Additional Funding Provided to GlobeTel Communications

Apr 19, 2007, 01:00 ET from GlobeTel Communications Corp.

    FORT LAUDERDALE, Fla., April 19 /PRNewswire-FirstCall/ -- GlobeTel
 Communications Corp. (Pink Sheets:   GTEM) announced that as of today, it has
 received $750,000 in additional funds from existing investors through the
 exercise of warrants issued in conjunction with a private placement of the
 Company's Common stock in August 2005. Full exercise of all warrants issued
 in conjunction with this round of funding would generate $900,000 in
 proceeds for the Company. The exercise price of the warrants had been
 adjusted from their original exercise price.
     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, stand-alone 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:
     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.

SOURCE GlobeTel Communications Corp.