World Surveillance Group Inc (fka WSGI)

[Visiontrack]

Just noticed, Tim gave us all a hint about this deal and maybe more in the last Finincial Report.

Sounds like Russia may just be the first of others!

-- The marketing and deployment of its wireless product, through its subsidiary, GlobeTel Wireless, Inc., is well on its way in several countries.
Timothy Huff, CEO of GlobeTel, stated, "We are pleased to report that we are making significant progress on all fronts and that our goals are now coming into fruition. We continue to emphasize that our losses have been expected as we grow and expand our operations, and we expect to begin our turn-around and have our losses diminished. We expect that as the Company makes it turn-around that there will be full-speed acceleration into profitability."

Good luck to all longs in 2006!!