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GTC Telecom Subsidiary Ends Outsourcing Agreement With U.K.-Based Telephone Company.

COSTA MESA, Calif. -- Previously, Perfexa Solutions Inc., a subsidiary of GTC Telecom Corp. (OTCBB:GTCC), announced that it entered into a customer service contract with a competitive local telecommunications company that provides service in the United Kingdom. Due to a contractual dispute, Perfexa has elected to terminate this agreement.

About GTC Telecom

Founded in 1997, GTC Telecom provides local, long-distance, conference calling and toll-free services; dial-up and DSL Internet access to residential customers throughout the United States; as well as Business Process Outsourcing services through its Perfexa Solutions Inc. subsidiary. GTC provides its services directly to consumers, as well as through affiliate marketing programs. For more information, visit www.gtctelecom.com / www.perfexa.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 report should be read in conjunction with the company's annual report on Form 10-KSB and it's quarterly reports on Form 10-QSB. The company's results may vary significantly from quarter to quarter and will depend, among other factors, on product launches and market acceptance, manufacturing contracts, and distribution agreements.
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 2, 2005
Words:188
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