FORT LAUDERDALE, Fla., April 9, 2007 (PRIME NEWSWIRE) -- Following the consummation of the joint venture, No Mas Cables de Mexico S.A. de C.V., with VPN de Mexico S.A. de C.V., GlobeTel Communications Corp. (Pink Sheets:GTEM) introduces a project-specific Web site to provide further information about No Mas Cables de Mexico and the Mexican telephony/Internet market -- www.globetel.net/mexico/index.html. The site will also provide periodic updates to GlobeTel shareholders of the joint venture's progress as GlobeTel's proprietary HotZone 4010 technology is installed in new markets throughout Mexico, and as No Mas Cables rolls out its range of products in these markets.
"We wanted to have a publicly accessible vehicle available for information specific to this project from the beginning, and we believe www.globetel.net/mexico/index.html accomplishes that goal for us," stated Rob Bleckman, director of investor relations, GlobeTel Communications. "Also, we now have a functional and vibrant template from which to build out other project-centric Web sites, which we can roll out as our other projects begin. These will serve as an enhancement to our traditional sites www.globetel.net and www.sanswire.com, which are currently being redesigned to convey our new look and exciting logo."
About GlobeTel Communications Corp.
GlobeTel Communications Corp. develops and provides an integrated suite of telecommunications products and services, leveraging its advances in VOIP and Wireless Access technologies. Individually, each of GlobeTel's business units function as distinct, strong standalone entities; together they form a powerful alliance of human talent and technological innovation resulting in the SuperHub(tm) worldwide VoIP network, Sanswire Stratellite(tm) platform and products enabling simpler, cheaper transmission of voice and data. GlobeTel has historically focused its business development on markets outside of the United States. For more information, please visit: www.globetel.net.
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.