ACT TELECONFERENCING AND APPLIED GLOBAL TECHNOLOGIES® ANNOUNCE STRATEGIC PARTNERSHIP TO OFFER IP VIDEO CONFERENCING PRODUCTS AND SERVICES

DENVER - ACT Teleconferencing Inc. (ACTT.PK), a worldwide provider of audio, video and web-based conferencing products and services, and Applied Global Technologies (AGT), a privately held innovative IP technology company, today jointly announced they have entered into a strategic partnership to offer cutting-edge Internet Protocol (IP) video products and services.

Under terms of the agreement, ACT Teleconferencing will market AGT's award-winning IP video conferencing products and services globally under its own private labels, the first of which is named Ready Connect Video. The two companies will work closely together to bring to market the latest in innovative IP video offerings.

"AGT's best in class on-demand IP video conferencing product expands and complements ACT's existing global video services," said ACT President and CEO Gene Warren. "We are making this new product - Ready Connect Video - immediately available to our existing video and audio clients. We have demonstrated the new product to several clients and their response has been overwhelmingly positive. This will be the first of many IP video products and services that we will offer in partnership with AGT."

The product will be available through ACT's service delivery areas, which include North America, Europe and Asia Pacific. AGT has been recognized by the conferencing industry as best-in-class winning awards like the Frost and Sullivan 2005 Technology Innovation Award. AGT is a two-time member of the Inc. 500 Fastest Growing Private Companies, was recognized in 2006 by the Technology Association of Georgia, and is a past winner of both The Polycom and Tandberg Solution of the Year Awards.

"We are delighted that our partnership with ACT Teleconferencing will take our ground-breaking automated video service global for 2006," stated Mike Valletutti, Chairman and CEO of Applied Global Technologies. "Combining AGT's award-winning R&D with ACT's in-country support and infrastructure is a win-win for both of our companies and, more importantly, our customers."

Statements made in this news release that are not historical facts may be forward-looking statements. Actual results may differ materially from those projected in any forward-looking statement. Unaudited information may not conform to US GAAP. Important factors that could cause actual results to differ materially from those anticipated by any forward-looking information include, but are not limited to, future economic conditions, competitive services and pricing, new competitor entry, financing, the delivery of services under existing contracts and other factors. For a more detailed description of the factors that could cause such a difference, please see the section entitled "Risk Factors" in ACT's Current Report on Form 8-K filed on September 27, 2005, as well as the Company's other filings with the Securities and Exchange Commission. ACT disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of ACT.

About ACT Teleconferencing
Established in 1990, ACT Teleconferencing, Inc. is a leading independent worldwide provider of audio, video and web-based conferencing products and services to corporations, educational organizations, and governments worldwide. ACT is the only conferencing company with integrated global audio and videoconferencing platforms that provide uniform international services, customized uniform billing, managed services, and local language services. The Company has an international video presence with three global video conferencing call centers located in North America, Europe and Asia Pacific. The Company's headquarters are located in Denver, Colorado, with operations in Australia, Belgium, Canada, France, Germany, Hong Kong, Singapore, the U.K. and the U.S., and virtual locations throughout the world, including Japan, China, Taiwan, Indonesia, Spain, Sweden, Switzerland, Russia, Poland and South Africa. ACT's Internet address is www.acttel.com.


About Applied Global Technologies®

Applied Global Technologies® offers its customers proven expertise in IP collaboration with the mission to transform companies from buyers of technology into users of technology. The twelve-year old private corporation provides conferencing solutions to the Pentagon, branches of the US Military and civilian agencies, as well as numerous federal and state government facilities. The Company's continued advancement in communications is being felt around the world. The company is listed among the fastest growing private companies in America (Inc. 500) for the second consecutive year, recognized with the prestigious Frost & Sullivan 2005 Award for Technology Innovation, and was recently honored with the Top 40 Innvovative Companies by the Technology Association of Georgia. Applied Global Technologies' international headquarters is located in Rockledge, Florida, with the R&D and network office located outside of Atlanta, and field support offices in Denver, Dallas, Durham (Connecticut), Honolulu, Okinawa, Ottawa, Phoenix, Seattle, San Diego, Virginia Beach and Washington, DC. Its website is www.appliedglobal.com