Article: GlobeTel Communications Reports Fiscal 2005 Results.

FORT LAUDERDALE, Fla. -- Seventh graph, second sentence, link should read: http://www.globetel.net/about/letter033106.html (sted http://www.globetel/about/letter033106.html).

The corrected release reads:

GLOBETEL COMMUNICATIONS REPORTS FISCAL 2005 RESULTS

GlobeTel Communications Corp. (AMEX:GTE) reported its results for the fiscal year ended December 31, 2005.

For the year ended December 31, 2005, GlobeTel reported gross revenues of $81,143,838, an increase of 179.8% over gross revenues of $28,996,213 for the prior year ended December 31, 2004. The revenue increase is attributed primarily to increases in wholesale carrier traffic ...

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