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Global Gateway Media & Communications, Inc.: Global Gateway in Negotiation to Deliver Content on IPTV

^{Published on 2009-12-28 06:30:26 - Market Wire}
 

LOS ANGELES, CA--(Marketwire - December 28, 2009) - Global Gateway Media & Communications, Inc. (PINKSHEETS: [ GGMC ]), formerly Zcom Networks, Inc., announced today that its wholly owned subsidiary Speedia Media, Inc. is in negotiation to finalize an agreement with a company to deliver its content over Internet Protocol (IP) using a technology referred to as Internet Protocol Television (IPTV).

IPTV is a system in which a digital television signal is delivered using Internet Protocol over a network infrastructure, which may include delivery by a broadband connection. Viewers have access to digital international TV and radio channels through their television sets, desktop computers or laptops. This unique technology uses a two-way digital broadcast signal which converts data requests into video content for end users.

"We are very excited about this unique and exciting project. By harnessing the power of IPTV, we will be able to expand our viewership globally. Our viewers will be able to watch our programs anywhere in the world by connecting this IP device to their television sets, desktop computers or laptops," said Dr. Alex Parsinia, CEO of Global Gateway.

For more information, please [ www.globalgatewaymedia.com ]

[ www.talkmoneytv.com ]

About Global Gateway Media & Communications, Inc.

Global Gateway Media & Communications, Inc. is a media and communications focused company. Through its subsidiaries and holdings, it has two core businesses: Media Broadcasting and Telecom. The Company offers radio and video content delivered live and on demand over the internet. Audiences can access programs 24 hours a day, seven days a week, directly or via podcast. The company's Satellite TV broadcast, "Talk Money TV," reaches nearly 10 million viewing households in the US, Canada, and Mexico, as well as in Europe, Asia, and Australia. In the telecom sector, the Company offers voice and data services to wholesale and retail customers for both fixed and fixed to mobile platforms with interconnectivity through state of the art access methodology such as VOIP, TDM, E1, as well as through traditional interfaces.

Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.