Sanswire's successful proof-of-concept demonstrations last week in Atlanta provided the Company with additional information that it will use to launch its first Stratellite into the stratosphere. The Company plans to announce its construction and launch schedule within the next two weeks.

Sanswire successfully demonstrated the wireless communications capabilities of the Stratellites during a two-day event last week at the Company's Atlanta headquarters. In order to best replicate the high-altitude flying conditions of its Stratellites, Sanswire mounted its wireless transmission platform on a specialized, high-altitude jet copter that was held in one geostationary position at an altitude of nearly three miles above the demonstration area.

The first of the two-day event was a private demonstration for Sanswire's international partners. Day two was open to the public and media. A series of antennas were mounted to the platform that received a wireless signal from an earth station and retransmitted the live signal to the demonstration area on the ground, allowing the Company to demonstrate the voice and data capabilities of the high-altitude wireless platform. The GPS guidance system was tested by using the system to guide and provide a holding coordinate for the aircraft.

"It's very difficult to simulate an airship flying at that altitude," said Michael K. Molen, CEO of Sanswire Networks. "We chose the high-altitude jet copter because it was able to function just like the Stratellites will, providing us with a great look at what we are up against. Also the jet copter was able to take the package to a much higher altitude than what we were originally planning on. The wireless proof-of-concept tests proved that this kind of platform has the capability of changing the face of wireless. We couldn't have been more pleased with the results. The successful tests and the financial support we are receiving from GlobeTel have allowed us to revisit our timeline for putting an airship in the stratosphere."

A Stratellite is similar to a satellite, but is stationed in the stratosphere rather than in orbit. At an altitude of only 65,000 feet, 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. Several Stratellites linked together could cover many hundreds of thousands of square miles. The Stratellite will allow subscribers to easily communicate in "both directions" using readily available wireless devices. In addition to voice and data, proposed telecommunications uses include cellular, 3G/4G mobile, MMDS, paging, fixed wireless telephony, HDTV, real-time surveillance and others. To learn more about the Stratellites, visit Sanswire Network's website at http://www.sanswire.com.

Safe Harbor Statements

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.

SOURCE: Sanswire Networks, LLC

Sanswire Networks, LLC, AtlantaMichael K. Molen, 678-318-3466mmolen@sanswire.com

Currently GTEL's TXT card product provides wireless access to international calling card services via SMS messaging. However, new developments announced today will integrate TXT card features into GlobeTel's Stored Value Program directly as well as provide the ability to process financial transactions wirelessly, such as bill payments and money transfers.

Customers will be able to purchase low cost international calling cards or transfer money overseas via their cell phone as well as access many types of prepaid information services.

Premium content products and services, new calling card features like mobile conference Connect, and access to the lowest cost calling plans, independent of country location, are planned developments.

GTEL also announced new partnerships in the US with SMSaging and Movil1, who are SMS and Wireless specialists, who will partner with GTEL to provide the technical support needed to launch these initiatives in the US and UK in the 4th Quarter 2004.

These new products and applications will replace and enhance the initiatives announced earlier this year that were to be produced by Hybyte and Chris Tooley in the United Kingdom.

About GlobeTel Communications Corp.

GlobeTel is an IP solutions/applications based company. Although international carrier termination business is the base and the beginning of the Company's services, GlobeTel's goal is to provide strategic advantages to commodity telecommunications based products. This will be accomplished by taking such products as voice termination, prepaid calling cards, store valued debit cards and IP adapters and providing them with unique market advantages through the deployment of unique software and the deployment of IP platforms, including Sanswire's Stratellites. In each of these cases, GlobeTel has developed unique approaches that give the Company market advantages worldwide.

About SMSaging

SMSaging, Inc. provides products and services that enable content providers and other businesses to implement technology to distribute and manage their applications via SMS and PSMS. The Company's operations are comprised of two business segments: bulk delivery, and content distribution and billing services. The bulk delivery services segment provides software systems, data processing and related equipment and services. SMSaging's content distribution and billing services division provides application development, database management, transaction capture and settlement, as well as other processing services. Both segments serve a global base of clients.

Movil+ has developed an application gateway WiBix capable of transmitting data from any kind of information server to mobile devices using a connection based on SMS, MMS or WAP standards. Movil+ provides under the agreement with GTEL SMS gateway software and applications to interact with the Magic Money platform.

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.

SOURCE: GlobeTel Communications Corp.

Today’s Candlestick Patterns:
Hammer

Today a Hammer formed. The bears drove the price down, but the bulls were able to mount a rally and the close was relatively strong. Be careful, the bears are weakening and the bulls are gaining strength!

http://www.*************.com/Default.asp

quote:

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Originally posted by gtel:

I guess the link did not show up it is at the *************.com

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quote:

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Originally posted by gtel:
As I stated before this remains a hold. I am picking up shares when I can. Alot of good PR has come out lately and it has shown positive effect on the pps. With a little patience we will see our money grow beyond our wildest dreams!!!! GO GTEL!!!

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JMHO

Molen acknowledged that an earlier design didn’t draw enough energy from the sun’s rays during the day to power the propellers that maintain the airship’s position and run the onboard electronics after dark. But its latest design, which is reminiscent of a whale, yielded much more skyward-facing surface, 5400 square meters, and so, more energy [see illustration].

Based on its technical progress, Sanswire, which is a subsidiary of GlobeTel Communications Corp., Pembroke Pine, Fla., has been busy working out agreements with communications companies in Australia, Europe, South America, the Caribbean, and Russia. Molen told Spectrum that the Australian government is serious about its push to provide broadband access to its 20 million residents. The fact that Australians are spread over an area roughly the size of the United States makes landlines and even terrestrial wireless base stations impractical, and the government is highly motivated to take a chance on something unorthodox, he says.

GTEL Shareholder Meeting
First, as expected, all of the items in the proxy that were recommendations of the BOD passed.

Tim Huff
-BOD will make a decision in the very near future as to which exchange they will try to move to. (Leaning towards the AMEX)
-Goal is to be on the new exchange in Q1 of 2005.
-We are on track to do 50 to 60 million in Q4 of 2004.
-Any revenue guidance todate does not include any revenues from Sanswire
- The 15 million in capital was broken down as follows:
- 10 million for the magic money card for two operating locations, South America and Miami. Expect another location in the asian market
- 5 million for operating cash

Leigh Coleman,
-We will see some annoucments over the next week or two about 3 to 4 major contracts that have been signed.
-GTEL's Stored money card, todate, is the only card that can be used on an international basis for charge, telephone and remittenance.
-There is more opportunity for the stored money card now then they can handle.

Mike Molen (Sanswire)
-The test in January will be with a vehicle that is 1/5th of the full size model.
-The test will be conducted in Southern California and part of the testing will be open to the public.
-The US Gov will be heavily involved with the January testing.
-Other countries have expressed a great deal of interest. MIke said he gets on average 6 inquires a week from different governments and the private sector.
-It will take the ship 3 hours to get into position and 3 hours to bring it back
-I asked Mike about projected revenues and he stated that when talking with the financial community that they have been very conservative. Using only 1/4th of a very conservative estimate.

The meeting lasted about two hours total. I felt as though the Q and A portion could have lasted longer, however, Tim, Leigh, Mike and others were willing to stay around to answer a few more questions on a one on one basis.