SOURCE: Zcom Networks, Inc.

December 02, 2009 09:00 ET

Zcom Announces Restructuring and Acquisition

LOS ANGELES, CA--(Marketwire - December 2, 2009) - Zcom Networks, Inc. (PINKSHEETS: ZCNW). In order to place Zcom in a strong strategic position for further M&A activities and to achieve further growth and earnings, management today announced that it has effected a reverse split and a name change. Our new name is Global Gateway Media and Communications, Inc. Effective as of December 2, 2009 our new symbol will be (PINKSHEETS: GGMC). Further, company has acquired a state-of-the-art, turn-key, digitally based television studio located in the heart of the Los Angeles media hub. With this acquisition Global Gateway will be offering programming on a 24/7 basis via satellite and cable. "This acquisition marks a major step in the growth of Company and provides a strong basis upon which Global Gateway is looking to significantly grow revenue and income," said Dr. Alex Parsinia, CEO. "Our strategy is to offer a variety of focused programming for targeted demographics in order to boost viewership quickly with shows that generate advertising revenue and/or profits from the sale of goods," Dr. Parsinia continued. Among the first will be home shopping shows for a number of products, including opportunity buys, specialty products, home products, and more. Other shows for targeted demographics include Company's "Talk Money TV" program. Additional programming is set to be put in place shortly.

For more information, visit and

About Global Gateway Media and Communications, Inc.

Global Gateway Media and Communications, Inc. is a multi-industry company. Through its subsidiaries and holdings, it has two core businesses: Media Broadcasting and Telecom. 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 total potential viewing households in the US, Canada and Mexico as well as in Europe, Asia and Australia. In the Telecom Sector, Company offers voice and data termination services to wholesale and retail customers for both fixed and fixed to mobile platforms with interconnectivity through VOIP, TDM, E1, or 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.

Contact Information

  • Contact:
    Global Media Gateway and Communications, Inc.
    Dr. Alex Parsinia
    Email Contact