GlobalTel Ip, Inc. Initiates Trading as Public Company

Boca Raton, FL, November 14, 2005--GlobalTel IP, Inc. (OTC:GIPI.PK), is an international telecom services company specializing in VoIP (Voice over Internet Protocol) call processing services using international sales agents serving international customers. GlobalTel IP, Inc.'s common stock is now listed for trading in the over-the-counter (OTC) market on the Pink Sheets LLC. The initial market maker for the stock is Forge Financial Group, Inc. Steve Williams, Chairman & CEO stated, "This listing is a significant step for GlobalTel IP and may provide us with an enhanced ability to raise capital for our planned expansion into the VoIP marketplace. If we achieve our objectives, we will be able to move from being a development stage company to a self-sufficient operating company. We believe because of the listing of our common stock on the Pink Sheets LLC, we will gain the additional exposure necessary to develop a fair price for our common stock and we plan to explore listing of our shares on the NASDAQ Bulletin Board if we meet its eligibility requirements." The Pink Sheets LLC is the leading provider of pricing and financial information for the over-the-counter (OTC) securities markets. The listing service provides its member companies with products and services to increase their transparency in the market with the mission of making the electronic trading in their stock more efficient for all participants--the issuer, market makers and shareholders. GlobalTel IP, Inc. is an Internet telephony company engaged in international Voice over Internet Protocol (VoIP) origination and termination. Subject to obtaining sufficient capital, the company will continue developing hardware and software for Radio over Internet Protocol (RoIP) communications technology and mass call conferencing services. The company's corporate offices are in Boca Raton, Florida. Communications should be directed to Larry M. Reid at 561-939-3300 or to [email protected]. Statements contained in this press release which are not historical facts are known as forward looking statements as that item is defined in the Private Securities Litigation Act of 1995. These forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from estimated results.