Glow Networks, Goldbelt Cedar Announce Strategic Alliance to Expand Reach of IT & Telecommunications' Services

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With combined strengths, the two companies expect to provide enterprise related telecom and IT services for US Federal, State and local agencies directly as well as through other large systems integrators and telecom equipment vendors.

Glow Networks, Inc. (http://www.glownetworks.com), an ISO9001/TL9000 certified telecommunications engineering and consulting firm, has entered into a strategic alliance with Goldbelt Cedar (http://www.goldbeltcedar.com) to offer IT and Telecommunications related services to a wider client base in the public and private sector.

As per the "teaming agreement" between the two companies, they will collectively develop and submit bids for projects from various Federal, State and Local agencies. Besides directly bidding for such projects, they will collaborate to provide their services as sub-contractors to third party systems integrators, including large telecom equipment vendors, who have been awarded the contracts by these agencies. In such cases, Goldbelt Cedar will act as the prime contractor, with Glow Networks being a sub-contractor responsible for project execution.

"Partnering with Goldbelt Cedar is a crucial step in our growth as it will enable us to service large projects from various government agencies as well as help forge new relationships with some of the top telecom equipment vendors," said Dr. Jay Srinivasan, President of Glow Networks. "Goldbelt Cedar has considerable expertise in providing comprehensive services for Federal Agencies, which we will complement with our own strengths in executing enterprise-related telecommunications services."

Using a catalog for enterprise related telecommunication services developed by Glow Networks, the two companies are now working to get Goldbelt Cedar listed as a vendor under the GSA (General Services Administration) within the next three-to-four months. They will also establish a mentor-protégé program between themselves and with other companies to facilitate smooth functioning of the collaborative effort required for execution of large projects.

"We are extremely pleased with this alliance with Glow Networks, a proven player with the requisite skills and experience in large telecommunication services projects," said Bhima Penta, President & CEO of Goldbelt Cedar. "Combining our respective strengths will undoubtedly enhance the value we provide to our customers and add greater merit to our proposals. We are looking forward to a long and profitable relationship between our companies."

"We are continuously working to expand our capabilities in our domain, as we strive to sustain and exceed the stupendous growth we have enjoyed in the past few years," said Dev Sridharan, CFO of Glow Networks. "Our recent acquisition of Tri-MC to provide a full range of power and grounding engineering, installation and maintenance services to our customers is a case in point. This relationship with Goldbelt Cedar is another strategic initiative designed to propel us forward by not only extending our customer base but also the scale of services we deliver. We are well positioned to consolidate ourselves as a top provider of comprehensive telecommunication services."

About Glow Networks

Founded in 1999, Glow Networks (http://www.glownetworks.com) is an established ISO9001/TL9000 certified telecommunications engineering and consulting firm, catering to the needs of telecom equipment vendors and carriers. The company specializes in Wireless Broadband, Wireline (Optical Backbone), VoIP (Soft Switch), IP Multimedia Subsystem (IMS) and Enterprise products. A strategic partner to some of the world's foremost equipment vendors and carriers such as Nortel, Motorola, Alcatel-Lucent, Tellabs, Tekelec and Nokia, Glow provides a range of managed services such as Network Engineering, Order Engineering, Systems Application Engineering, Switch Datafill, Configuration Engineering, Field/Site Engineering, RF Drive Test Services. Besides managed services, Glow Networks also provides skilled resources to its customers as non payroll workforce in the areas of engineering, interoperability testing, deployment (integration, software and hardware upgrades etc), other telecom and IT services. The company can also provide D/C Power Plants and Batteries, Emergency Generator Systems and Fuel Filtration Systems.

Besides being named Nortel Networks' Diversity Supplier of the Year for 2005, Glow Networks ranked 40th in a select list of 100 fastest growing companies in Dallas and was named to Deloitte's prestigious 2006 Texas Technology Fast 50 Program. Glow Networks was also included in Deloitte's 2006 Technology Fast 500, an annual listing of the fastest growing companies in North America.

About Goldbelt Cedar

Goldbelt Cedar, LLC is a directly owned SBA certified 8(a) small business subsidiary of Goldbelt, Incorporated, an Alaska Native Corporation, dedicated to providing experienced, solution-oriented Information Technology support to federal agencies' acquisition efforts.

Being an Alaska Native Corporation (ANC), Goldbelt Cedar offers the following contractual advantages for US Federal, State, and Local agencies, and large systems integrators and telecom equipment vendors:

ANC 8(a) firms are exempt from sole-source thresholds of $3 million for service contracts and $5 million for manufacturing concerns

Department of Defense (DoD) prime contractors can receive a 5% Incentive Bonus on subcontracted work to an ANC owned 8(a) firm

DoD organizations can issue direct A-76 conversion to contract (a conversion to contract is the change of performance of a commercial activity from in-house performance by Federal employees to performance by a commercial source) to an ANC owned 8(a) firm.

Media Inquiries

Dev Sridharan

Tel: 972 699 1994                    

Business Inquiries

Dan Bujold

Tel: 972 699 1994

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