SOURCE: Flint Telecom Group, Inc.

Flint Telecom Group, Inc.

October 22, 2010 10:41 ET

Flint Telecom Ranked Number 72 Fastest Growing Company in North America on Deloitte's 2010 Technology Fast 500™

Named the 10th Fastest Growing Company Within the Communication & Networking Industry With a Four Year Revenue Growth of Over 1,800%

OVERLAND PARK, KS--(Marketwire - October 22, 2010) -  Flint Telecom Group, Inc. (OTCBB: FLTTE), an International Telecoms Technology and Services Organization, today announced that it ranked number 72 on Technology Fast 500™, Deloitte's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005-2009. Flint Telecom grew 1800% percent during this period and was also named the 10th Fastest Growing Company within the Communication & Networking Industry.

Flint Telecom's Chairman and Chief Executive Officer, Vincent Browne, commented "We are very excited about this achievement, as it is an honor to be recognized by a third party in such a manner, especially by an organization so highly regarded and respected worldwide as Deloitte & Touche. I am extremely overjoyed on behalf of all the staff and shareholders of Flint Telecom Group. I consider an accomplishment such as this a direct result of their dedication to the Company, and for that I remain eternally grateful."

"Flint Telecom and the other 2010 Technology Fast 500™ winners forged ahead in a challenging economic environment to realize exceptional growth," said Phil Asmundson, vice chairman and Deloitte's U.S. technology, media and telecommunications leader. "Deloitte commends Flint Telecom for this impressive accomplishment."

"Flint Telecom has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500™," said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP.

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

As used in this document, "Deloitte" means Deloitte LLP. Please see for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

For additional detail on the Technology Fast 500™ including selection and qualifying criteria, visit  

This press release contains forward-looking statements, which are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "intends," "believes," and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, risks associated with the integration of businesses following an acquisition and other factors described in the Company's filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

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