MIAMI, Nov. 6, 2003 (PRIMEZONE) -- Globetel Communications Corp (OTCBB:GTEL), today announced the appointment of Leigh Coleman as President of GTEL and also the addition of Mark Stewart to the Board of Directors.
GlobeTel's CEO, Timothy Huff, in concurrence with the Board of Directors, appointed Mr. Coleman as President, replacing Dr. Jerrold R. Hinton, who has been President of GlobeTel and its predecessor for the past eight years. Dr. Hinton will continue to serve on the Board of Directors of GlobeTel.
Mr. Coleman was previously CEO of Tennyson Networks, Ltd., an Australian public telecommunications company. He successfully established partnerships and joint ventures for American, Japanese, Danish, Dutch and Australian companies. He was also CEO of a major division of an internationally recognized Dutch public company with substantial operations in the United States.
Mr. Stewart is currently the Chief Executive and Director of Advantage Telecommunication Ltd. He has held various senior director and management positions at British Telecom, Cable & Wireless (C&W), Hong Kong Telecom, IXC and Storm Telecom in an international telecommunications career spanning over 23 years. More of Mr. Stewart's experience and background can be viewed on the GTEL website at www.globetel.net.
Timothy Huff, CEO of GlobeTel stated, "As we continue to grow and implement our strategic plans, the addition of Leigh and Mark strengthens our management staff and allows us to better facilitate our plans and goals. We welcome them into the GlobeTel family of professionals."
Mr. Coleman stated, "I am excited by the three-year vision and plan set forth by GlobeTel and believe my experience in the U.S. and international markets will be advantageous and synergistic with the opportunities afforded in GlobeTel. I am excited about the challenges we will be facing and look forward to being part of the GlobeTel team."
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.