ADDING MULTIMEDIA GlobeTel and OnQ Announces Launch of MasterCard Debit Card Into the Australian Market.MIAMI Miami, cities, United States Miami (mīăm`ē, –ə). 1 City (1990 pop. 358,548), seat of Dade co., SE Fla., on Biscayne Bay at the mouth of the Miami River; inc. 1896. -- GlobeTel Communications Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :GTEL) today reinforced its presence in the Australian market with the launch of its latest MasterCard approved stored value card program, Bill Express, through its Australian partner, OnQ, with over 8,000 points of sale throughout Australia. The new prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. debit style product has been
designed to provide a customer with a convenient alternative to cash
that is secure and easy to manage. The Bill Express card can be topped
up at selected retail outlets retail outlet n → punto de ventaretail outlet n → point m de vente retail outlet retail n → and used wherever the MasterCard and Maestro (1) (Maestro NT) An earlier name for scheduling software for Windows NT from Tivoli Systems, Inc. When IBM acquired Tivoli in 1996, the program was renamed IBM Tivoli Workload Scheduler. logos are featured. In announcing the programs, GlobeTel's General Manager in Australia, Phillip Harris said, "The launch of the OnQ Bill Express card is an exciting achievement in terms of our product rollout in Australia. This is the first of many products that will be launched in Australia through our partners in the region and we are very pleased with the process. We are already well advanced in discussions with a number of other Australian companies This is a list of companies from Australia. Many Australian companies have been taken over by foreign interests in recent years, so some of the formerly 'quintessentially Australian' brand names are in fact owned by American or Japanese mega corporations. and partners to develop more card programs." Mr. Hal Christiansen, Managing Director of the OnQ Group of Companies, believes the card has many applications for their customers. "We are excited about the potential of GTEL's Magic Money Card because it offers our clients financial card flexibility and the opportunity to provide greater end value for their customers, and to increase their profitability, particularly customers travelling abroad," he said. More information regarding GlobeTel and the Magic Money card can be found at http://www.globetel.net. About GlobeTel Communications Corp. GlobeTel is an IP solutions/applications based company. Although international carrier termination business is the base and the beginning of the Company's services, GlobeTel's goal is to provide strategic advantages to commodity telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. based products. This will be accomplished by taking such products as voice termination, prepaid calling cards, store valued debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. and IP adapters and giving these products and services unique market advantages through the deployment of unique software and the deployment of IP platforms, including Sanswire's Stratellites. In each of these cases, GlobeTel has developed unique approaches that give the Company market advantages worldwide. About OnQ Group of Companies OnQ Business Systems commenced trading in 1991, supplying business software systems, integration, and installation and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to the Australian petroleum industry. The OnQ Group of Companies specializes in e-Commerce and business solutions through products that provide clients with a "one-stop" shop for multiple solutions, or specific solutions, for specific needs. The OnQ Group strategy overall is to focus on the development of Internet based and electronic commerce solutions for the point of sale interfaces between businesses and consumers. More information about OnQ can be found at http://www.onq.com.au. Certain statements in this release constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Placement 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 which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements. The above are more fully discussed in the Company's SEC filings. |
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