Subscribe To Our Free NewsLetter

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Wednesday, July 25, 2007

Globetel/Sanswire Teams Up with Elisra Electronic Systems to Create Integrated Airship Solutions

BENE BERAQ, Israel and FORT LAUDERDALE, July 25, 2007 /PRNewswire-FirstCall via COMTEX News Network/—GlobeTel Communications Corp. (Pink Sheets: GTEM), through its specialized airship platform subsidiary Sanswire Networks, and Elisra Electronic Systems Ltd., one of the world’s leading providers of superior, battlefield proven solutions with almost a half-century of experience, today announced that they have agreed to establish working teams with a view to identify domestic US and international defense, law enforcement, emergency and Homeland Security business channels and applications under a teaming agreement.
The teaming agreement calls for the integration of Sanswire’s low and medium altitude SkySat(TM) airships and high altitude Stratellite(TM) airships with relevant Elisra’s Electronic systems and applications.

Peter Khoury, Chief Executive Officer of GlobeTel, stated, “Entering into the Elisra relationship crystallizes a key GlobeTel strategy of building military efficacy by integrating our unique platforms with a world class ISR solutions provider. Our low/mid altitude airships, Stratellite(TM) platforms and our wireless communications systems can be instruments for positive change regarding issues such as homeland security, infrastructure protection and border control. We look forward to working with Elisra, one of the world’s foremost advanced system solutions developers, and to the continued growth of our Company.”

Sanswire Networks President Lt. Colonel Douglas Murch (USA/Ret.) stated, “We at Sanswire consider the opportunity to work with Elisra a testament to our commitment to quality, operational efficiency and excellence, and a high- level recognition of the benefits our proprietary integrated platforms can bring to world-level security solutions.”

About Elisra

The Elisra Group comprises Elisra Electronic Systems Ltd., Tadiran Electronic Systems Ltd. and Tadiran Spectralink Ltd. The Group designs, develops, manufactures, integrates and supports advanced system solutions for air, sea and land deployed in over 40 countries. Major Products: New Generation, Integrated Self-Protection Suites including Multi Spectral EW Payloads with Radar Warning Receivers, Laser Warning System, Passive IR Missile Warning System, Jammers Chaff and Flare Dispensing System for Fighters, Helicopters, Transport Aircraft and MPA. SIGINT Systems, COMINT DF/ ELINT/COMJAM: ISTAR, Airborne, Shipborne, Ground and Aerostat applications. Full C4I Solutions—all Battlefield Command Chains, Battlefield Management and Control including Artillery C4I Systems, Theater Missile Defense including Test Bed, Advanced Search and Rescue Systems, and Data Links for UAVs & Guided Munitions. The Elisra Group is a 70% subsidiary of Elbit Systems Ltd. (Nasdaq: ESLT)

About GlobeTel Communications Corp. and Sanswire Networks

GlobeTel Communications Corp. develops and provides an integrated suite of terrestrial and aerospace telecommunications products and services, leveraging its advances in VoIP and Wireless Access technologies. Sanswire Networks is focused on the construction of the Stratellite(TM) and SkySat(TM) airship platforms, capable of carrying payloads that transmit various types of wireless communications and security solutions. For more information, please visit the GlobeTel websites: http://www.globetel.net, http://www.sanswire.com and http://www.globetelwireless.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 Securities 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, including an ongoing formal investigation by the U.S. Securities & Exchange Commission and delayed filings of quarterly results, any of which could cause the Company’s previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.

SOURCE GlobeTel Communications Corp.

Robert Bleckman of GlobeTel Communications Corp., +1-713-521-2147
http://www.globetel.net

Page 1 of 1 pages


Recent Forum Topics

Author Views Last Post Info
CREG--China Recycling Energy Corp. Retains Grayling Global For Strategic Investor Relations by-now 316 On: 05/13/2008 07:30 am
CMKM Diamonds, Inc. FAQ May 12, 2008 StockP 287 On: 05/12/2008 09:30 pm
HDHL--Hudson Holding Corporation Announces Profitable Fourth Quarter; Fourth Quarter Revenues Up 83% niag 177 On: 05/12/2008 06:25 pm
AVWI-- Announces Letter of Intent for Acquisition Transaction With Jim Palmer Trucking, Inc. Botang 135 On: 05/12/2008 11:19 am
CNOA China Organic Agriculture Signs $4.3 million Sales Contract with Beijing Jingu SilverTrades 176 On: 05/12/2008 09:47 am
Financial Information System Research hollydonkey 225 On: 05/11/2008 04:06 pm
EGVI--Eagle Ventures Announces Record First Quarter Sales for Hydrate2O pennyw 219 On: 05/09/2008 05:46 pm
Lime Energy to Present at the 4th Annual Merriman Curhan Ford CleanTech Conference baron trading 254 On: 05/09/2008 10:37 am
Penny Stocks Otcbb & Nasdaq Scans May 09 Admin(Mike) 446 On: 05/10/2008 08:40 pm
FMNT--Fremont General Corporation Enters Into Definitive Agreement to Sell Its Remaining Mortgage moreno5 186 On: 05/08/2008 03:49 pm
BLFS--BioLife Solutions Announces FDA Master File Acceptance for CryoStor(TM) Pre-formulated Cryopreservation Media baron 340 On: 05/08/2008 07:59 am
QEDC--QED Connect Protects Award-Winning Auto Dealerships From Internet-Based Threats and Enhances Productivity ULL17 122 On: 05/07/2008 09:42 pm
FSRT--FreeStar Technology Corp's Rahaxi Processing Oy Launches Multi-Currency Enabled IP Solution in Denmark OneTrader 189 On: 05/07/2008 11:02 am