Global Telecom & Technology Enters Strategic Agreement With FiberLight To Strengthen Its Network Access Strategy

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

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 FiberLight, LLC

FiberLight, LLC is an Atlanta-based company with fourteen years experience in creating networks for some of the most demanding customers in the Telecommunications industry. Since its inception in 1993 as American Communications Services Inc. (ACSI), they have installed over 400,000 duct and fiber miles with over 5,300 access points, as well as hundreds of laterals off its backbone. As a leading provider of network infrastructure solutions and strategic network design services, FiberLight designs, constructs and maintains an extensive Fiber Optic Infrastructure for a diverse customer base including local and long distance telecommunications carriers, Internet Service Providers, municipalities, utilities, Fortune 500 enterprises, school systems, local, city, and Federal Government entities. FiberLight fully owns a robust dark fiber network throughout eight primary metro markets - Atlanta, GA; Baltimore, MD; Dallas/Ft. Worth, TX; Houston, TX; San Antonio, TX; Tampa, FL; South Florida; and Washington DC.

 

GTT Media Contact:
JD Darby
+1.703.442.5530
jd.darby@gt-t.net

 

GTT Investor Contact:
Mike Bauer
+1.703.442.5503
mike.bauer@gt-t.net