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GlobeTel Wireless Announces New Contract to Provide Wireless Networks for Three German Cities

Posted on: Monday, 1 August 2005, 15:00 CDT

GlobeTel Communications Corp. (AMEX:GTE), today announced that GlobeTel Wireless, a division of GlobeTel Communications Corp., has been awarded a contract to install wireless networks in three German cities.

The contract will provide high-speed wireless networks for internet connectivity starting with the town of Kaiserslautern, and continuing with nearby communities. Kaiserslautern is a city of 100,000 people, located 100 miles South West of Frankfurt. Construction of the project is to begin in August 2005.

GlobeTel Wireless will install these first Wireless Networks in Germany as part of the roll out plan to deploy wireless communication networks to non-DSL communities, in identified geographic markets.

Mr. Leigh Coleman, co-president of GlobeTel Wireless stated: "We have had tremendous confidence in the radio technology that we developed for our Stratellites. This technology allows us to deliver a superior wireless product and thus has created an entirely new business unit for us. We are inundated with opportunities for this technology and see this first contract as just the tip of the iceberg for this new business unit."

Several more networks are expected to be installed over the coming months as part of the plan to roll out networks to approximately 140 non DSL Cities in Germany. Expansion plans call for development in other countries in Europe, Africa, Russia, and other geographic markets.

Further network testing is being carried out in other cities, like Russelsheim where advanced wireless networks including WIFI Phones and other mobile devices are currently being tested.

Timothy Huff, CEO of GlobeTel stated: "I am very pleased with this initial contract. This business unit is off and running at a very rapid pace and we look forward to many more business advancements in the near future. This radio technology has many applications and we are pleased that we can capitalize on this as an added revenue and profit center, in our consolidated business."

About GlobeTel Wireless:

GlobeTel Wireless develops, manufactures, and deploys wireless metropolitan systems. The main products are wireless routers, radios and customer premises equipment. HotZone networks are operational in several cities in Europe and in the United States.

About Sanswire Networks, LLC:

Sanswire Networks is a wholly owned subsidiary of GlobeTel Communications Corp., whose shares are publicly traded on the American Stock Exchange under the symbol GTE.

A Stratellite(TM) is a high-altitude airship that, when in place in the stratosphere (approximately 65,000 feet), will provide a stationary platform for transmitting various types of wireless communications services currently transmitted from cell towers and satellites. It is not a balloon or a blimp, but a high-altitude airship with a rigid structure.

The Stratellite(TM) is similar to a satellite in concept, but is stationed in the stratosphere rather than in orbit. Existing satellites provide easy "download" capabilities, but because of their high altitude are not practical for commercially viable "two-way" high-speed data communication. The Stratellite(TM) will allow subscribers to easily communicate in "both directions" using readily available wireless devices. http://www.sanswire.com

About GlobeTel Communications Corp.:

GlobeTel Communications Corp. is a diversified Telecommunications and Financial Services Company. GlobeTel operates business units in Stored Value debit cards, as a certified MasterCard processor, the sale of Carrier grade VOIP of Long Distance to major Long Distance re-sellers, VOIP Technology, Wireless radio technology and development, and high altitude airship research and development. These self-contained business units were developed to operate independently of each other. The symbiotic relationship however, provides value to each of the other business units. This strategy offers GlobeTel financial diversity and risk mitigation while striving toward its operating objectives.

Operating on a global basis, GlobeTel has historically focused its business development on markets outside of the United States. Current operations and business relationships exist in Asia, Europe, South America, Mexico and the Caribbean.

Additional information concerning other areas and topics of GlobeTel can be found on our web site at http://www.globetel.net

Certain statements in this release constitute forward-looking statements or statements that may be deemed or construed to be forward-looking statements within the meaning of the Private Litigation Reform 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. The performance of the new wireless division cannot be guaranteed, there are references that while management believes are probable, and there are no guarantees as to its success. Any reference within this release that refers, or implies a forward-looking statement, is herewith incorporated into this Safe Harbor language. The full terms of the asset acquisition will be included in the Company's required filing.

Source: Business Wire

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