MIAMI--(BUSINESS WIRE)--GTEL-- GlobeTel Communications Corp. (OTCBB:GTEL), today announced the launch of MagicPhone Beta Program, the latest VoIP product that GlobeTel has added to its growing line of international, value added IP products and services. GlobeTel will pick 200 hundred Beta Customers from applications provided at the following link http://www.GlobeTel.net/magicphone/. These 200 Beta Customers will receive 500 free calling minutes anywhere in the Continental United States. All calls after the first 500 free minutes will be billed at 2.5 cents per minute and International calls will be billed at the GlobeTel wholesale rates which will be posted on the MagicPhone website http://magicphone.GlobeTel.net. The customers will have to purchase an IP adapter that connects to their Internet service for a one time charge of $79, with a 90-day money back guarantee. After the Beta Program has finished, different plans will be made available for purchase on the MagicPhone website. The service is based on a sophisticated IP adapter and standard telephone that interfaces with the users' Internet service. The IP adapter is paired with a standard local telephone number and a GlobeTel MagicPhone number. Once connected, the calls are routed to GlobeTel's high-quality IP gateways, which will terminate the calls anywhere in the world. Likewise, incoming calls will be routed through the GlobeTel IP gateways, therefore the customers will be able to receive calls, regardless of where they are as long as MagicPhone is connected.
The MagicPhone program allows the customers to:
-- Make free calls to other GlobeTel MagicPhone customers, wherever they may be;
-- Avail of lowest available rates for calls to non-MagicPhone users to anywhere in the world;
-- Bring the MagicPhone IP adapter wherever they travel;
-- Use the MagicPhone as the fixed phone, at home or at the office;
-- Review real-time billing on the GlobeTel MagicPhone website.
GlobeTel will also be rolling out, in February, soft phones that customers may load onto their computer for analog dial-up users and a multi-line MagicPhone IP Box for business users. Timothy Huff CEO of GlobeTel stated: "This is the first of many products and services in the IP marketplace that we will launch this year. We feel it is important to balance our wholesale carrier business with retail customers. Our ability to offer this service world wide with connections to our network Points of Presence (POPs) globally, gives our service quality advantages over players in this market sector. This product will continue to be enhanced over the next several months with new features and services. The IP marketplace has finally reached the level where high quality and cost will start to eat away at the existing, traditional voice provider's customer base."
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.
KEYWORD: FLORIDA INDUSTRY KEYWORD: TELECOMMUNICATIONS E-COMMERCE INTERNET PRODUCT SOURCE: GlobeTel Communications Corp.
GTEL - GLOBETEL COMMS (OTCBB) Date Open High Low Last Change Volume % Change 02/02/04 0.1130 0.1330 0.1110 0.1290 +0.0150 12352264 +13.16%
Composite Indicator Trend Spotter (TM) Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy 20-Day Average Volume - 17450721
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 17643947
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 11399158
Overall Average: 96% - Buy
Price Support Pivot Point Resistance
0.11 0.10 0.12 0.13
Click on the indicator for a graphical interpretation of the result or visit the Learning Center for more information on the studies
GTEL to Begin Trading on the Berlin Stock Exchange
***
High-Tech Writers / Business Editors MIAMI--(BUSINESS WIRE)--GTEL GTEL.BE-- GlobeTel Communications Corp. (OTCBB:GTEL) announced today that it has been granted permission to trade its shares on the Third Market Segment of the Berlin Stock Exchange and will begin trading immediately. The German securities code: (WKN) will be 894402. The Berlin Exchange listing is expected to allow German and European investors to obtain GTEL shares in a less problematic manner and should provide substantially improved liquidity in the company's common stock. Investors can view activities under the stock symbol GTEL.be (http://finance.yahoo.com/q?s=gtel.be) and the shares are expected to begin trading at about .14 Euro per share. Timothy Huff, CEO of GlobeTel, stated that there has been strong interest in the company's stock in Europe since the company expanded operations into the UK and Germany in late 2003. Mr. Huff commented, "We look forward to trading on the Berlin Stock Exchange. The Exchange offers the European investors the opportunity to invest in the company. We are striving to enhance our product visibility in Germany and expand our corporate presence to a broader financial community in Germany. We believe this Cross-Border listing will assure that our compelling story reaches a much larger European audience." GlobeTel is a facilities-based carrier that utilizes state-of-the-art VoIP technology and is established as a full service international telecommunications company offering a full array of communications services in the world markets, primarily involving Internet Protocol technology. GlobeTel has established telecommunications facilities in New York, Miami, Los Angeles, Germany, the UK, Mexico, Malaysia, Australia, Brazil, Venezuela and the Caribbean. In December 2003, GlobeTel was ranked 27th on the 2003 Deloitte's Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. 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. KEYWORD: INTERNATIONAL EUROPE FLORIDA INDUSTRY KEYWORD: TELECOMMUNICATIONS E-COMMERCE INTERNET SOURCE: GlobeTel Communications Corp. CONTACT INFORMATION: GlobeTel Communications Corp., Miami Jerrold R. Hinton, 305/579-9922 Email: shareholder@GlobeTel.net
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding. WESTON, FL -- (MARKET WIRE) -- 02/03/04 -- Wall Street News Alert's "stocks to watch" this morning are: LocatePLUS Holdings Corp. (OTC BB: LPLHA), GlobeTel Communications C (OTC BB: GTEL), e-FoodSafety.com (OTC BB: EFSF) and HiEnergy Technologies, Inc. (OTC BB: HIET). Aggressive investors should take another look at LocatePLUS Holdings Corp. (OTC BB: LPLHA) this morning! Yesterday after the markets closed, the company issued a press release announcing that it has joined the Sprint PCS Application Developer Program, in order to scale up the Company's development of wireless product delivery options! This could be good news for investors! According to the press release, LocatePLUS CEO Jon Latorella stated, "As we incorporate new, robust data sets into our database that increase its size and breadth of use, we remain focused on expanding into more user-friendly delivery options. With our wireless, handheld product AnyWhere(TM) generating sequential revenue increases, we plan to continue to capitalize on this high-growth business segment. Over the past several months, we have joined three wireless developer's programs, Motorola, Nextel and now Sprint PCS, enabling us to tap into the telecommunications expertise and international sales channels of established leaders. By joining these developer programs, we can pursue additional market opportunities within the high-growth wireless industry in order to maximize our revenues and future earnings potential." The Sprint PCS Application Developer's Program offers the technical tools and resources to develop and test wireless applications that will operate on the Sprint PCS nationwide all digital network. In addition to developing wireless applications, Sprint PCS is dedicated to assisting developers by offering a sales channel in which applications can be distributed and monetized. Information provided includes SDKs, Wireless Java Toolkits, J2ME APIs, Style Guides, Phone Specifications, XHTML & WML, and Content Rendering. PCS Content Connection(SM) offers a channel through which a developer can submit J2ME, XHTML, Palm and Pocket PC applications for evaluation. If you are unfamiliar with the company, LocatePLUS is an industry-leading provider of public information and investigative solutions that are currently being used in homeland security, anti-terrorism and crime fighting initiatives. The company's proprietary, Internet-accessible database is marketed to business-to-business and business-to-government sectors worldwide. LocatePLUS' customer base exceeds 13,500 members, including over 2,000 law enforcement agencies, as well as many major police departments across the country. Clients include many of the nation's leading agencies, such as the FBI (Federal Bureau of Investigation), ATF (Bureau of Alcohol, Tobacco, Firearms and Explosives) and DEA (Drug Enforcement Administration). Channel partners include Loislaw, Earthlink and Imaging Automation. The company is one of the fastest growing business-to-business and business-to-government providers of public information, and estimates that it has information on nearly 98% of the adult population and data entries relating to approximately 205 million individuals in the United States -- maintained in one of the largest and most comprehensive XML data sources of its kind, capable of national delivery. Keep your eye on this one! The stock closed yesterday at Fifty-Seven cents a share. Stocks showing interesting activity yesterday were: GlobeTel Communications C (OTC BB: GTEL) up 31.5% on 40.3 million shares traded, e-FoodSafety.com (OTC BB: EFSF) up 15.4% on 1.3 million shares traded and HiEnergy Technologies, Inc. (OTC BB: HIET) up 6.8% on 715,100 shares traded. Commentary: "According to the Wall Street Journal, investors put $153 billion of new cash into the stock funds of mutual funds in 2003, the best showing since 2000. However, much of the money went into relatively conservative funds," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com. WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 13 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button. *** Wall Street News Alert is not affiliated with faxes bearing the names Wall Street Stock Alert or Wall Street News Alert!*** Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks. This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. (WSCF has been previously compensated Twenty Thousand Dollars for coverage of LocatePLUS Holdings Corp. (OTC BB: LPLHA) AND has recently (1/12/04) been compensated Fifty One Thousand Seven Hundred and Fifty Dollars, by a third party (National Financial Communications Corp), who is non-affiliated and may hold a substantial position in the stock, for services provided including dissemination of company information in this release. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock. In this case, WSCF has not received any shares of stock. Market commentary provided by Sonja Rudd. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements. Contact Email: info@wallstreetnewsalert.com URL: http://www.wallstreetnewsalert.com Company: Wall Street News Alert
GTEL - GLOBETEL COMMS (OTCBB) Date Open High Low Last Change Volume % Change 02/03/04 0.1520 0.1520 0.1320 0.1380 -0.0120 16589777 -8.00%
Composite Indicator Trend Spotter (TM) Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 19016035
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 18424738
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 11748689