World Surveillance Group Inc (fka WSGI)

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF FLORIDA, MIAMI DIVISION

YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the Southern District of Florida, Miami Division (the “Court”), that the action captioned Stevens v. GlobeTel Comm. Corp., 06-CIV-21071 (S.D.Fla.) (the “Class Action”) has been conditionally certified as a class action and that a settlement for $2,300,000.00 in cash or other immediately available funds has been proposed. A hearing will be held at 9:00 a.m., on February 4, 2008, before the Honorable Cecilia Altonaga, at the United States District Court for the Southern District of Florida, Miami Division, 301 North Miami Avenue (4th floor), Miami, FL 33128, to determine whether: the Class should be finally certified for settlement purposes, the proposed settlement of the Class Action and the proposed plan for distributing the proceeds of the settlement should be approved by the Court as fair, reasonable and adequate; the Class Action should be dismissed with prejudice against the defendants; the application of the plaintiffs’ counsel for awards of attorneys’ fees, costs and expenses should be approved.

IF YOU ARE A MEMBER OF THE CLASS DESCRIBED ABOVE, YOUR RIGHTS WILL BE AFFECTED. CLASS MEMBERS MAY BE ENTITLED TO SHARE IN THE SETTLEMENT FUND. If you have not yet received the full printed Notice of Class Action Settlement (the “Notice”) and a Proof of Claim and Release form, you may obtain copies of these documents by identifying yourself as a member of the Class and requesting those documents from: Gilardi & Co., Richard Stevens, et al., v. GlobeTel Communications Corp., et al., P.O. Box 990, Corte Madera, CA 94976-0990 [phone]. Inquiries regarding the Class or this Action, other than requests for the Notice and Proof of Claim and Release form, may be made to the following Lead Counsel: Lee S. Shalov, Esq., or Thomas G. Ciarlone, Jr., Esq., Shalov Stone Bonner & Rocco LLP, 485 Seventh Avenue, Suite 1000, New York, New York 10018.

http://www.sec.gov/Archives/edgar/data/919742/000114420407063356/v095093_ex99-1.htm