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Tuesday, 05/16/2006 12:23:40 PM

Tuesday, May 16, 2006 12:23:40 PM

Post# of 157299
Repost from other board

DonG

Am I high? I didn't see any other PR's on the website?
My mistake, can you advise?

http://investor.globetel.net/phoenix.zhtml?c=67726&p=irol-newsArticle&ID=818816&highligh....

Sir Christopher Meyer to Become Independent Director of GlobeTel Communications, Relinquishes Role as Chairman
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Feb. 17, 2006--GlobeTel Communications Corp. (AMEX:GTE) announced that Sir Christopher Meyer, its Non-Executive Chairman, has requested a change in his status, effective March 19, 2006, to that of an Independent Director. As a result of his current professional obligations and commitments in the U.K., Sir Christopher has advised the Board that he feels unable to commit the time to the Chairmanship of GlobeTel that the company's shareholders have the right to expect.

Sir Christopher stated, "I have the highest regard for GlobeTel, and its Officers and Directors. But my pre-existing obligations carry a heavy weight of responsibility within my own country. Thus, I believe I would better serve the company by passing the leadership baton to another qualified individual who is equipped to devote the time and attention that this important job requires."

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