SOURCE: Global Gateway Media & Communications, Inc.

February 16, 2010 09:15 ET

Global Gateway Inks Agreement With TV Telemarketing

LOS ANGELES, CA--(Marketwire - February 16, 2010) - Global Gateway Media & Communications, Inc. (PINKSHEETS: GGMC) announced today that its subsidiary Speedia Media, Inc. has signed an agreement with TV Telemarketing to broadcast TV Telemarketing's products, which include watches, electronic items and novelties, on TM Shopping Network Channel from its Los Angeles studio. "We will be producing and airing two hours of shopping network content on a daily basis from our Los Angeles studio employing professional hosts and models to exhibit, present and market TV Telemarketing's products," said Dr. Alex Parsinia, CEO. "We are very excited about the progress and expansion of our TM Shipping Network. In addition, we are in the process of designing and launching our comprehensive interactive full E-commerce web site to complement our shopping network," he added.

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 owns and broadcasts various programs from its own TV studio in Los Angeles, CA. The company's Satellite TV broadcasts, "Talk Money TV" and "TM Shopping Network," reach nearly 10 million potential viewing households in the US, Canada, and Mexico, as well as Central America. Through its strategic alliances, the Company's IPTV program has a global reach.

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.

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    Global Gateway Media & Communications, Inc.
    Dr. Alex Parsinia
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