Global Telecom & Technology, Inc. (“GTT”), (OTCBB:GTLT), a leading global Multi-Network Operator (MNO), announced today its plans to release results for the first quarter ended March 31, 2008 on Tuesday, May 13, 2008 after the market closes. In conjunction with the release, GTT has scheduled a conference call, which will also be broadcast live over the Internet, on Wednesday, May 14, 2008 at 8:30 A.M. Eastern Time.

A telephonic replay of the conference call will be available for one month and may be accessed by calling 1.888.203.1112 or +1.719.457.0820 and using the passcode 7253492. The webcast will be archived in the investor relations section of the company’s web site.

About GTT

As a Multi-Network Operator, GTT combines multiple networks and technologies to design unique network solutions for its customers. By integrating components of multiple carrier networks, GTT can create the “best network” in a way that no single carrier can. GTT has taken the Multi-Network Operator strategy to a new level, through a combination of powerful network design tools, a global service footprint, a deep and broad set of strategic supplier relationships, and above all, an expert team committed to delivering outstanding end-to-end customer service.

Headquartered just outside Washington, D.C. in McLean, Virginia and with offices in London, Paris, and Dusseldorf, GTT has over 150 carrier partnerships and access to over 100,000 network Points of Presence around the world. GTT provides a global service footprint that supports more than 300 businesses in more than 70 countries, worldwide. For more information visit the GTT web site: www.gt-t.net

Forward-Looking Statement

Some of the statements made by GTT in this press release, including without limitation statements regarding GTT’s anticipated future growth and potential mergers and acquisitions activity, are forward-looking in nature. GTT intends that any forward-looking statements, as defined in Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), shall be covered by the safe harbor provisions for such statements contained in Section 21E of the Exchange Act. Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “predicts,” “potential,” “continues” and similar expressions are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company’s actual future results to differ materially from those projected or contemplated in the forward-looking statements. GTT believes that these risks include, but are not limited to: GTT’s ability to develop and market new products and services that meet customer demands and generate acceptable margins; GTT’s reliance on several large customers; GTT’s ability to negotiate and enter into acceptable contract terms with its suppliers; GTT’s ability to attract and retain qualified management and other personnel; failure of the third-party communications networks on which GTT depends; and competition and other risks associated with the communications sector in general and the multi-network operator sector in particular. Additional information concerning these and other important factors can be found under the heading “Risk Factors” in GTT’s Annual Report on Form 10-K filed with the Securities and Exchange Commission in March 2008, and in GTT’s other annual and quarterly reports filed with the Securities and Exchange Commission. Statements in this release should be evaluated in light of these important factors.

Global Telecom & Technology, Inc.
Media Contact:
JD Darby, +1.703.442.5530
jd.darby@gt-t.net
or
Investor Contact:
Mike Bauer, +1.703.442.5503
mike.bauer@gt-t.net