Globe Photos Inc (fka GBPT)

[Petey999]

Official PR out!

LONDON, June 14, 2007 /PRNewswire-FirstCall via COMTEX/ -- Petel Incorporated
can today announce that they are in the final stages of a Business Combination
with UK broadband television technology visionaries a2a Group PLC.

A business combination allows the two companies to remain intact, each trading
on its respective exchange, whilst pooling resource and capital. Petel
Incorporated are overseeing the final UK legal requirements to effect the
transaction. On completion, the previously detailed 1-for-1 share exchange will
be actioned. It is anticipated this will be no later than week commencing 2nd
July 2007.

The business combination delivers significant benefits to both parties:-

Petel Incorporated:

- In-house channel management and broadcast platform technologies.

- Acceleration of schedule to launch non-adult broadband television channels.

- Complete end-to-end channel management, from production through to delivery.

a2a Group PLC:

- Restructure, with successful management input from Petel Incorporated.

- Management input will deliver revenue generating status within 6 weeks of
completion.

- Design and production facilities available in-house, reducing significant
third party costs.

- Market management.

- Marketing input and support.

- Contract management and development with major global brands.

- AsiaPac market development in conjunction with experienced Petel Incorporated
management team.

Further information will be released on completion.

For more information please contact: [e-mail] Or visit:
www.petel.co.uk

This news release contains forward-looking statements that are subject to
certain risks and uncertainties that may cause actual results to differ
materially from those projected on the basis of such forward-looking statements.
The words "estimate," "project," "intends," "expects," "believes," and similar
expressions are intended to identify forward-looking statements. Such
forward-looking statements are made based on management's beliefs, as well as
assumptions made by, and information currently available to, management pursuant
to the "safe-harbour" provisions of the Private Securities Litigation Reform Act
of 1995. For a more complete description of these and other risk factors that
may affect the future performance of Petel, Inc. see "Risk Factors" in the
Company's Annual Report on Form 10-KSB and its other filings with the Securities
and Exchange Commission. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date made and the
Company undertakes no obligation to disclose any revision to these
forward-looking statements to reflect events or circumstances after the date
made or to reflect the occurrence of unanticipated events.

SOURCE Petel Incorporated



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