GTEL Announces Additional Details on Move to the American Stock Exchange [FCKPQQB]



FORT LAUDERDALE, Fla.--(Business Wire)--May 10, 2005--
GlobeTel Communications Corp. (OTCBB:GTEL), today announced clarifications on yesterday's news concerning the move to the American Stock Exchange.
The Amex granted approval to their exchange contingent upon the Company affecting a 1 for 15 reverse stock split. Further, this approval is contingent upon the Company remaining in compliance with all applicable listing standards on the date it begins trading on the Exchange, and may be rescinded if the Company is not in compliance with such standards. It is expected that the process will take 10 days to complete but may be as many as 20 days depending on regulatory issues and filing times. So the company must maintain to meet the listing criteria during this 10 to 20 day period. GlobeTel meets the requirements today and has received approval from the Amex contingent upon affecting the reverse. We have given the Amex a representation letter that we will perform the reverse and it is a requirement for us to do before our listing on the Exchange.

About the American Stock Exchange

The American Stock Exchange (Amex) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993.
Leading the industry in ETF listings, the Amex lists 155 ETFs, the Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com.

Timothy Huff, CEO of GlobeTel stated: "We are proud that the Amex has approved our listing to their exchange and I believe that it is a big step in building real value for our long time shareholders. The OTCBB has served its purpose. But those of us that long for building a world class company with increasing value are glad to see the start of our next generation with this move. A reverse split is a positive event for GlobeTel. While it may seem overwhelming or confusing, this is a normal part of a restructuring and as it is here, coupled with a move to the AMEX, a very positive event. While there will be those that express dissatisfaction with this move, it is important to question their real motives by their actions."
Huff continued: "This closes a chapter in GTEL's history and opens a new door that will enable us to grow in real shareholder value as we accomplish our goals while attracting new investment opportunities by large funds and institutions."

About GlobeTel

GlobeTel Communications Corporation is a diversified Telecommunications and Financial Services Company. GlobeTel Communications Corporation operates business units in Stored Value debit cards, as a certified MasterCard processor, the sale of Carrier grade VOIP of Long Distance to major Long Distance re-sellers, VOIP Technology and development, and high altitude airship research and development. These self contained business units were developed to operate independently of each other. The symbiotic relationship however, provides value to each of the other business units. This strategy offers GlobeTel financial diversity and risk mitigation while striving toward its operating objectives.
Operating on a global basis, GlobeTel has, historically, focused its business development on markets outside of the United States. Current operations and business relationships exist in Asia, Europe, South America, Mexico and the Caribbean.
Additional information concerning other areas and topics of GTEL can be found on our web site at http://www.globetel.net.

Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Placement Act of 1995. The words "forecast", "project", "intend", "expect", "should", "would", and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements. The above are more fully discussed in the Company's SEC filings. GlobeTel's statements regarding the actual timing of the move and the listing of the company shares shall not be official until the actual start of trading on the American Stock Exchange. The AMEX has the right to continue to review the company to ensure compliance with listing requirements up to and until the time of listing. There may be other factors that contribute to any delay in the listing. 10May05 13:50 GMT
Symbols: us;GTEL
Source BW Business Wire
Categories: MST/I/BNK MST/I/TEL MST/L/EN MST/R/NME MST/R/US MST/R/US/FL TGT/BWB

GlobeTel Announces Placement with Institutional and Other Accredited Investors [FCKPBNQ]



FORT LAUDERDALE, Fla.--(Business Wire)--May 10, 2005--
GlobeTel Communications Corp. (OTCBB:GTEL), today announced that it has raised an initial $2.358 million in investment from a group of accredited investors.
GlobeTel announced today that it has accepted Subscription Agreements by certain large institutional investors and other accredited investors. The funds will be used for general corporate purposes and will allow the company to further accelerate its operational growth objectives.
Timothy Huff, CEO of GlobeTel stated: "This is a very positive event for us. This investment was raised on a straight Common Stock purchase with a very small discount to the investors, which was based on the previous five days VWAP share price. We also provided warrants to the investors to purchase up to 70% of their initial investment, at a price of 150% of the market price of our shares, which based on yesterday's close equals approximately .3838 per share. Assuming the exercise of the warrants, the total investment could be as much as $5.65 million."
Huff continued to say: "The access to capital to GlobeTel is becoming more and more favorable to a company of our size. We are extremely pleased to have some large institutions participate with us as shareholders. We further feel that while we did not need investment at this time that it was prudent for us to further strengthen our balance sheet, increase our cash position which would allow us to continue the rapid expansion that we have been going through. We strongly feel that our move to the American Stock Exchange, which we announced earlier, will continue to open the doors to large funds and quality, long term investors, alike."

About GlobeTel

GlobeTel Communications Corp. is a diversified Telecommunications and Financial Services Company. GlobeTel Communications Corp. operates business units in Stored Value debit cards, as a certified MasterCard processor, the sale of Carrier grade VOIP of Long Distance to major Long Distance re-sellers, VOIP Technology and development, and high altitude airship research and development. These self contained business units were developed to operate independently of each other. The symbiotic relationship however, provides value to each of the other business units. This strategy offers GlobeTel financial diversity and risk mitigation while striving toward its operating objectives.
Operating on a global basis, GlobeTel has historically focused its business development on markets outside of the United States. Current operations and business relationships exist in Asia, Europe, South America, Mexico and the Caribbean.
Additional information concerning other areas and topics of GTEL can be found on our web site at http://www.globetel.net.
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Placement Act of 1995. The words "forecast", "project", "intend", "expect", "should", "would", and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements. The above are more fully discussed in the Company's SEC filings. 10May05 13:30 GMT
Symbols: us;GTEL
Source BW Business Wire
Categories: MST/I/BNK MST/I/TEL MST/L/EN MST/R/NME MST/R/US MST/R/US/FL TGT/BWB

-- PRESS RELEASE: GlobeTel Announces Approval to Move to the American Stock Exchang --

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--May 9, 2005--GlobeTel Communications
Corp. (OTCBB:GTEL) announced today that, by written consent of the majority vote
of its shares, the Board of GlobeTel has approved a reverse split of its shares
on a one for fifteen (1:15) basis. This restructuring move is being made as part
of the Board's overall strategic plan.
Timothy Huff, CEO of GlobeTel, stated: "This capital restructuring is
consistent with the overhauling of our various business segments and will place
our capital structure and share price to be more in line with a business of our
stature, and the credibility of our business standing. This reverse split is
being made immediately prior to our move to the American Stock Exchange."
Huff continued: "We are very pleased and excited to be approved to list our
shares on the AMEX. The AMEX has an excellent reputation and history and we are
looking forward to this next step in our overall plan."
GlobeTel has notified the NASD of the pending reverse split and it is planned
that the shares will begin trading (post reverse) on the American Stock Exchange
on May 19, 2005. GlobeTel has reserved a future trading symbol with the American
Stock Exchange. At the time of the move, GlobeTel will change its symbol from
GTEL to GTE.
Mr. Huff stated: "We are a vibrant and growing company and believe that our
business initiatives are growing at our desired rate and we are pleased with the
success and confidence that our shareholders have placed in us. Our significant
success with our Stratellite release today shows that. This decision is one
further step toward our continued success. While many companies reverse-split
their shares because they are in trouble, we do not fall into that category. I
want to stress to our shareholders that this decision is in the best interests
of the Company and the shareholders. We are all excited about the future of
GlobeTel and our shareholders."

About the American Stock Exchange:

The American Stock Exchange has been a pioneer in market innovation for more
than a century and remains committed to developing successful new investment
products and innovative services for companies and investors.
As the nation's most diversified financial marketplace, the American Stock
Exchange conducts trading through an advanced centralized specialist system and
is committed to providing a superior marketplace for the investing public and
its members.

The following is for illustration purposes only:

If a shareholder owns 15,000 shares of GTEL at a price of .27 per share (for a
total value of $4,050.00), following the reverse split, that same holder would
own 1,000 shares of stock with a theoretical price of $4.05 per share for a
total value of $4,050.00. The illustration is that the total value of shares may
not change as the number of shares owned will.

About GlobeTel Communications Corporation:

GlobeTel Communications Corporation is a diversified Telecommunications and

-- GTEL Announces Floating and Testing of Sanswire One --
FORT LAUDERDALE, Fla.--(Business Wire)--May 9, 2005--
Sanswire Networks, LLC, a wholly-owned subsidiary of
GlobeTel Communications Corp. (OTCBB:GTEL), today announced that the
Stratellite prototype, Sanswire One, has been completed, floated and
tested. The new design increased the overall size of the airship to
188 feet in length and is believed to be the largest rigid frame
airship in existence.
Sanswire One was filled with lifting gas and flown under
controlled conditions. These are parts of the limited testing that
will be performed at Sanswire's facility in San Bernardino, prior to
moving to its new facilities near Edwards Air Force Base. Sanswire
intends to launch Sanswire One for full testing from Edwards with help
from the US Air Force and NASA later this summer.
Timothy M. Huff, CEO of GTEL, commented: "This is a great day for
us at GlobeTel and Sanswire. It has been a long and hard road to get
to this point and many have said we couldn't do it. But as they say,
`a picture is worth a thousand words.'"
Sanswire One was floated and tested within the airspace specified
by the FAA and was tethered at all times. Airborne stress measurements
and other data were gathered by the Sanswire Engineering team. It has
now been returned to the hangar in San Bernardino and placed in
backwards, nose facing the hangar door.
Mr. Huff continued: "We have made significant breakthroughs in our
airship design and our technological advancements. We have reached our
initial goals for this airship and we are now focused on the next
steps of our plan, which will include our upcoming launch at Edwards.
We will capitalize on what we have accomplished to this point. The
interest in our project by governments, world leaders and large
corporations grow almost weekly."
Mr. Huff concluded: "We now have, on our website, pictures of
Sanswire One floating off the ground. We will continue to provide news
on significant milestones as we have herein, as they are appropriate.
We release this news today, to show the world that we have succeeded
thus far with this project and are 100% committed to the next major
milestone and to the start of construction on Sanswire Two."
Sanswire One is being dedicated to Christopher Jones, the son of
Bob Jones, President of Sanswire and the team leader who leads this
project with his team. Christopher passed away in February, 2005.

About Sanswire Networks, LLC:

Sanswire Networks is a wholly owned, privately held, subsidiary of
GlobeTel Communications Corporation whose shares are publicly traded
under the symbol GTEL.
A Stratellite(TM) is a high-altitude airship that when in place in
the stratosphere (approximately 65,000 feet) will provide a stationary
platform for transmitting various types of wireless communications
services currently transmitted from cell towers and satellites. It is
not a balloon or a blimp, but a high-altitude airship with a rigid
structure.
The Stratellite(TM) is similar to a satellite in concept, but is
stationed in the stratosphere rather than in orbit. Existing
satellites provide easy "download" capabilities, but because of their
high altitude are not practical for commercially viable "two-way"
high-speed data communication. The Stratellite will allow subscribers
to easily communicate in "both directions" using readily available
wireless devices. http://www.sanswire.com

About GlobeTel Communications Corporation:

GlobeTel Communications Corporation is a diversified
Telecommunications and Financial Services Company. GlobeTel
Communications Corporation operates business units in Stored Value
debit cards, as a certified MasterCard processor, the sale of Carrier
grade VOIP of Long Distance to major Long Distance re-sellers, VOIP
Technology and development, and high altitude airship research and
development. These self contained business units were developed to
operate independently of each other. The symbiotic relationship
however, provides value to each of the other business units. This
strategy offers GlobeTel financial diversity and risk mitigation while
striving toward its operating objectives.
Operating on a global basis, GlobeTel has, historically, focused
its business development on markets outside of the United States.
Current operations and business relationships exist in Asia, Europe,
South America, Mexico and the Caribbean.
Additional information concerning other areas and topics of GTEL
can be found on our web site at http://www.globetel.net

Certain statements in this release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private Placement
Act of 1995. The words "forecast", "project", "intend", "expect",
"should", "would", and similar expressions and all statements, which
are not historical facts, are intended to identify forward-looking
statements. These forward-looking statements involve and are subject
to known and unknown risks, uncertainties and other factors which
could cause the Company's actual results, performance (finance or
operating) or achievements to differ from future results, performance
(financing and operating) or achievements expressed or implied by such
forward-looking statements. The above are more fully discussed in the
Company's SEC filings. GlobeTel and its strategy for launching the
Stratellite may vary as conditions and technology changes. There is
the possibility that parts of the process may change or be delayed.
While GlobeTel plans for the success of the Airship, there is no
guarantee that it will achieve any or all of its objectives. Any
reference within this release that refers, or implies a forward
looking statement, is herewith incorporated into this Safe Harbor
language.

Symbols:
US;GTEL
09-May-2005 14:33:00 GMT
Source BW - Business Wire
Categories:
MST/I/ICS MST/I/NET MST/I/TEL MST/L/EN MST/R/NME MST/R/US MST/R/US/FL TGT/BWB

-- Intel's CEO says WiMAX competitive with DSL, cable --
WASHINGTON, May 6 (Reuters) - Intel Corp. <INTC.O> Chief
Executive Craig Barrett said on Friday that new wireless
high-speed data technologies would be competitive with Internet
links provided by cable and phone companies.
Intel, the world's largest chip maker, is pushing WiMAX,
which would provide high speed data over areas as large as a
small city, as a way to spread cheap yet ubiquitous wireless
broadband access. Intel is hoping to replicate the success it
had in popularizing the short-range wireless WiFi standard
popular in airports and coffee shops.
In a conference call with Reuters reporters, Barrett said
most telephone digital subscriber lines and cable broadband
connections were not fast enough.
"Most of us who have DSL or cable at home do not have good
broadband but kind of half-ass broadband, which doesn't really
allow for good streaming video or that kind of stuff," he
said.
Few home broadband connections today offer higher download
speeds than five megabits per second, and Barrett said good
broadband -- which would be capable of delivering high-quality
video transmission -- should be able to move at least 10
megabits per second.
WiMAX, which should be capable of 50 megabits to 100
megabits per second, is "significantly better than what we
typically look at with DSL and cable," Barrett said. "I think
that will be very competitive with those technologies, and
especially where those techonologies aren't built out, in rural
areas.
"Will it compete with wired access? Absolutely. Will it be
perhaps the only broadband solution you have in some areas?
Absolutely, especially in rural areas."
With Intel's muscle behind the WiMAX push, some 240
companies have joined the industry group developing WiMAX
standards and equipment. Sprint Corp., <FON.N> and Intel said
on Thursday they would cooperate on WiMAX tests.
Intel expects the first commercial trials of WiMAX early
next year, with different variations of the technology for
mobile users available for trials by early 2007.
Intel and others envision WiMAX equipment installed outside
homes and business, linking up with base stations hosted by
fixed-line telecommunications operators. A short-range, Wi-Fi
signal, or perhaps an Ethernet cable, would bring the Internet
to individual PCs in the home.
((Reporting by Justin Hyde, editing by Gerald E. McCormick;
Reuters Messaging: justin.hyde.reuters.com@reuters.net; e-mail
justin.hyde@reuters.com; 202-898-8444))

(C) Reuters 2005. All rights reserved. Republication or redistribution of
Reuters content, including by caching, framing or similar means, is expressly
prohibited without the prior written consent of Reuters. Reuters and the Reuters
sphere logo are registered trademarks and trademarks of the Reuters group of
companies around the world.



nN06588701


Symbols:
CH;INTC DE;INL GB;ICO HK;4335 US;FON US;INTC US;VNL
06-May-2005 18:19:45 GMT
Source RTRS - Reuters News
Categories:
BUS E ELI ESL LEN PSC RTRS TEL U US WIN WWW MST/I/LDS MST/I/MKT MST/I/NET
MST/I/RTL MST/I/SEM MST/I/SVC MST/I/TEL MST/L/EN MST/R/US TGT/RSF

-- PMZ> Market Pulse Announces its Hot Stock Picks for Thursday, May 5, 2005: --

ATLANTA, May 5, 2005 (PRIMEZONE via COMTEX) -- Market Pulse is pleased to
introduce our featured stock, TelePlus Enterprises, Inc. (OTCBB:TLPE), to the
investment community! TelePlus is new to Market Pulse and is poised to become a
significant player in the wireless communications industry! TLPE has had several
excellent news announcements out lately and one again before today's opening
bell regarding its subsidiary reporting a 52% increase in handset sales for the
month of April! Investors should be watching this one closely! Other notable
stocks that look great lately from a fundamental and technical perspective
include:

JDS Uniphase Corp. (Nasdaq:JDSU): Market Underperform

GlobeTel Communications Corp. (OTCBB:GTEL): Attractive

Intel Corp. (Nasdaq:INTC): Bearish

Recommendation Meanings

These recommendations are investment opinions of Market-Pulse.com and reflect
the stock's potential to move over the next one to four weeks of trading. This
analysis is done from a technical and fundamental perspective.

After The Bell Market Commentary

On Wednesday, the government said U.S. retail gasoline prices won't reach the
peak of $2.35 a gallon in May as previously forecast and should continue
declining through this month. The national average pump price has fallen about 4
cents, since hitting a record high of $2.28 a gallon three weeks ago. U.S.
stocks end higher. The Dow closed up 127.69 points, or 1.2%, at 10,384.64. The
Nasdaq Composite jumped 29.16 points, or 1.5%, to 1,962.23. The S&P 500 popped
14.48 points, or 1.3%, to 1,175.65.

About Market-Pulse.com

Market Pulse is a leading investor relations firm whose primary focus is
promoting awareness among brokers, investors, and others in the investment
community who are interested in small and micro-cap companies. Market Pulse is
dedicated to helping publicly traded companies gain the exposure they need to
move forward with the development of their business plans. Market Pulse's goal
is to feature equity investments in micro or small capitalization companies that
have the potential for long-term appreciation. Market Pulse provides investors
with a complete suite of online interactive financial data and tools that
includes quotes, charts, company profiles, news, market commentary and SEC
filings, just to name a few. Market Pulse offers a free financial newsletter. To
subscribe or get more information, visit our home page located at
www.market-pulse.com.

Information contained herein is the opinion of Market-Pulse.com ("MP") and is
intended to be used strictly for informational purposes. You should be aware
that MP attempts to assure itself of the accuracy of the information contained
in the analyses it publishes. In this regard, MP does, at times, rely on the
accuracy of information supplied to it by the companies which are the subject of
MP's analyses and/or parties related to those companies. MP also relies on the
accuracy and integrity of information that is contained in company press
releases and reports filed with the SEC. The companies mentioned in this
publication have not approved the content or timing of the information being
published unless otherwise noted.

MP, because it relies on information supplied by various third parties disclaims
any responsibility for the accuracy of such information. Any investor
considering making an investment in any security which has been the subject of a
MP analysis or opinion should, before making any such investment, consult with
his/her market professional and/or do his/her own independent research regarding
the company which is the subject of an MP opinion, recommendation or analysis.

Information regarding companies which MP has opined upon is normally available
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various press releases issued by the company.

You should be aware that MP is often compensated for issuing analyses,
recommendations or opinions concerning particular companies. Its opinion is
therefore not unbiased and you should consider this factor when evaluating MP's
statements regarding a company. MP has been compensated in free trading shares
of common stock, available for public trading as follows: TelePlus Enterprises,
Inc. compensation from a third party shareholder: two hundred thousand free
trading shares of stock in TelePlus Enterprises, Inc., already delivered from a
third party shareholder. To date, MP has sold one hundred eighty thousand shares
of stock in TelePlus Enterprises, Inc. for proceeds totaling forty thousand five
hundred dollars. MP's officers and directors reserve the right to buy additional
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period in which MP is performing such services.

SOURCE: Market Pulse

INVESTMENT OPINION


By Staff
CONTACT: Market Pulse
Bernard Schmitt
800.290.8935
info@market-pulse.com


(C) 2005 PRIMEZONE, All rights reserved.

-0-


INDUSTRY KEYWORD: Business Services
SUBJECT CODE: INVESTMENT OPINION

News: -- MTO> bellwetherreport.com: Coverage begins on Globetel Communications Corp. --

Apr 07, 2005 (M2 PRESSWIRE via COMTEX) -- Today the Bellwether Report has
identified a company that our analysts will be tracking over the ensuing weeks.
Globetel Communications Corp. (OTCBB:GTEL), came out with a significant
corporate development this month, causing a positive market correction. For a
full report on the below mentioned company feel free to visit
www.bellwetherreport.com for a free 30 day no obligation trial.

Globetel Communications Corp. is engaged in the business of providing
telecommunication services primarily involving internet technology , using
voice-over internet protocol equipment. The Co.s business is the transmission of
telephone calls without buffering delays, using internet facilities. Globetel
provides a Voip solution to the buffering problem by having the transmitted
sequence of packets follow the same path through the internet, so that they
arrive in the same sequence in which they were transmitted. In April 2204
Globetel acquired Sanswire Technologies Inc. Sanswire is Developing a wireless
broadband network utilizing...

To view the full unbiased report on feel free to visit our site. All articles
are available for review under the Todays Articles Section. No credit Card
Needed!!

The Bellwether Report will continue scanning the markets for true emerging
growth opportunities that will show subscribers optimal entry points with
profitable exit points. If you are interested in receiving more information on
Globetel Communications Corp. (OTCBB:GTEL), feel free to sign up for a 1 month
complimentary subscription to the #1 online investment resource
www.bellwetherreport.com.

All material herein was prepared by the Bellwetherreport.com , (Bellwether)
based upon information believed to be reliable. The information contained herein
is not guaranteed by Bellwether to be accurate, and should not be considered to
be all-inclusive. The companies that are discussed in this opinion have not
approved the statements made in this opinion. This opinion contains
forward-looking statements that involve risks and uncertainties. This material
is for informational purposes only and should not be construed as an offer or
solicitation of an offer to buy or sell securities. Bellwether is not a licensed
broker, broker dealer, market maker, investment banker, investment advisor,
analyst or underwriter. Please consult a broker before purchasing or selling any
securities viewed on or mentioned herein. Bellwether may receive compensation in
cash or shares from independent third parties or from the companies mentioned.

Bellwethers affiliates, officers, directors and employees may also have bought
or may buy the shares discussed in this opinion and may profit in the event
those shares rise in value. Market commentary provided by Jay Lee.

Bellwether will not advise as to when it decides to sell and does not and will
not offer any opinion as to when others should sell; each investor must make
that decision based on his or her judgment of the market.

This release contains "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E the Securities
Exchange Act of 1934, as amended and such forward-looking statements are made
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"draft", "eventually" or "projected". You are cautioned that such statements are
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circumstances, events, or results to differ materially from those projected in
the forward-looking statements, including the risks that actual results may
differ materially from those projected in the forward-looking statements as a
result of various factors, and other risks identified in a companies' annual
report on Form 10-K or 10-KSB and other filings made by such company with the
Securities and Exchange Commission.

You should consider these factors in evaluating the forward-looking statements
included herein, and not place undue reliance on such statements. The
forward-looking statements in this release are made as of the date hereof and
Bellwether undertakes no obligation to update such statements.

M2 Communications Ltd disclaims all liability for information provided within M2
PressWIRE. Data supplied by named party/parties. Further information on M2
PressWIRE can be obtained at http://www.presswire.net on the world wide web.
Inquiries to info@m2.com.



(C)1994-2005 M2 COMMUNICATIONS LTD

-0-




Symbols:
US;GTEL US;SNWR
07-Apr-2005 14:31:00 GMT
Source CTX - Comtex Scientific
Categories:
MTO/MKT

-- PRESS RELEASE: GlobeTel Confirms the Unveiling of Sanswire One --

MIAMI--(BUSINESS WIRE)--April 5, 2005--GlobeTel Communications Corp.
(OTCBB:GTEL) today announced that its wholly-owned subsidiary, Sanswire
Networks, LLC (Sanswire), will be unveiling its prototype high altitude airship,
Sanswire One, in California on April 12, 2005 as previously announced.
The unveiling will be held between 2 p.m. and 4 p.m. Interested shareholders
and other parties should arrive at the San Bernardino Hilton (909-889-0133)
before 1:30 p.m., where they will be shuttled by bus to the Sanswire
construction facility, returning at approximately 4.00 p.m.
People who wish to attend should register by sending a confirmatory email to
registration@sanswire.com. For more information interested parties should
contact Leigh Coleman at lcoleman@globetel.net.
According to Timothy M. Huff, CEO of GTEL, "Sanswire One has undergone a
significant construction program since February 22, when we held our Technology
Summit in San Bernardino. Sanswire One marks the beginning of an exciting phase
in the development of the Company's high altitude platform program. At the
unveiling, we will answer questions concerning the airship construction and
performance. We will also give an updated timeline to the future events of
Sanswire One."
Soon after the unveiling, Sanswire One will be moved to Edwards Air Force Base
where the actual launch will take place. Mr. Huff stated, "Our plans are to
launch at Edwards AFB, under the direction of NASA and the Air Force. Each
agency will have to approve the flight plan before the launch date. By launching
it from Edwards, we will be using non-FAA regulated air space which should
expedite the flight safety approval process. Until the launch date, we will be
doing ground base test and begin the process on the construction of Sanswire 2,
the 400-foot long commercial airship. Sanswire 2 will be constructed in our new
facilities near Edwards AFB."
A public announcement will be made on April 13 to give an update for those who
couldn't attend the unveiling which will include pictures of Sanswire One.
For more information, please go to http://www.sanswire.com.

Certain statements in this release constitute forward-looking statements or
statements which may be deemed or construed to be forward-looking statements
within the meaning of the Private Placement Act of 1995. The words "forecast",
"project", "intend", "expect", "should", "would", and similar expressions and
all statements, which are not historical facts, are intended to identify
forward-looking statements. These forward-looking statements involve and are
subject to known and unknown risks, uncertainties and other factors which could
cause the Company's actual results, performance (finance or operating) or
achievements to differ from future results, performance (financing and
operating) or achievements expressed or implied by such forward-looking
statements. The above are more fully discussed in the Company's SEC filings.


CONTACT: GlobeTel Communications Corp., Miami
Leigh Coleman, 954-241-0590
investors@globetel.net
http://www.globetel.net

KEYWORD: FLORIDA
INDUSTRY KEYWORD: AEROSPACE/DEFENSE TELECOMMUNICATIONS
SOURCE: GlobeTel Communications Corp.
Copyright Business Wire 2005

(END) Dow Jones Newswires

News:
-- PRESS RELEASE: GlobeTel Announces 2004 Results of Operations --

PEMBROKE PINES, Fla.--(BUSINESS WIRE)--March 31, 2005--GlobeTel Communications
Corp. (OTCBB:GTEL), with its filing of its SEC Form 10-KSB, today announced that
the Company had revenues of $28,996,213 in fiscal year 2004 resulting in a net
loss of $13,166,869. The net loss incurred represented charges to earnings under
Generally Accepted Accounting Principles of $4,491,581 in option expenses to
certain employees, officers and key management. Approximately $1,000,000 of the
loss was attributed to professional services, making the net loss attributable
to operations approximately $7,675,288 on revenues of $28,996,213. During the
previous year 2003, the company reported a net loss of $6,202,426 on revenues of
$11,351,939.
The Company attributed its net loss to both capital and normal expenditures
incurred in the process of growing the Company including additional equipment,
software and payroll expenses to further develop its Stored Value Program and
funding for its wholly owned subsidiaries, Sanswire Networks, LLC and Centerline
Communications, LLC.
The Company stated that the revenues and resulting losses were not unexpected
and that the Company was able to obtain its goal of growing its revenue base in
2004.
Timothy M. Huff, CEO of GTEL, stated, "We cannot be more excited about the
Company and its future than we are at this very moment. We wanted to grow our
revenue base in 2004 and we did just that. We needed to invest a substantial
amount of money in 2004 to develop our products and as a result, we are now
ready for significant profitable revenues. The difficult part was that now we
have to take this large loss as a result of these expenses."
Mr. Huff added, "We have invested millions of dollars in our Stored Value
Program and that is currently being launched. Sanswire One, our prototype high
altitude airship, is being completed and we have hired several respected NASA
engineers who are working diligently to complete the project. We have attracted
institutional investors to our Company and we are in the process of applying to
move to the American Stock Exchange. So we are very bullish on our future and we
expect many exciting opportunities and advancements in the years to come for our
shareholders."
Additional information concerning other areas and topics of GTEL can be found
on our web site at http://www.globetel.net.

Certain statements in this release constitute forward-looking statements or
statements which may be deemed or construed to be forward-looking statements
within the meaning of the Private Placement Act of 1995. The words "forecast,"
"project," "intend," "expect," "should," "would," and similar expressions and
all statements, which are not historical facts, are intended to identify
forward-looking statements. These forward-looking statements involve and are
subject to known and unknown risks, uncertainties and other factors which could
cause the Company's actual results, performance (finance or operating) or
achievements to differ from future results, performance (financing and
operating) or achievements expressed or implied by such forward-looking
statements. The above are more fully discussed in the Company's SEC filings.


CONTACT: GlobeTel Communications Corp., Pembroke Pines
Leigh A. Coleman, 954-241-0590 or 954-272-0380 (fax)
investors@globetel.net

KEYWORD: FLORIDA
INDUSTRY KEYWORD: TELECOMMUNICATIONS EARNINGS
SOURCE: GlobeTel Communications Corp.
Copyright Business Wire 2005

(END) Dow Jones Newswires
31-03-05 1504GMT(AP-DJ-03-31-05 1504GMT)

(C) Dow Jones & Company, Inc. All rights reserved.

-- GlobeTel Announces Hiring of Senior Flight Test Engineer for Sanswire --


Business Editors/Photo Editors/High-Tech Editors
MULTIMEDIA AVAILABLE:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4844714

MIAMI--(BUSINESS WIRE)--March 16, 2005--GlobeTel Communications
Corp. (OTCBB:GTEL) today announced that its wholly owned subsidiary,
Sanswire Networks, LLC, has hired former NASA and Air Force Program
Manager, Barry Reed, who will serve as Sanswire's Senior Flight Test
Engineer.
"Barry brings exceptional added talent to the Sanswire team,"
stated Timothy Huff, CEO of GlobeTel. "We are truly pleased that we
have a team with the experience, the credentials and the talent to
round out a phenomenal, paradigm shifting technology," added Huff.
Mr. Reed has over nineteen years experience with NASA and the Air
Force in aerospace as a program manager, flight test engineer,
aerospace engineer, and electrical engineer. He has an extensive test
and development background on a variety of projects including: the
Inertial Upper Stage, XLR-132 Experimental Space Engine, International
Ulysses solar mission spacecraft, YF-22A Advanced Tactical Fighter,
C-17A, F-16, B-1B, X-40A Space Maneuvering Vehicle, F-18 Advanced
Aeroelastic Wing, HH-60G Pave Hawk, RQ-4A Global Hawk, X-37 Approach
and Landing Test Vehicle, and Crew Exploration Vehicle (NASA's newest
manned spacecraft).
Mr. Reed engineered the first ever use of a dual canister
experiment to fly on the space shuttle, he was the lead flight test
engineer for a nationally critical missile defense test, spearheaded
the test conduct for upgrading all the simulators in the Air Force's
Air Mobility Command, and developed the Air Force Flight Test Center's
capability for testing aircraft for Reduced Vertical Separation
Minimum certification, a FAA and ICAO requirement. Barry has
accumulated more than 200 hours of flight test experience on the
C-17A, C-130E, C-130J, C-141B, E-3A, C-5A, and KC-135 aircraft.
Currently, Mr. Reed holds the rank of Major in the Air Force Reserves.
With his extensive background in research, development, testing,
and operation of various aerospace vehicles, Mr. Reed will allow
Sanswire to take the next step in delivering the commercial
Stratellite(TM).
"Barry has tremendous project management experience. He has
extensive experience engineering and developing advanced aircraft for
NASA and the Air Force and has demonstrated skill in planning,
developing, and executing multi-million dollar programs. He will be a
valued contributor to our program," Mr. Huff concluded.
The bio of Mr. Reed will be added to the Sanswire website.
For more information, please go to http://www.globetel.net or
http://www.sanswire.com

Certain statements in this release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private Placement
Act of 1995. The words "forecast", "project", "intend", "expect",
"should", "would", and similar expressions and all statements, which
are not historical facts, are intended to identify forward-looking
statements. These forward-looking statements involve and are subject
to known and unknown risks, uncertainties and other factors which
could cause the Company's actual results, performance (finance or
operating) or achievements to differ from future results, performance
(financing and operating) or achievements expressed or implied by such
forward-looking statements. The above are more fully discussed in the
Company's SEC filings.

MULTIMEDIA AVAILABLE:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4844714

--30--JD/mi*

CONTACT: GlobeTel Communications Corp., Pembroke Pines, Fla.
Leigh Coleman, 954-241-0590
investors@globetel.net
http://www.globetel.net

KEYWORD: FLORIDA
INDUSTRY KEYWORD: HARDWARE AEROSPACE/DEFENSE TELECOMMUNICATIONS
SOFTWARE NETWORKING MANAGEMENT CHANGES PHOTO PHOTOWIRE
SOURCE: GlobeTel Communications Corp.
PHOTO: 41697

Copyright Business Wire 2005






Symbols:
US;GTEL
16-Mar-2005 14:30:00 GMT
Source BW - Business Wire
Categories:
MST/I/ARO MST/I/CMT MST/I/CPM MST/I/SOF MST/I/TEL MST/L/EN MST/R/US/FL
MST/S/PER TGT/BWN

-- PRESS RELEASE: GlobeTel Provides Shareholder Letter on Company Website --

MIAMI--(BUSINESS WIRE)--March 15, 2005--GlobeTel Communications Corp.
(OTCBB:GTEL), announced today that CEO Timothy Huff has provided a Company
update in a letter to the shareholders posted at the Company Website at the
following link, http://www.globetel.net/about/letter.html.
The shareholder letter includes an update on Sanswire, its wholly owned
subsidiary, and the Company's core business, the Magic Phone, Magic Money and
wholesale carrier business.
The letter can also be accessed through the Company's website,
http://www.globetel.net, link to investor relations, then letters to
shareholders, with March 15, 2005 date link.
Certain statements in this release constitute forward-looking statements or
statements which may be deemed or construed to be forward-looking statements
within the meaning of the Private Placement Act of 1995. The words "forecast",
"project", "intend", "expect", "should", "would", and similar expressions and
all statements, which are not historical facts, are intended to identify
forward-looking statements. These forward-looking statements involve and are
subject to known and unknown risks, uncertainties and other factors which could
cause the Company's actual results, performance (finance or operating) or
achievements to differ from future results, performance (financing and
operating) or achievements expressed or implied by such forward-looking
statements. The above are more fully discussed in the Company's SEC filings.


CONTACT: GlobeTel Communications Corp., Pembroke Pines, Fla.
Leigh A. Coleman, 954-241-0590
investors@globetel.net
http://www.globetel.net

KEYWORD: FLORIDA
INDUSTRY KEYWORD: HARDWARE AEROSPACE/DEFENSE TELECOMMUNICATIONS
SOFTWARE NETWORKING
SOURCE: GlobeTel Communications Corp.
Copyright Business Wire 2005

(END) Dow Jones Newswires
03-15-05 0849ET- - 08 49 AM EST 03-15-05

(C) Dow Jones & Company, Inc. All rights reserved.

Symbols:
US;GTEL
15-Mar-2005 13:49:00 GMT
Source DJ - Dow Jones
Categories:
I/CMT I/TEL N/DJIN N/DJN N/DJWB N/CNW N/DJWI N/PRL N/TPCT M/NND M/TEC M/TPX
P/TAP R/FL R/NME R/US R/USS MST/I/CMT MST/I/TEL MST/I MST/R/US/FL MST/R/NME
MST/R/US

-- PRESS RELEASE: GlobeTel Initiates Global Strategy for Sanswire; Establishes Sans --

PEMBROKE PINES, Fla.--(BUSINESS WIRE)--March 8, 2005--

Sanswire Europe to Make Wireless Access Available to
All European Citizens

GlobeTel Communications Corp. (OTCBB:GTEL) today announced a global strategy
for its Sanswire Networks Corporation subsidiary. It has signed a Letter of
Intent to immediately establish Sanswire Europe S.A., its first regional
operating subsidiary. Sanswire Europe will be a joint venture between GlobeTel's
wholly owned operating subsidiary, Sanswire Networks, LLC and Strato-Wireless
Ltd. (SWL), in which GlobeTel will own 55% and Strato-Wireless will own 45% of
the shares of the European Venture. The new operation will be managed jointly by
J. Randolph Dumas and John A. Jensen, Jr., both former senior Managing Directors
at global investment banking firms. Both principals have decades of business
experience throughout Europe and the Middle East.
Sanswire Europe is being formed to generate government, military and corporate
contracts for Sanswire's Stratellite platforms within Europe. Stratellites are
specialized airships, that will be placed in the stratosphere to be used for
transmitting virtually all types of wireless communications and content.
Sanswire Europe will extend the Sanswire franchise into Europe, the Middle East
and Africa. Eventually, other regional Sanswire entities will be created to
develop opportunities in other regions including Asia and Latin America.
"Our strategy is to create geographical action teams with highly qualified
partners whose access to capital sources and direct access to senior government
and business leaders, will allow for rapid deployment of our Stratellite
technology. Our Partners have the capability to mobilize and seize on the
advantage of Sanswire being the first mover to launch and have commercial use of
a high altitude platform airship, in our case, the Stratellite," Timothy M.
Huff, CEO of GlobeTel stated. "Sanswire Networks, LLC will remain a wholly-owned
subsidiary of GlobeTel and GlobeTel will maintain majority ownership of each of
the world-wide partnerships we will be forming. These partners will bring
significant value to our Company."
Mr. Huff added: "SWL represents an ideal partner for both GlobeTel and
Sanswire. SWL's global business experience and relationships, combined with the
entrepreneurial style of SWL's principals, creates an exceptional foundation for
the launch of Sanswire's wireless capabilities within Europe. We believe that
the initial relationship will rapidly expand into other countries with the SWL
partnership."
J. Randolph Dumas, Chairman of Sanswire Europe, remarked: "We are excited
about the opportunity to develop the Sanswire franchise in Europe. The
unprecedented technology inherent in the Stratellite airships represents a
unique opportunity to deliver a full array of communications services for the
benefit of governments and commercial interests alike."
"The access to wireless communications through Sanswire will enable millions
of people to benefit from this technology in areas where cost-effective
communications have been limited or impossible, historically," added John
Jensen, Vice Chairman of Sanswire Europe. "To this end, we intend to move
quickly to establish Sanswire as the preferred platform for delivering wireless
communications in the twenty-first century," he concluded.
Sanswire Europe will drive the European strategy by integrating clients'
special voice, data and video requirements with the resources of Sanswire's
newly established Research and Development Division. This division will provide
technological and operational expertise and support to meet each client's
particular needs. The first prototype of a fully operational Stratellite is
scheduled for launch in early April in California.
Randolph Dumas, a resident of London, England, has lived and worked in Europe
for the past 25 years. He was a partner of Salomon Brothers International
Limited responsible for the firm's European corporate finance, mortgage
securities and real estate investment banking businesses for a number of years.
Subsequently, Dumas founded and became the Managing Partner of two prominent
private equity firms: Dumas West & Co (a 50:50 partnership with the "Baby Bell"
telecommunications company, US West) and Rubikon Partners, a firm focusing on
European LBOs. Dumas has had extensive experience working in virtually every
business sector and in every country within Europe and in much of the Middle
East. He maintains strong relationships in these countries at the highest
levels.
John Jensen, also a London resident, has lived and worked in Europe since
1992. He spent 32 years in various management positions at Merrill Lynch, from
which he retired recently as Vice Chairman of Global Equity Capital Markets. At
Merrill Lynch, he led the management of more than 500 equity offerings including
large, high profile European and Asian privatizations, primarily in the
telecommunications, technology and natural resource industries. Jensen's
experience provides an in-depth knowledge and keen understanding of the dynamics
of the relationships between governments and commercial enterprises globally. He
is also Chairman of Pelham Sloane Ltd., a designer, manufacturer and marketer of
patented, all-in-one computers, based in London, England.

For more information, please go to http://www.globetel.net .

Certain statements in this release constitute forward-looking statements or
statements which may be deemed or construed to be forward-looking statements
within the meaning of the Private Placement Act of 1995. The words "forecast",
"project", "intend", "expect", "should", "would", and similar expressions and
all statements, which are not historical facts, are intended to identify
forward-looking statements. These forward-looking statements involve and are
subject to known and unknown risks, uncertainties and other factors which could
cause the Company's actual results, performance (finance or operating) or
achievements to differ from future results, performance (financing and
operating) or achievements expressed or implied by such forward-looking
statements. The above are more fully discussed in the Company's SEC filings.


CONTACT: GlobeTel Communications Corp., Pembroke Pines
Leigh A. Coleman, 954-241-0590
investors@globetel.net
http://www.globetel.net

KEYWORD: FLORIDA INTERNATIONAL EUROPE
INDUSTRY KEYWORD: HARDWARE COMPUTERS/ELECTRONICS
TELECOMMUNICATIONS SOFTWARE NETWORKING MARKETING AGREEMENTS
SOURCE: GlobeTel Communications Corp.
Copyright Business Wire 2005

(END) Dow Jones Newswires

News:
-- GlobeTel Announces the Appointment of Mr. Robert Jones as the President of its --
Newly Formed
Governmental Division

Business Editors
MULTIMEDIA AVAILABLE:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4831821

MIAMI--(BUSINESS WIRE)--Feb. 28, 2005--GlobeTel Communications
Corp. (OTCBB:GTEL), today announced that it has formed a Specialized
Business Unit within Sanswire Networks, LLC that will be called
SANSWIRE GOVERNMENTAL SERVICES and that it has appointed Mr. Robert
Jones as its President. Mr. Jones comes to GlobeTel from the National
Aeronautics and Space Administration (NASA).
Mr. Robert Jones has over twenty-five years experience with NASA
and the Air Force in aerospace as an executive, director, program
manager, mission director, mission manager, flight test engineer, and
pilot. Bob has an extensive test background as well as operational
air, space and ballistic launch, and space vehicle research, test and
development. He was instrumental and responsible for breaking 10 world
records for the space launch systems which resulted in three National
Space and Science awards. With his extensive background in research,
development, test, and operation with various aerospace vehicles, Bob
will be bringing a team of experts to Sanswire to make history. Bob
will serve as the President of Sanswire Governmental Services.
GTEL CEO, Mr. Timothy Huff, noted, "Bob's extensive career in
aviation, space, research and development of leading-edge technology,
linked with his skills as a program manager, make him an ideal
addition to our Sanswire team. We look forward to his leadership,
technical inputs, perspective, and representation to the public of our
exciting and world-changing technology capabilities."
Mr. Huff went on to say, "As we have announced, we are forming
different divisions of Sanswire that will have different focus and
responsibilities based on type of customer, territory and technology
requirements. Bob's appointment today is an important step and he is a
welcomed addition to our growing team."
For more information, please go to http://www.sanswire.com or
http://www.globetel.net

Certain statements in this release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private Placement
Act of 1995. The words "forecast", "project", "intend", "expect",
"should", "would", and similar expressions and all statements, which
are not historical facts, are intended to identify forward-looking
statements. These forward-looking statements involve and are subject
to known and unknown risks, uncertainties and other factors which
could cause the Company's actual results, performance (finance or
operating) or achievements to differ from future results, performance
(financing and operating) or achievements expressed or implied by such
forward-looking statements. The above are more fully discussed in the
Company's SEC filings.

MULTIMEDIA AVAILABLE:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4831821

--30--JD/mi*

CONTACT: GlobeTel Communications Corp., Pembroke Pines, Fla.
Leigh A. Coleman, 954-241-0590
investors@globetel.net
http://www.globetel.net

KEYWORD: FLORIDA
INDUSTRY KEYWORD: AEROSPACE/DEFENSE GOVERNMENT MANUFACTURING
TELECOMMUNICATIONS MANAGEMENT CHANGES PHOTO PHOTOWIRE
SOURCE: GlobeTel Communications Corp.
PHOTO: 40514

Copyright Business Wire 2005






Symbols:
US;GTEL
28-Feb-2005 17:21:00 GMT
Source BW - Business Wire
Categories:
MST/G MST/I/ARO MST/I/ICS MST/I/TEL MST/L/EN MST/R/US/FL MST/S/PER TGT/BWN

Is it possible for AMEX listing to be approved without the 2004 financials?

stockhead, from my humble experience, the last 2.8M shares traded after hours were sold short in the morning at or above .32 and covered after hours at .305
Obviously, one of those 144 fillers decided to sell. Yesterday somebody filled a 144 to sell 1.5M shares and two days ago another shareholder filed to sell 5.9M shares.

EU regulators pledge to facilitate roll-out of internet telephony [DWRNDXP]


BRUSSELS (AFX) - EU regulators have pledged to facilitate the roll-out of
internet telephony services, which they believe will radically change the
communications market, by keeping regulatory barriers to a minimum.
The European Commission said that regulators from national
telecommunications authorities have adopted a common statement on voice over
internet services, favouring what they describe as a "light touch".
Viviane Reding, commissioner for information society and the media, said: "I
am convinced that, as the market develops, the European Commission and national
regulators will jointly ensure that throughout the EU, the roll-out of new
IP-based services will not be hindered by regulatory hurdles."
afxbrussels@afxnews.com
ed/wf




11Feb05 12:16 GMT
Source AFX AFX News
Categories:
INTE REG EUR R/BE I/TEL MST/L/EN MST/R/BE MST/I/TEL

-- GLOBETEL COMMUNICATIONS CORP FILES (8-K) Disclosing Entry Material Agreement --
February 02 (EDGAR Online) -
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On January 25, 2005, the company entered into a subscription agreement with
Longview Equity Fund LP, Longview International Equity Fund, LP, Longview Fund
LP, and Alpha Capital Aktiengesellshcaft whereby these investors are purchasing
$1,800,000 in convertible notes, with Class A Warrants to purchase up to an
additional $1,609,989 in common stock of the Registrant.

Under the funding arrangement, the promissory notes are convertible into common
stock of the Company at $.08 per share. Prior to any notice of conversion the
Company has the right to redeem the note at a premium, subject to a 3-day right
to convert by the investor.

There are two types of warrants. There are 12,500,000 Class A Warrants
exercisable at $.12 per share and Redemption Warrants. Redemption Warrants will
be provided in the event that the Company has sought to redeem more than 50% of
the principal amount of the Note. They are given on the basis of 1,111 warrants
for each $1,000 in principal the Company seeks to redeem over $900,000. The
Warrants are identical to the Class A warrants except that they have an exercise
price of $.11 per share.

Correction : I meant 100% up and 30% pull back. EOM

DesertSon, here is my take on GTEL:
It doubled from 6.5 to 13.4, then it pulled back to .092( that is 30% ) then it doubled from .092 to .188, It might pullback to .13-.14 then it will move up to double the pullback( .26-.28 ) then I will pullback 30% to previous high ".18-.188"

The pattern is 200% up and 30% pullback.
Again my gues it will touch .13-.14