our company, including those in filings made with the SEC.

SOURCE Global Security Agency Inc.