World Surveillance Group Inc (fka WSGI)

[rocky301]

Press Release Source: GlobeTel Communications Corp.


GlobeTel Announces Partnership with Universal Express Inc.
Wednesday August 27, 1:03 pm ET


MIAMI--(BUSINESS WIRE)--Aug. 27, 2003--GlobeTel Communications Corp. (OTCBB:GTEL - News), today announced that it is set to launch its stored value prepaid calling card service with Universal Cash Express, a division of Universal Express Capital Corp. Universal Express Capital Corp. is a wholly own subsidiary of Universal Express Inc. (OTCBB:USXP - News).
Universal Cash Express will offer these services to thousands of private postal stores throughout North America. Tim Huff, CEO of GlobeTel Communications Corp stated, "The agreement with Universal Express Capital Corp. provides GTEL a valuable distribution network to initiate our prepaid debit/credit card services announced in July. To view our platform services that will be rolled out to Universal Cash Express see our press release of July 16, 2003 (http://biz.yahoo.com/bw/030716/165294_1.html)

Brett Hudson, President of Universal Cash Express, stated, "Engaging this contract with GlobeTel provides Universal Cash Express an enormous opportunity to issue an International Debit/Credit Card on the spot. Our unique (POSA) point-of-sale-activation terminal gives Universal Cash Express the foundation for setting up merchants as retail/load stations and offers a method to send money Worldwide with its card-to-card money transfer capability." Mr. Hudson went on to say, "The Universal Express International Debit/Credit Card, in addition to bank functionality, will provide a rechargeable phone card for International and Domestic phone calls at some of the lowest rates available today through the GlobeTel Network. This results in the right product for the targeted consumer. In addition, this provides a cost effective structure for the merchant, allowing for a strong revenue producing center both at point of sale and on a recurring basis."

David Russell of Universal Express Capital Corp. continued by saying, "Providing a substantive and diversified product line within Universal Cash Express significantly improves the fundamental implementation of its prepaid stored value card program. This enables us to place a desirable and profitable offering into the WorldPost network of retail outlets as well as the general marketplace, via both direct sale and POSA inclusion. GlobeTel and Universal Cash Express provide the synergy for a profitable relationship."

More on Universal Express can be found at http://www.usxp.com and information on GlobeTel can be found 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.



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Contact:
GlobeTel Communications Corp., Miami
Jerrold R. Hinton, 305-579-9922, ext. 4
Fax: [phone]
email: [e-mail]
http://www.globetel.net



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Source: GlobeTel Communications Corp.