Continental AG Selects Global Telecom & Technology (GTT) for North American Mobility Solution Expansion
German Multi-National Leverages GTT’s Global Reach, Multi-Carrier Approach
MCLEAN, Va., and London, U.K., January 16, 2007 – Global Telecom & Technology, Inc.
(“GTT”), (OTCBB: GTLT), a global Multi-Network Operator (MNO), today announced that
Continental AG (“Continental”), (GR: CON), one of the world’s leading manufacturers of
automotive parts, has awarded a contract to GTT to extend its managed mobility platform to its
North American Telematics facilities with Continental’s global managed mobility platform
provided by GTT earlier this year .
The contract is the latest in a series of recent projects GTT has undertaken for the German-based
multi-national corporation and is representative of the contracts GTT is targeting because it
leverages GTT’s expertise in mobility, data connectivity and carrier-neutral solution design.
Mike Keenan, Chief Executive Officer of GTT, commented, “For global enterprises such as
Continental, we have grown by proving ourselves through a few initial projects that are smaller in
scope and then gaining credibility. The reward in such cases is additional business for GTT.
GTT’s services are ideal for enterprises such as Continental as they provide carrier-neutral and
technology-neutral solutions and then take the service one step further than most alternative
providers – after provisioning, we manage the mobility services end-to-end on our customer’s
behalf.”
The award comes shortly after GTT formed as the result of the combination of U.S. based Global
Internetworking and U.K. based European Telecommunications & Technology. The new service
to be provided to Continental is the result of a joint effort between GTT’s U.S. and European
operations in which the solution design was developed using GTT’s proprietary network design
and pricing software, CMDTM. This latest award builds upon an existing contract between
Continental and GTT’s Europe, Middle East and Asia (EMEA) business unit.
Chris Britton, GTT’s Executive Vice President for Europe, Middle East and Asia, said, "Coming
less than 90 days after GTT was formed, this win demonstrates we are building a better kind of
service provider – one that offers enterprise customers world-class account support on a global
scale and delivers end-to-end, carrier-neutral solutions built around their business requirements. I
am very pleased to see how our newly integrated company worked together to identify, create and
communicate the service solution to Continental. It is proof that our integration efforts are
working and that the vision we had of global cross-selling is materializing.”
Christian Preiss, Head of Networks and Communications for the Automotive Systems division at
Continental AG said: “Continental depends on the combined global expertise of its employees to
serve its customers, so our enterprise data network is a key enabler of our success. We have been
impressed with GTT’s ability to design and deliver reliable managed enterprise mobility
solutions on a global scale for our users. While we have used GTT for mission critical
requirements in the past, this is the first time that we have turned to them for our North American
requirements for professional travelers and other mobile users.”
About Continental AG
The Continental Corporation is one of the world's leading automotive industry suppliers offering
comprehensive know-how in tire and brake technology, vehicle dynamics control, electronics and
sensor systems with the aim of making individual mobility safer and more comfortable. Around
85,000 employees at present work at more than 100 locations (manufacturing facilities, research
centres and test tracks) in Austria, Belgium, Brazil, Chile, China, the Czech Republic, Denmark,
France, Germany, Greece, Hungary, India, Japan, Korea, Malaysia, Mexico, the Philippines,
Portugal, Romania, Russia, Slovakia, South Africa, Spain, Sweden, Taiwan, Turkey, the UK and
the USA. The corporation is organised into four divisions: Automotive Systems, Passenger and
Light Truck Tires, Commercial Vehicle Tires and ContiTech. The company manufactures tires
for cars, commercial vehicles and two-wheelers, hydraulic and electronic brake systems (ESC,
ABS, TCS), electronic air suspension systems and hybrid drives. Alongside products for the
automotive industry power transmission systems and suspension mounts. The ContiTech division
also manufactures products for machine engineering and mining and for the furniture and print
industries.
For more information please visit the website: www.conti-online.com
About Global Telecom & Technology, Inc.
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 a new
type of service provider: a Multi-Network Operator (“MNO”).
As a Multi-Network Operator, GTT does not own the infrastructure upon which its services are
provided. Instead, GTT designs solutions based on its customer’s requirements, using an optimal
combination of telecommunications networks and technologies. Unlike traditional network
centric carriers, GTT provides best-of-breed solutions by procuring, integrating and managing
components of these various networks on its customers’ behalf. GTT has taken the inherent
advantages of the Multi-Network Operator approach to a new level through a combination of
powerful network design and pricing tools; a global service footprint; a deep and broad set of
strategic vendor relationships; and above all, an expert team committed to delivering outstanding
end-to-end customer service.
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.
Contacts:
Media Inquiries:
Andrew Goldsmith
Vice President of Marketing, Strategy and Business Development
+1 703 442 5500
andrew.goldsmith@gt-t.net
Adriana Cassandro
Corporate Communications Manager, GTT EMEA
+44 (0)20 7029 4801
Adriana.cassandro@gt-t.net
Investor Inquiries:
Tricia Drennan
Director, Investor Relations
(571) 333-5578
tricia.drennan@gt-t.net
