Globetel/Sanswire Teams Up with Elisra Electronic Systems to Create Integrated Airship Solutions
July 25 2007 - 9:30AM
PR Newswire (US)
BENE BERAQ, Israel and FORT LAUDERDALE, July 25
/PRNewswire-FirstCall/ -- 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.
DATASOURCE: GlobeTel Communications Corp. CONTACT: Robert Bleckman
of GlobeTel Communications Corp., +1-713-521-2147 Web site:
http://www.globetel.net/ http://www.sanswire.com/
http://www.globetelwireless.com/
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