Grabbed a few of the GTLTZ (2012 exp @ $5) warrants when they slipped to .0081 last week. Apparently the quarter came in a bit under expectations, but I notice they are promoting the stock a bit with a decent presentation and business summary in with the SEC filings.
This was out yesterday:
DITCO Selects Global Telecom & Technology to Strengthen US Government's Internal Network Infrastructure
Sep 30, 2009 5:34:00 PM
Copyright Business Wire 2009
MCLEAN, Va.--(BUSINESS WIRE)-- Global Telecom & Technology, Inc. ("GTT"), (OTCBB:GTLT), a leading global network integrator, announced today that the Defense Information Technology Contracting Organization (DITCO), the contracting arm of the Department of Defense (DoD)'s Defense Information Systems Agency (DISA), has purchased point to point connectivity services from GTT to support their internal network infrastructure.
DITCO has purchased dedicated connectivity solutions to augment its network capabilities in the United States.
"We are pleased to partner with DITCO," said Richard D. Calder, Jr., GTT's president and CEO. "We continue to reach out to the government sector and provide technology solutions that are consistent with our value proposition as a global network integrator."
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.
About DITCO
DITCO-Scott (PL8)'s mission is to procure global net-centric capabilities to support our customers in the continental United States through innovative contracting. DITCO is responsible for the procurement of commercial Information Technology (IT) services and equipment required by DoD agencies and other U.S. Government agencies. DITCO Scott's procurement responsibility is worldwide in scope. For further information go to: disa.mil.
Source: Global Telecom & Technology, Inc. (GTT)
----------------------------------------------
GTT Media Contact:
JD Darby
+1-703-442-5530
jd.darby@gt-t.net
or
GTT Investor Contact:
Eric Swank
+1-703-442-5529
eric.swank@gt-t.net |
