iCORE Networks Selects Global Telecom & Technology

MCLEAN, Va., Apr 16, 2008 (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 Service(SM), 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 Service(SM) 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 Service(SM) 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 Service(SM) 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."
About GTT
As a Multi-Network Operator, GTT combines multiple networks and technologies to design unique network solutions for its customers. By integrating components of multiple carrier networks, GTT can create the "best network" in a way that no single carrier can. GTT has taken the Multi-Network Operator strategy to a new level, through a combination of powerful network design tools; a global service footprint; a deep and broad set of strategic supplier relationships; and above all, an expert team committed to delivering outstanding end-to-end customer service.
Headquartered just outside Washington, D.C. in McLean, Virginia and with offices in London, Paris, and Dusseldorf, GTT has over 150 carrier partnerships and access to over 100,000 network Points of Presence around the world. GTT provides a global service footprint that supports more than 300 businesses in more than 70 countries, worldwide. For more information visit the GTT web site: www.gt-t.net
About iCORE Networks
Headquartered in McLean, Virginia, iCORE Networks is a Cisco-certified IP provider offering end-to-end hosted VoIP services to small and medium sized businesses. iCORE Networks provides advanced application services focused on businesses' communications needs using Voice over Internet Protocol (VoIP) technologies.