Global Itechnology, Inc. - GITN- Profile

Global iTechnology, Inc.. Global Itechnology, Inc. (formerly known as Global Telecommunication Solutions, Inc.) is developing and entering into strategic relationships with companies to promote direct marketing services using telephony, the Internet and wireless communication technologies. The company, in the past, was in the business of marketing and distributing prepaid phone cards through certain subsidiaries. The company adopted a plan to discontinue the prepaid phone card business and as a result the subsidiaries filed for bankruptcy under chapter 11 in October 1999. The subsidiaries under chapter 11 proceedings are Global Link Telecom Corporation, GTS Holdings Corp, Inc., Teltime, Inc., Network Services Systems, Inc., Network Services Systems, L.P., Global Telecommunication Solutions, L.P., GTS Marketing, Inc., Networks Around The World, Inc. and Centerpiece Communications, Inc.