SOURCE: Global Gateway Media & Communications, Inc.

January 11, 2010 09:15 ET

Global Gateway Launches Second Phase of Its TM Shopping Network

LOS ANGELES, CA--(Marketwire - January 11, 2010) - Global Gateway Media & Communications, Inc. (PINKSHEETS: GGMC), formerly Zcom Networks, Inc., announced today that it has commenced broadcasting a new phase of its TM Shopping Network which included fine arts and accessories from its Los Angeles studio. The fine arts and accessories were supplied to Global Gateway through an agreement reached between the Company and one of the largest importers of fine arts and accessories on the West Coast. "We produced and aired more than three hours of TM Shopping Network content from our Los Angeles studio employing professional hosts and models to exhibit, present and market our products. Within this segment, we offered fine arts and accessories ranging in price from about $75 to $1,400," said Dr. Alex Parsinia, CEO. "We have incorporated an average of 35 to 40% gross margin build into our products marketed in the TM Shopping Network. We will be exhibiting other products such as fine jewelry, kitchen items, novelty items, clothing as well as other exciting products," he added.

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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 broadcast, "Talk Money TV," and "TM Shopping Network" reaches 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. 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.

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