GlobeTel Signs Letter of Intent To Acquire 50% Stake in Recognized Aerospace Innovator TAO Technologies GmbH, Restructures Sanswire


FT. LAUDERDALE, Fla. and STUTTGART, Germany, Sept. 26 -- GlobeTel Communications Corp. (Pink Sheets: GTEM), parent company of Sanswire Networks LLC (Sanswire), and TAO Technologies GmbH, Stuttgart, Germany today announced that the two companies have signed a letter of intent whereby GlobeTel will purchase 50% of TAO, and TAO will be renamed Sanswire-TAO GmbH. The company will be focused on the design, development and production of unmanned aerial vehicles. It is expected that Sanswire-TAO will be based chiefly in Stuttgart, and maintain a presence in both Berlin and California. The acquisition of 50% of TAO follows the October 2005 development agreement between Sanswire and TAO that resulted in the construction and testing of the Sanswire 2A.

The letter of intent calls for TAO and GlobeTel/Sanswire to share sales and marketing rights of various aerial vehicles developed and currently owned by TAO. Additionally, upon closing of definitive agreements, TAO will grant to Sanswire-TAO the respective patents and intellectual property rights covering the products, including the AirChain segmented airship. Sanswire assets, including the 2A Technology Demonstrator Stratellite(TM), are being shipped to TAO's German facility to incorporate design changes based upon flight test data from the ship's test flights, and, specifically, advances made by TAO since the Sanswire 2A was originally designed.

Under terms of the agreement it is anticipated that the principal shareholders of TAO Technologies will sell a 50% interest to GlobeTel for a combination of cash and stock payable over three years. Professor Dr. Bernd Kroplin, founder and President of TAO, will preside over the newly formed subsidiary which will focus on further development of the Sanswire 2A, SkySat(TM), and the AirChain. The companies expect to complete several free flight tests of their aerial vehicles this year as a portion of Sanswire's development and testing is shifted to Germany.

"I'm extremely pleased to work together with Dr. Kroplin and through our joint efforts we expect to rapidly unveil a comprehensive Sanswire-TAO product line which we will immediately demonstrate and market to our technology partners," stated Jonathan D. Leinwand, Chief Executive Officer.

"We are happy to renew our relationship with GlobeTel and Sanswire," said Dr. Bernd Kroplin. "Together we can create airships to take advantage of the expanding market for UAVs."

Mr. Leinwand continued, "Together with TAO we believe in the global sales potential that our products have in a wide array of industries. This is a big step in our newly adopted business plan and the entire GlobeTel team stands proudly with TAO and Dr. Kroplin as we combine to produce some of the best unmanned aerial vehicles in the world."

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: www.globetel.net , www.sanswire.com and www.globetelwireless.com .

About TAO Technologies GmbH
TAO-Technologies GmbH, in cooperation with the University of Stuttgart, led by Professor Dr. Bernd Kroplin is highly regarded throughout the world for research, design, development and flight testing of various designs of aerial vehicles.

Source: GlobeTel Communications Corp.

CONTACT: Robert Bleckman, GlobeTel Communications Corp.,
+1-954-607-1295

Web site: www.globetel.net/
http://www.sanswire.com/

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