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Global Roaming Distribution (GRDB.OB) Actions Result in Stock Move

Global Roaming Distribution (GRDB.OB), a telecommunications company specializing in providing affording solutions for international travelers, is making strides in the stock market. A look at yesterday’s trading increase of 154.6 percent in value displays interest and support in the company.

Global recently signed agreements with 100 new GSM alliances including Haiti, Turks and Caicos, Djibouti, Montserrat, Palestine Authority, and the British Virgin Islands. The additional alliances allow CelTrek™ SIM card users to have full roaming access in over 172 countries on over 450 GSM carriers. Global’s CEO, Florian Serioussi, stated that the company’s goal is to sign agreements with GSM carriers in all remaining countries by the end of 2008.

Global also recently entered into an agreement with LCD Distribution, a major French distributor that has been providing mobile phones and plans for over 25 years. The CelTrek™ card will be branded as the Laura SIM in LCD’s 720 locations.

The CelTrek™ SIM card allows users to use one U.S.-based phone number without incurring large roaming charges when traveling internationally. The card not only provides service at a lower cost, it also provides a suite of standard features including voicemail, SMS/text messaging, call forwarding, call waiting, and conference calling.

The CelTrek™ SIM card can assist international companies in reducing their cellular phone expenses. The charges incurred with CelTrek™ card can be from 50 to 90 percent less than what a GSM carrier normally charges. With the standard features the card provides, a company’s employees can maintain a high-level of communication and productivity.

According to Seroussi, “In addition to making and receiving calls, CelTrek users can browse the Internet, read their emails on Gmail, or anywhere else they have an email account, and chat on Microsoft Messenger. Users can also connect to Facebook and other social media networks all from their phone. Global Roaming Distribution delivers the online world to travelers whether you are using the iPhone, a Blackberry or any other type of unlocked mobile phone.”

Hassle-free, economical cellular service is something that business and leisure travelers are interested in. One SIM card in one device with one phone number, and a user is connected worldwide.

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