SOURCE: Flint Telecom Group, Inc.

Flint Telecom Group, Inc.

December 06, 2010 13:55 ET

Flint Telecom Prepares for Shipment of First Mobile Handsets in Q1 2011 With Addition of 2 New Key Executives

OVERLAND PARK, KS--(Marketwire - December 6, 2010) - Flint Telecom Group, Inc. (http://www.flinttelecomgroup.com) (OTCBB: FLTT), an International Telecoms Technology and Services Organization, today announces that it has recently obtained the services of two industry experts to ensure the successful launch of Flint Mobile into the rapidly growing U.S. Prepaid Wireless Communications market. Flint Telecom will offer nationwide cell phone services -- including Voice, Text and Data -- as an MVNO (Mobile Virtual Network Operator).

Mr. Jeremy Gies has over 10 years of executive management experience with AT&T Wireless, from a total of 16 years in the wireless industry. Mr. Gies was most recently the CEO of telSPACE, a leading enabler of MVNO technology and services, allowing fixed line phone companies, cable and other operators to develop and offer wireless services to their customers.

Garth Billstin: Most recently the VP of Business Development at telSPACE is a 16-year veteran of the technology and communication sectors. Mr. Billstin was responsible for the company's strategic partner relationships. As an infrastructure expert, Mr. Billstin will ensure that operations in Flint's pre-paid sector run smoothly. Previously Mr. Billstin was director of International and North American Sales at Appian Graphics. During his tenure with Appian Graphics, Mr. Billstin won contracts with many fortune 500 companies.

Together, they will manage all aspects of Flint Mobile's launch into the rapidly growing U.S. prepaid wireless market that is slated for the first quarter of 2011. Prepaid services are now viewed as a growing and increasingly valuable segment in the U.S. wireless communications market. Ovum, a leading international research firm predicts that by 2015 the total mobile revenue in North America will be $208 Billion, $52 Billion of which will come from Prepaid. The current prepaid market is estimated at $41 Billion.

Bernie Fried, President and COO of Flint Telecom Group commented, "We are extremely pleased to welcome Jeremy and Garth to our team. They bring a wealth of experience from the wireless industry and particularly the MVNO segment that Flint Mobile operates in. These additions will ensure that we can achieve our aims more quickly while ensuring that our customers receive the highest quality and value from the exciting plans we have designed. With our calling plans, customers will be able to call over 25 countries at domestic calling rates. When we combine the financial processing capabilities of our recent acquisitions, Flint will join the ranks of leading operators offering mobile payments in 2011."

About Flint Telecom Group, Inc.
Flint Telecom Group Inc. is a fast growing Telecoms Technology Organization with a portfolio of companies that deliver next-generation IP communications Products and Services. The Company was founded by telecom and technology entrepreneurs with a proven track record in building global technology companies. Flint Telecom has grown both organically and through corporate activity and is traded on the OTC Bulletin Board® (OTCBB) under the ticker FLTT.OB. Additional information may be found at www.flinttelecomgroup.com

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