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Re: None

Friday, 02/18/2005 7:29:51 AM

Friday, February 18, 2005 7:29:51 AM

Post# of 157299
fwiw,

Last September Sanswire Australia made Inquiry on Regional Telecommunications Infrastructure for Business

http://www.parliament.vic.gov.au/rrsdc/inquiries/telecommunications/rt_submissions.html


(from SEC filing)
Sanswire, LLC Project

On April 14, 2004, the Company entered into an agreement with Australian based individuals, Michael Terry, E. John Hardy and Robert Johnson to form a new company to be domiciled in Australia. The new company will have the following distribution: GlobeTel - 45%, Mr. Terry - 30%, Mr. Hardy - 12.5% and Mr. Johnson
- 12.5%.

The purpose of the new corporation is to deploy the StratelliteTM technology and other GlobeTel international services in the Australian and New Zealand markets. Messrs. Terry, Hardy & Johnson will undertake initial capital raising to fund the launch of the StratelliteTM technology in Australia while GlobeTel will enter into a license agreement with the new company to provide its StratelliteTM technology and GlobeTel services under terms and conditions agreed upon.

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