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Flint Telecom Group Increases Distribution Channels for Its Prepaid Calling Products

^{Published on 2010-05-10 09:40:38 - Market Wire}
 

OVERLAND PARK, KS--(Marketwire - May 10, 2010) - Flint Telecom Group, Inc. (OTCBB: [ FLTT ]), a fast growing Telecoms Technology and Services Organization, today announces that its subsidiary Flint Prepaid Inc. has signed a significant new deal with a leading master distributor of prepaid calling products to address the North East and other regions of the United States.

Commenting on the deal, Flint's President Bernie Fried said, "This partnership dramatically increases the reach of our 'Own Brand' calling products in the retail market and in a key geographic region."

"The calling cards will be launched later this month and it is anticipated that this new channel will generate in excess of $20 million of profitable annual revenues to Flint," Mr. Fried concluded.

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 (OTCBB: [ FLTT ]). Additional information may be found at [ www.flinttelecomgroup.com ]

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, 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.