MIAMI--(BUSINESS WIRE)--April 5, 2005--GlobeTel Communications Corp. (OTCBB:GTEL) today announced that its wholly-owned subsidiary, Sanswire Networks, LLC (Sanswire), will be unveiling its prototype high altitude airship, Sanswire One, in California on April 12, 2005 as previously announced. The unveiling will be held between 2 p.m. and 4 p.m. Interested shareholders and other parties should arrive at the San Bernardino Hilton (909-889-0133) before 1:30 p.m., where they will be shuttled by bus to the Sanswire construction facility, returning at approximately 4.00 p.m. People who wish to attend should register by sending a confirmatory email to registration@sanswire.com. For more information interested parties should contact Leigh Coleman at lcoleman@globetel.net. According to Timothy M. Huff, CEO of GTEL, "Sanswire One has undergone a significant construction program since February 22, when we held our Technology Summit in San Bernardino. Sanswire One marks the beginning of an exciting phase in the development of the Company's high altitude platform program. At the unveiling, we will answer questions concerning the airship construction and performance. We will also give an updated timeline to the future events of Sanswire One." Soon after the unveiling, Sanswire One will be moved to Edwards Air Force Base where the actual launch will take place. Mr. Huff stated, "Our plans are to launch at Edwards AFB, under the direction of NASA and the Air Force. Each agency will have to approve the flight plan before the launch date. By launching it from Edwards, we will be using non-FAA regulated air space which should expedite the flight safety approval process. Until the launch date, we will be doing ground base test and begin the process on the construction of Sanswire 2, the 400-foot long commercial airship. Sanswire 2 will be constructed in our new facilities near Edwards AFB." A public announcement will be made on April 13 to give an update for those who couldn't attend the unveiling which will include pictures of Sanswire One. For more information, please go to http://www.sanswire.com.
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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