[January 27, 2006] GTC Telecom Launches Investor Relations Outreach Program; Retains New York-Based Institutional Investor Relations Firm, Jaffoni & Collins Tweet COSTA MESA, Calif. --(Business Wire)-- Jan. 27, 2006 -- GTC Telecom Corp. (OTC BB: GTCC), a nationwide provider of wireless, long distance and Internet access services, announced today that it has retained Jaffoni & Collins, a New York City-based institutional investor relations consultancy. GTC Telecom President, Eric Clemons, said, "Having tested the demand for our new value-based wireless offerings, we have formally launched our flexible, no-contract wireless plan at $9.99 per month and only 9.9 cents per minute. We believe our new wireless product offers consumers a simple and affordable service and leverages our telecom experience, infrastructure and the GTC brand. We are initiating an investor relations outreach program to proactively introduce our 'new growth story' to investors as well as to support our sales and marketing campaign for wireless." Jaffoni & Collins partner, David Collins, commented, "We've known Eric Clemons and GTC for nearly six years. Over that period we have developed confidence in and respect for Eric and the GTC organization. Their ability to execute within very competitive markets is attractive to us. Accordingly, we are very pleased to partner with GTC as they rollout a compelling wireless offering, which we plan to highlight in their IR program." GTC Wireless utilizes the mobile virtual network operator (MVNO) model, whereby it utilizes the national service, network and capital investment of a major wireless provider, rebrands the service, and bills it directly to consumers. The MVNO structure is ideal for GTC as it enables it to focus on its core skills of sales, marketing and customer service in delivering an attractive value-based wireless service. MVNOs are gaining traction, with providers like Virgin Mobile and Boost Mobile using the business model. About Jaffoni & Collins Formed in 1994, Jaffoni & Collins is a full service investor relations firm based in New York City. Jaffoni & Collins focuses on developing institutional caliber communications to forge enduring investment community relationships for client companies across a range of industries. For more information, visit www.jcir.com. About GTC Telecom Founded in 1997, GTC Telecom and its subsidiaries provide wireless, long-distance, international and dial-up Internet access services throughout the United States, as well as Business Process Outsourcing services from its facility in India. For more information, visit www.gtctelecom.com or www.gtcwireless.com. This release may contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. This release should be read in conjunction with the Company's annual report on Form 10-KSB and its quarterly and periodic reports on Form 10-QSB and 8-K. The Company's results may vary significantly from quarter to quarter and will depend, among other factors, on product launches and market acceptance, and distribution agreements. Except as expressly required by federal securities laws, the Company undertakes no obligation to update any of the forward-looking statements contained herein. [ Back To TMCnet.com's Homepage ]