Global Telecom & Technology, Inc. Announces Change of Name on the OTC Bulletin Board and Corresponding Ticker Symbol Changes
MCLEAN, VIRGINIA (November 29, 2006) - Global Telecom & Technology, Inc. (“GTT”)
(OTC Bulletin Board: GTLT - News), formerly known as Mercator Partners Acquisition Corp.,
announced today that effective immediately, the company will trade as Global Telecom &
Technology, Inc. on the OTC Bulletin Board, and that its ticker symbols on the OTC Bulletin
Board will also change. The new OTC Bulletin Board symbol for each of the securities is as
follows:
Common Stock: GTLT
Series A Units: GTLTU
Series B Units: GTTBU
Class W Warrants: GTLTW
Class Z Warrants: GTLTZ
About Global Telecom & Technology
Formed in October 2006, following the acquisition by Mercator Partners Acquisition Corp. of all
the outstanding shares of Global Internetworking Inc. and European Telecommunications &
Technology Limited, Global Telecom & Technology, Inc. (“GTT”) (OTCBB: GTLT) is one of
the world’s leading virtual network operators (“VNOs”).
Unlike traditional, network-centric telecom carriers, VNOs do not own the infrastructure upon
which their services are provided. Instead, they design solutions based on their customer’s
requirements, using an optimal combination of telecommunications networks and technologies.
GTT procures, integrates and manages these best-of-breed solutions on its customers’ behalf.
Headquartered in McLean, Virginia and with offices in London, Paris, Dusseldorf, New Delhi,
and New York, GTT provides a global service footprint covering more than 50 countries, and it
has more than 200 customers and in excess of 100 carrier partnerships around the world. For
more information visit the GTT web site: www.gt-t.net.
Forward-Looking Statement
Some of the statements made by GTT in this press release are forward-looking in nature. Actual
results may differ materially from those projected in forward-looking statements. GTT believes
that its primary risk factors include, but are not limited to: developing and marketing new
products and services that meet customer demands and generate acceptable margins; loss of key
customers; negotiating and entering into acceptable contract terms with our suppliers;
attracting and retaining qualified management and other personnel; and competition and other
risks associated with the communications sector in general and the virtual network operator
sector in particular. Additional information concerning these and other important factors can be
found within GTT’s filings with the Securities and Exchange Commission. Statements in this
release should be evaluated in light of these important factors.
GTT Media Contact:
Andrew Goldsmith, Vice President, Marketing
703.442.5530
andrew.goldsmith@gt-t.net
GTT Investor Contact:
Trish Drennan
703.442.5581
trish.drennan@gt-t.net
