TPT GLOBAL TECH INC - TPTW STOCK NEWS

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.

TPT Global Tech (OTC PINK:TPTW) announced the renewal of a $3.93 million contract by the US Navy for fire suppression and alarm services at Naval Air Station Meridian, Mississippi. This follows a recent $2.86 million contract renewal for a Fort Hood project. The subsidiary, IST, will manage the four-year contract that includes essential inspection and maintenance services. TPT's Chairman emphasized the importance of government contracts and their anticipated OTCQB status recovery. The company is also positioning for its Smart City project with IST's expert team.

TPT Global Tech (TPTW) announced a Strategic Investment Partnership Agreement with Black Pearl Investments to collaborate on smart city initiatives and real estate development. This partnership aims to leverage dedicated credit facilities for projects in Alabama, focusing on sustainable development and infrastructure.

TPT Global's real estate division will manage the development, following its acquisition of Information Systems Technology. The agreement promises potential revenue growth and shareholder value through strategic investment in innovative technologies.

TPT Global Tech has announced that its subsidiary, TPT Strategic, has secured its third contract with the U.S. Army, valued at $2,862,435. This three-year contract involves supporting the fielding of Stryker vehicles and managing logistics related to deployment and retrofitting. CEO Stephen J Thomas III stated that this contract marks the start of TPT Global Tech's entry into the government contracting market, with more contracts anticipated as part of their growth strategy.

TPT Global Tech, Inc. (TPTW) announced the successful completion of a $2.89M highway construction project by its subsidiary TPT Strategic Inc. and acquired company IST LLC, for the Federal Highway Administration. This project, known as Mammoth Cave Paving, was completed in September 2022. IST, based in Huntsville, Alabama, has a backlog of approximately $5.4M in government contracts and a bonding capacity of $10M per project. TPT Global Tech aims to leverage IST's expertise to advance its Tuskegee Smart City project, enhancing its growth prospects in technology and construction sectors.

TPT Global Tech, through its subsidiary TPT Strategic, has successfully acquired Information Security and Training LLC (IST LLC), a construction and IT services firm, for Preferred Series B shares convertible to 10% ownership. IST, based in Huntsville, Alabama, has $5.4M in backlogged revenue from government contracts. The acquisition involves the assumption of $1.3M in assets and $1.2M in liabilities. IST's founder, Everett Lanier, will remain President and join the board. The merger strengthens TPT's focus on real estate construction technology and Smart City development.

TPT Global Tech (OTCQB:TPTW) has announced the cancellation of its planned 1000 to 1 reverse stock split. The decision was made by Chairman and CEO Stephen Thomas after evaluating the potential impact on shareholder equity. Initially, the company intended to execute the split to comply with OTC Exchange price requirements, following a filing on September 22, 2022. However, if the stock price exceeds 0.01 USD before the compliance deadline, the reverse split will not be necessary. The leadership team continues to strive for long-term corporate objectives amidst challenging market conditions.

TPT Global Tech (OTC:TPTW) will host a live conference call on September 12, 2022 at 5 PM EST, featuring CEO Stephen J Thomas III and other key executives. The call aims to discuss current company topics, accessible via dial-in number 425-436-6323 with access code 1738587.

TPT Global Tech specializes in telecommunications, medical technology, and product distribution, offering services such as SaaS, PAAS, and UCaaS. The firm operates a private IP MPLS fiber and wireless network, providing essential communication tools for businesses.

TPT Global Tech, Inc. (TPTW) announced it received a Teaming Memorandum from Joe Turnham, Director of the Macon County Economic Development Authority (MCEDA), for a collaboration on Smart City projects in Tuskegee, Alabama. This partnership aims to drive economic development through manufacturing, housing, and technology, creating jobs and enhancing local infrastructure. TPT is set to leverage its telecommunications and technology expertise. A national conference call on September 13, 2022, will discuss TPT's future outlook.