MCLEAN, Va., July 24, 2008 – Global Telecom & Technology, Inc. (“GTT”), (OTCBB: GTLT), a leading global Multi-Network Operator, announced today that it has entered a strategic agreement with U.S.-based network provider FiberLight, LLC (“FiberLight”), to provide GTT with high-capacity metro transport in several strategic U.S. markets.

This agreement enables GTT to offer its customers access to FiberLight’s dense metro ring-based network, providing competitive, last-mile connectivity across the United States. FiberLight deploys high-capacity lit and dark fiber services in eight major U.S. metro locations, including Atlanta, Baltimore, Dallas/Ft. Worth, Houston, San Antonio, Tampa, South Florida, and Washington D.C.

The partnership also allows FiberLight to purchase GTT’s connectivity solutions in locations outside of their current fiber footprint. GTT will offer FiberLight its full breadth of WAN solutions and services. GTT has deployed services to customers in over 70 countries worldwide, many of whom terminate traffic in the United States.

“This agreement continues to drive home the value of the Multi-Network Operator,” said Richard D. Calder, Jr., GTT’s president and CEO. “This partnership with FiberLight strengthens our metro access position in several key U.S. markets, while providing FiberLight the benefits of our global footprint. FiberLight’s rapid deployment of high capacity services in competitive U.S. markets further emphasizes GTT’s value in the market place.”

Michael Miller, FiberLight CEO, said, “We are excited about our new partnership with GTT. This agreement gives us instant access to a variety of European markets and, with the expansion of our Wavelength, SONET, and Ethernet services in the metro markets, provides GTT customers with an outstanding network alternative.”

About GTT

GTT is a global network integrator that provides its clients with a broad portfolio of wide-area network and wireless mobility services. With over 800 worldwide supplier relationships, GTT combines multiple networks and technologies to deliver cost-effective solutions specifically designed for each client's unique requirements. GTT enhances client performance through our proprietary systems, comprehensive project management and 24x7 operations support. Headquartered just outside Washington, D.C. in McLean, Virginia with offices in London and Dusseldorf, GTT provides service to more than 300 enterprise, government, and carrier clients in over 70 countries, worldwide. For more information visit the GTT website at www.gt-t.net