Teralight FZ LLC, a Dubai Based Information and Communications Technology Company, Engages With Global Equity International Inc. Through Its Fully Owned Subsidiary, GEP Equity Holdings Limited

DUBAI, UNITED ARAB EMIRATES--(Marketwired - Sep 29, 2016) - Global Equity International, Inc. (OTCQB: GEQU) and its fully owned subsidiaries, Global Equity Partners Plc. and GEP Equity Holdings Ltd., a global business consultancy firm with offices in Dubai and the United Kingdom that consults to a diverse number of companies around the world, are pleased to announce that Teralight FZ LLC (https://teralight.com/), a company based in Dubai, formally engaged the services of GEP Equity Holdings Limited on September 26th, 2016 to assist with sourcing Pre-IPO capital funding, up to, but not limited to US$10,000,000. Teralight and GEP agreed to an initial cash retainer, and then a cash and equity success fee.

Teralight FZ LLC, a fully owned subsidiary of Teralight Gateway Holdings Inc., has been serving telecommunications operators and other clients from its main office in Dubai (U.A.E.) for over 14 years now as a Professional & Managed Services Consulting Company. Its revenues are mainly derived from detecting fraudulent connections to telecom networks, providing services that allow telecom operators to de-congest their networks and providing temporary, secure Wi-Fi service. 

Teralight serves customers in South Asia, Middle East and North Africa regions, where telecommunications networks are experiencing a burst of growth with the proliferation of smartphones and video apps.

In addition to its Dubai head office, Teralight maintains its Engineering Operations Center in Islamabad, Pakistan, and sales offices in Beirut (Lebanon), in Chandler (USA) and in Lyons (France). 

Enzo Taddei, CFO of Global Equity International Inc., said: "The fact that Teralight is based in Dubai is great news for us as we feel that introducing a Dubai company to our Middle Eastern partners will be very well received. Also, Teralight is one of the subsidiaries of a group of companies that, on a consolidated basis, has revenues in the millions of dollars, with projected revenues in the eight figure range. This is always a massive positive as the Company, in our opinion, will be perceived by the investment community as a real and viable investment opportunity from the outset. The Company has clients that are significant Middle Eastern household brand names, hence are highly visible companies in the UAE. This fact, on its own, is certainly a very attractive proposition and will allow the Company to become visible by a much wider investor audience by default. We are very pleased to have the opportunity to work with Teralight and its management."