JANUARY 12, 2010 –QT Globe, a leading provider of wholesale international Voice over Internet Protocol (VoIP) telecommunication services, announced its carrier division, Medcom’s, 2009 revenues showed a quarter-over-quarter growth for the entirety of 2009. This makes the company well positioned for accelerated growth in 2010.

The company experienced a growth of 40% in revenues from 2008 through calendar year 2009, with each quarter of ‘09 showing an improvement over the previous quarter. This can be attributed in part to the relationships QT Globe and Medcom have forged with leading carriers like Verizon, France Telecom, KDDI and others.

“We’re now seeing the fruits of the agreements we established with tier 1 carriers, and we expect our volume with these carriers to really flourish in 2010,” says Anthony Garzone, Medcom Vice President of Sales and Marketing.  “We’ve worked very hard to create solid partnerships with companies like Verizon because we think that’s one of our keys to long term success.”

In spite of generally poor economic conditions in 2009, QT Globe ended the year in sound financial health.

“For 2009, we’re showing a positive EBITA, and are on track for an even more profitable 2010,” said Chris Sanders, Medcom’s Director of Finance. “The company has no debt and has already shown positive net profits. And the fact that we own all our own equipment is a big plus for us.”

In addition to an increase in business with tier 1 carriers, QT Globe also attributes its strong showing to several other factors:

Medcom's continued concentration on the US market, and its efforts to expand its network domestically in regions that function synergistically with Medcom's sister company, QT Talk.

The ability of Mecom to offer partners a larger national on-net footprint, thanks to Medcom's expanded domestic network.

An increase in establishd partnerships with PTTs and incumbent carriers around the world, including Greece, The Dominican Republic, India and Mexico, significantly expanding Medcom's global footprint

Medcom's senion executives expect these trends to continue in 2010. "We're going to keep doing what works", says Mr. Garzone, "We're focusing on developing new partnerships and new routes worldwide, and exploiting the agreements we established in 2009, many of which are already generating income as they integrate into our network. In fact, if we continue at our present monthly rate, we're on track for completing over one billion voice minutes in 2010. And if we continue to grow quarter over quarter as we did in 2009, we will surpass even that by a significant amount."