Wednesday, April 16, 2008

Global Telecom & Technology Selected By iCORE Networks For Data Services.

MCLEAN, Va.--(BUSINESS WIRE)--Global Telecom & Technology, Inc. (“GTT”), (OTCBB:GTLT), a leading global Multi-Network Operator (MNO), announced today that iCORE Networks (iCORE), a premier provider of hosted Voice over IP (VoIP) and managed communications services, has signed an agreement to purchase data networks from GTT to strengthen its core network infrastructure. The multi-year deal will enable iCORE to deliver VoIP services to its expanding base of customers in the United States and Canada.

GTT Hub ServiceSM, a private line offering designed to provide multiple connections from a central location, will allow iCORE to connect customers from distant locations to its secure hosted facility in Ashburn, Virginia. GTT Hub ServiceSM also gives iCORE the flexibility to add customer-supporting connections “on the go,” extending its network reach in lock step with the needs of its customers.

“iCORE is rapidly expanding its business, and our customers demand cost-effective and reliable telephony services,” said Bruce Simms, iCORE’s executive vice president of operations. “GTT Hub ServiceSM gives us the reliability and flexibility we need to meet the customer demands of today, with room to grow for the future.”

“We are very excited to partner with iCORE,” said Richard D. Calder, Jr., GTT’s president and CEO. “GTT Hub ServiceSM provides security and scalability at competitive prices - a powerful combination for any business. As a Multi-Network Operator, we continually work with our suppliers to create innovative and integrated products for our customers.”
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