GTC Telecom Doubles Revenue by Network Marketing - Xooma Worldwide

The Health Network is a network marketing company. Through its subsidiaries, particularly Xooma Worldwide and Health Thru Nutrition, and via its 30,000 independent distributors, The Health Network markets a full line of nutritional products along with a number of specially formulated packs to meet specific health needs of its customers. A leading product line is based around the Company’s Xtreme X2O™ water additive, which helps to both purify as well as enhance the minerals in drinking water.

Ron R. Howell, President and CEO of The Health Network, commented, “As we have explored the possibilities of this combination with GTC it became clear that strong marketing and a proven independent sales channel were the glue that could successfully unite telecom services and health supplements in a very powerful way. We are very excited to leverage our respective strengths in health products, marketing, telecom services and business process outsourcing in a publicly-traded entity. We believe the GTC/THN combination has the potential to deliver tremendous value to the combined entity’s shareholders.â€?

GTC Telecom Seeks to More Than Double Revenue Base, Substantially Expand Independent Distributor Sales Network and Diversify into Nutritional Products via Letter of Intent to Merge with The Health Network