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TPT Global Tech’s Subsidiary, TPT Strategic, Awarded A National Park Service, US Department of Interior Contract Valued at $362K USD

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TPT Global Tech, Inc. (OTC PINK:TPTW) announced a $362,210 contract win from the National Park Service for hazardous tree removal at the Natchez Trace Parkway. This comes shortly after a $2.86 million renewal for another project at Fort Hood. The company's subsidiary, TPT Strategic, aims to leverage these contracts for ongoing growth, supporting its $38M Reg A Private Placement fundraising. TPT Global Tech focuses on technology and telecommunications solutions and is positioned to advance its Smart City initiatives.

Positive
  • Awarded $362,210 contract from National Park Service.
  • Recent $2.86 million contract renewal for Fort Hood project.
  • TPT Strategic's contracts indicate long-term growth potential.
  • Ongoing $38M Reg A Private Placement fundraising effort.
Negative
  • None.

The new contract comes on the heels of the recent announcement of a $2.86 million contract renewal for a Fort Hood project and a proposed investment through Black Pearl Investments for TPT Smart City projects

SAN DIEGO, CA / ACCESSWIRE / December 21, 2022 / TPT Global Tech, Inc. (OTC PINK:TPTW) ("TPT Global Tech") announced today that IST, a division of its subsidiary, TPT Strategic Inc. (OTC PINK:INOQ)("TPT Strategic"), (www.istincs.com) a general construction and Information Technology company has been awarded a $362,210 USD contract from the National Park Service US Department of Interior to remove hazardous limbs and trees from the Natchez Trace Parkway Ridgeland and Kosciusko districts in Tupelo, Mississippi.

TPT Global Tech, Inc., Wednesday, December 21, 2022, Press release picture

"Our TPT Strategic IST division continues to deliver as planned with new and renewed contracts from the US Government. These contracts are excellent indicators of long-term growth for the TPT parent as the company continues its $38M Reg A Private Placement fundraising effort," said Stephen J Thomas III, Chairman & CEO of TPT Global Tech

About IST, a TPT Strategic Division

IST, based in Huntsville Alabama, with branch offices in Nashville TN, Birmingham Al, Jackson MS, Fort Campbell KY, New Orleans LA, and Joint Base Lewis-McChord, has two divisions, Construction and IT Technology, and has been a general contractor for over 15 years. IST has been in the Federal Marketplace since its inception in 2008 and has completed work for over 15 federal agencies. IST has been successfully providing design-build construction, demolition, abatement, earthwork, concrete, steel and metal work, masonry, underground utilities, environmental protection, and site restoration services since 2008. IST differentiates itself by offering superior quality results at a competitive price. IST safely delivers projects on time and within budget. IST has a bonding capacity of $10M per single project and $20M aggregate. IST Information Technology Services Division provides program management, System Engineering, Software Development, Network Engineering, Records Management and Controls, Physical Security and Information Assurance, Video Teleconferencing and AV systems, Help Desk Services, and Information Technology Statements of Qualification. IST is committed to maintaining customer satisfaction, trust and Integrity by delivering quality products and services conforming to industry best practices and continuous process improvement.

With the completed acquisition of IST and its seasoned professional team of construction engineers and design teams, TPT Global Tech is positioned to start its Tuskegee Smart City project. "It is such a pleasure to work with Everett Lanier the new President for TPT Strategic and the IST Team. They are bringing such a high level of professionalism and experience to TPT Global Tech's already seasoned team of Executives to assist us as we move forward with our Smart City initiatives domestically and internationally," said Stephen J Thomas III, Chairman & CEO of TPT Global Tech.

To learn more about the company's Reg A, IST, Smart Cities and other activities and to speak with Chairman & CEO Stephen Thomas, please contact Shep Doniger at 561-637-5750 or sdoniger@bdcginc.com.

About TPT Global Tech

TPT Global Tech Inc. (TPTW) based in San Diego, California, is a technology-based company with divisions providing telecommunications, medical technology, and product distribution, media content for domestic and international syndication as well as technology solutions. TPT Global Tech offers Software as a Service (SaaS), Technology Platform as a Service (PAAS), and Cloud-based Unified Communication as a Service (UCaaS). It offers carrier-grade performance and support for businesses over its private IP MPLS fiber and wireless network in the United States. TPT's cloud-based UCaaS services allow businesses of any size to enjoy all the latest voice, data, media, and collaboration features in today's global technology markets. TPT Global Tech also operates as a Master Distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO) as a Master Distributor for Pre-Paid Cell phone services, Mobile phones Cell phone Accessories, and Global Roaming Cell phones.

Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Specifically, statements about the Company's plans for accelerated growth, improved profitability, future business partners, M&A activity, new service offerings, and pursuit of new markets are forward-looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases, the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.

Contact:

PR-Shep Doniger
sdoniger@bdcginc.com
561-637-5750
IR-Frank Benedetto
619-915-9422

SOURCE: TPT Global Tech, Inc.



View source version on accesswire.com:
https://www.accesswire.com/732828/TPT-Global-Techs-Subsidiary-TPT-Strategic-Awarded-A-National-Park-Service-US-Department-of-Interior-Contract-Valued-at-362K-USD

FAQ

What is the value of the contract awarded to TPT Global Tech from the National Park Service?

TPT Global Tech was awarded a $362,210 contract from the National Park Service.

How does the recent contract win affect TPT Global Tech's growth?

The contract win is expected to support long-term growth for TPT Global Tech as indicated by company leadership.

What was the recent contract renewal mentioned for TPT Global Tech?

TPT Global Tech announced a $2.86 million contract renewal for a project at Fort Hood.

What are TPT Global Tech's plans for fundraising?

TPT Global Tech is currently pursuing a $38M Reg A Private Placement fundraising effort.

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