GTEL

Startbeitrag von Hama am 15.12.2004 22:29

Meine GlobeTel Communications Corp. (GTEL) Aktien haben heute 54% zugelegt, seit dem Kauf vor einigen Wochen über 75% ...

...aus dem Stratellite wird wohl doch mal noch was...

[www.sanswire.com]

Antworten:

Hier die Meldung

Press Release Source: GlobeTel Communications Corp.


GlobeTel Announces Article About Stratellite in The Economist Magazine
Wednesday December 15, 8:00 am ET


MIAMI--(BUSINESS WIRE)--Dec. 15, 2004--GlobeTel Communications Corp. (OTCBB:GTEL - News) today announced that its wholly-owned subsidiary, Sanswire Networks, LLC (Sanswire), was featured in the December 4, 2004 issue of the The Economist Magazine.
The article reported that Sanswire will be launching the prototype of its high altitude platform, the Stratellite, and went on to highlight the significant advantages the Stratellite has over the current satellite technology.

The article was sub-titled, " Telecommunications: After years of hype, a new, cheaper way to blanket cities with wireless coverage may finally be about to get off the ground," may be accessed through the following link: [www.economist.com].

Timothy Huff, CEO of GTEL, stated, " We are receiving increased interests in our Stratellite project on a daily basis. As we previously announced, we are having a summit on January 20 and 21, 2005 to create a commercial strategy for the deployment of the Stratellite. We expect to meet with representatives from different branches of the U.S. military, several Latin American telecommunications companies, our Israeli and German technology partners, several corporate concerns and investor groups. This article in The Economist underlines that many are starting to see the great potential of the Stratellite."

A Stratellite is similar to a satellite, but is stationed in the stratosphere rather than in orbit. At an altitude of 10 to 13 miles above the earth, 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.

For more information, please go to [www.sanswire.com].

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.



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Contact:
GlobeTel Communications Corp., Miami
Leigh Coleman, 954-241-0590

von Hama - am 15.12.2004 22:36
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