Investment Firm to Acquire LazerPhone

LOS ANGELES – Gores Technology Group LLC, a privately-held investment firm, recently signed an agreement to acquire Global Tel*Link Corp., developers of the LazerPhone inmate phone system.

LazerPhone is the hallmark product offering from Global Tel*Link (GTL). The system is a centralized, PC-based, integrated telephone system that can incorporate the LazerVoice digital recording component with sophisticated communication. It was designed and developed by GTL in association with various law enforcement personnel and agencies throughout the US.

“We believe the combined resources of Gores and GTL will allow us continued growth and expansion, maintaining our position as the provider of the market’s most technologically advanced telephone platform,” said Craig Ferguson, president of GTL.