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keithsan
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flying
Posts: 9110 | From: boston, ma | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
JimFungNow
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Press Release Source: GlobeTel Communications Corporation, Inc.


GlobeTel is a `Sleeper' -- As Reported by Larry Oakley, ****************.com
Wednesday May 26, 7:48 am ET


MIAMI--(BUSINESS WIRE)--May 26, 2004--GlobeTel Communications Corporation, Inc. (OTCBB:GTEL - News), a facilities-based carrier of long-distance communications with authority from the Federal Communications Commission to provide International Telecommunication Services, today announced that they have been featured on ****************.com.
In his article, Larry Oakley wrote: "GTEL will probably be the primary instigator in a paradigm shift or event. A paradigm event happens very infrequently. It's the big event in history, or basic improvement in technology, that changes everyone's life. I see it as a sleeper. In the communication industry, there have been several, including cell phones, broadband computer connections, & the advent of satellites. GTEL's paradigm event is its "Stratellite." A Stratellite is similar to a satellite, but is stationed 13 miles up in the stratosphere rather than in orbit 22,500 miles up."

"The Stratellite is a big dirigible. It's about the size of a football field (about 275 feet long). It's unmanned. It's powered by the sun. It stays in one spot relative to the earth's surface, guided by a GPS coordinate system. It takes only about three to four hours to deploy it from the ground."

"At the relatively low altitude of 13 miles, each Stratellite will have clear line-of-site communications capability to an entire major metropolitan area as well as being able to provide coverage across major rural areas. The Stratellite will allow subscribers to easily communicate in "both directions" using readily available wireless devices. In addition to voice & data, proposed telecommunications uses include cellular, 3G/4G mobile, MMDS, paging, fixed wireless telephony, HDTV, & others."

"It would take only about 13 Stratellites to cover the entire U.S."

For Larry Oakley's complete article visit http://www.****************.com.

For more information on GlobeTel Communications Corporation, Inc. visit www.globetel.net or contact Matt Maguire at 407-884-0444 or 1-866 THE APPLE.

Certain statements contained herein are ``forward-looking statements'' (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties actual results may differ materially from those expressed or implied by such forward looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements include but are not limited to, economic conditions, market acceptance of products, risks in technology, and product development.

--------------------------------------------------------------------------------
Contact:
For GlobeTel Communications Corporation, Inc., Miami
Matt Maguire, 407/884-0444 or 1-866 THE APPLE
http://www.globetel.net


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Breezer
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GTEL sounds cool. Paradigm shift -wow.
Anyone know more about contracts?

Posts: 658 | From: Gulf Breeze, Fl 32561 | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
   

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