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Global Gateway Media & Communications, Inc. : Global Gateway Launches Shopping Network

^{Published on 2009-12-15 06:28:10 - Market Wire}
 

LOS ANGELES, CA--(Marketwire - December 15, 2009) - Global Gateway Media & Communications, Inc. (PINKSHEETS: [ GGMC ]), formerly Zcom Networks, Inc., announced today that it has launched a new phase of its home shopping network under the brand name TM Shopping Network in its Los Angeles TV studio. "We are much excited about the future of our shopping network. We employed professional hosts and models to exhibit, present and market our products. The first set of products were fine jewelry ranging in price from about $350 to $8,500," 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 arts, kitchen items, novelty items, clothing as well as other exiting products."

For more information, please [ www.globalgatewaymedia.com ]

[ www.talkmoneytv.com ]

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 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 viewing households in the US, Canada, and Mexico, as well as in Europe, Asia, and Australia. 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.