UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D. C. 20549
                             -----------------------

                                   FORM 10-QSB

(X)  Quarterly Report Pursuant to Section 13 or 15(d) of the Securities
     Exchange Act of 1934

            For the quarterly period ended September 30, 2002

( )  Transition Report Pursuant to Section 13 or 15(d) of the Securities
     Exchange Act of 1934

            For the transition period from _________ to

                        Commission File Number: 033-05384

                               GTDATA CORPORATION
                               ------------------
        (Exact name of small business issuer as specified in its charter)


               Nevada                                     87-0443026
               ------                                     ----------
   (State or other jurisdiction of             (IRS Employer Identification No.)
    incorporation or organization)


                 625 Cochran St., Simi Valley, California 93065
                 ----------------------------------------------
                    (Address of principal executive offices)

                                 (805) 582-3600
                                 --------------
                 Issuer's telephone number, including area code

(Former name, former address and former fiscal year, if changed since last
 report)

Indicate by check mark whether registrant (1) has filed all reports required to
be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934
during the preceding twelve months or for such shorter period that the
Registrant was required to file such reports, and (2) has been subject to such
filing requirements for the past 90 days. Yes [X] No [ ]

The number of shares outstanding of Registrant's common stock as of November 11,
2002 was: 55,592,517

<PAGE>


                         PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS.

                       GTDATA Corporation and Subsidiaries

                      Condensed Consolidated Balance Sheet


  Assets                                         September 30,    December 31,
                                                     2002             2001
                                                ---------------  ---------------
                                                  (Unaudited)
Current Assets:
   Cash                                               $43,734          $177,317
   Certificate of deposit                              50,000                -
   Accounts receivable, net of allowance
     for doubtful accounts of approximately
     $140,000 and $200,000, respectively            1,410,397         1,366,845
   Inventories                                      1,260,759         1,161,838
   Prepaid expenses and other current assets           29,155            31,005
   Notes receivable and interest receivable           172,946           157,637
                                                ---------------  ---------------
            Total Current Assets                    2,966,991         2,894,642

Property and equipment, net                            73,032           128,665

Other assets                                          112,206            66,146
                                                ---------------  ---------------

Total assets                                       $3,152,229        $3,089,453
                                                ===============  ===============

   Liabilities and Stockholders' Deficit

Current Liabilities:
   Accounts payable and accrued liabilities        $1,731,244        $1,673,811
   Accrued payroll and related expenses               642,926           588,882
   Line of credit                                     818,142           657,188
   Convertible note payable                                -            375,000
   Current portion of long-term debt                   61,900           155,735
   Notes payable to related parties                   360,766           698,000
                                                ---------------  ---------------
            Total current liabilities               3,614,978         4,148,616

Long-term debt, net of current portion                     -             42,400

Stockholders' Deficit:
   Series A preferred stock, $0.001 par value;
     1 share authorized and outstanding                    -                 -
   Series B preferred stock, $0.001 par value;
     10,000,000 shares authorized and
     no shares issued and outstanding                      -                 -
   Common stock, $0.001 par value; 250,000,000
     shares authorized, 54,592,517 and 16,062,517
     shares issued and outstanding, respectively       54,591            16,063
   Additional paid in capital                       1,665,396         1,312,695
   Subscriptions receivable                                -           (348,588)
   Accumulated Deficit                             (2,182,736)       (2,081,733)
                                                ---------------  ---------------
            Total stockholders' deficit              (462,749)       (1,101,563)
                                                ---------------  ---------------

Total liabilities and stockholders' deficit        $3,152,229        $3,089,453
                                                ===============  ===============

   See accompanying notes to these condensed consolidated financial statements

<PAGE>


                       GTDATA Corporation and Subsidiaries

                 Condensed Consolidated Statement of Operations
             For the Three Months Ended September 30, 2002 and 2001
                                   (Unaudited)



                                                      2002             2001
                                                ---------------  ---------------
Net Sales                                           $2,364,524       $2,088,290

Cost of Sales                                        1,604,475        1,504,650
                                                ---------------  ---------------

Gross Profit                                           760,049          583,640

Operating Expenses:
   Employee Compensation                                367,419         386,683
   Selling, General, and Administrative                 343,892         316,271
                                                ---------------  ---------------
Total Operating Expenses                                711,311         702,954

Operating Profit                                         48,738        (119,314)

Other Expense:
   Interest Expense - net                               (55,309)        (24,002)
                                                ---------------  ---------------

Net Loss                                            $    (6,571)     $ (143,316)
                                                ===============  ===============

Basic and Diluted Net Loss Available to Common
Stockholders per Share                              $       -        $   (0.01)
                                                ===============  ===============
Weighted Average Number of Common Shares
Outstanding - Basic and Diluted                      21,214,799       16,062,517
                                                ===============  ===============

   See accompanying notes to these condensed consolidated financial statements

<PAGE>

                       GTDATA Corporation and Subsidiaries

                 Condensed Consolidated Statement of Operations
              For the Nine Months Ended September 30, 2002 and 2001
                                   (Unaudited)



                                                      2002             2001
                                                ---------------  ---------------
Net Sales                                           $6,864,241       $6,705,463

Cost of Sales                                        4,504,376        4,421,361
                                                ---------------  ---------------

Gross Profit                                         2,359,865        2,284,102

Operating Expenses:
   Employee Compensation                             1,205,759        1,302,507
   Selling, General, and Administrative              1,030,410        1,486,574
   Stock Compensation for Professional Fees             90,000              -
                                                ---------------  ---------------
Total Operating Expenses                             2,326,169        2,789,081

Operating Profit (Loss)                                 33,696         (504,979)

Other Expense:
   Interest Expense - net                             (134,699)         (63,856)
                                                ---------------  ---------------

Net Loss                                            $ (101,003)      $ (568,835)
                                                ===============  ===============

Basic and Diluted Net Loss Available to Common
Stockholders per Share                              $    (0.01)      $    (0.04)
                                                ===============  ===============
Weighted Average Number of Common Shares
Outstanding - Basic and Diluted                     18,040,648       16,062,517
                                                ===============  ===============

   See accompanying notes to these condensed consolidated financial statements

<PAGE>


                       GTDATA Corporation and Subsidiaries

                 Condensed Consolidated Statements of Cash Flows
              For the Nine Months Ended September 30, 2002 and 2001
                                   (Unaudited)


                                                      2002            2001
                                                ---------------  ---------------
Cash flows from operating activities:
  Net Loss                                           $(101,003)       $(568,835)
  Adjustments to reconcile net loss to net
   cash used in operating activities:
     Interest income on note receivable                (15,309)          (3,729)
     Depreciation and amortization                      62,931          162,183
     Amortization of estimated fair market
       value of options issued for professional fees    90,000              -
     Interest accrued on subscriptions receivable          -            (17,104)
     Allowance for doubtful accounts                   (60,000)             -
       Changes in operating assets and liabilities:
       Accounts receivable                              16,448         (181,683)
       Inventories                                     (98,921)        (390,331)
       Prepaid expenses and other current assets         1,850           11,941
       Other Assets                                    (46,060)          (6,494)
       Accounts payable and accrued liabilities         90,199          581,193
       Accrued payroll and related expenses             54,044          149,569
                                                ---------------  ---------------

       Net Cash used in operating activities            (5,821)        (263,290)
                                                ---------------  ---------------

Cash flows from investing activities:
       Purchases of property and equipment              (7,298)         (14,703)
       Purchase of certificate of deposit              (50,000)             -
       Funds loaned to a third party                       -           (150,000)
                                                ---------------  ---------------

       Net cash used in investing activities           (57,298)        (164,703)
                                                ---------------  ---------------

Cash flows from financing activities:
       Proceeds from the issuance of Common
         Stock, net of commissions paid                    -            112,369
       Proceeds from the issuance of Series B
         Preferred Stock, net of commissions paid          -              5,222
       Proceeds from convertible note payable              -            375,000
       Legal and professional fees related to
         the Private Placement Memorandum              (95,183)             -
       Net borrowings under the line of credit         160,954         (365,180)
       Proceeds from short-term debt                    60,000              -
       Principal repayments on long-term debt         (196,235)         (40,227)
                                                ---------------  ---------------

       Net cash provided by (used in)
         financing activities                          (70,464)          87,184
                                                ---------------  ---------------

Net decrease in cash                                  (133,583)        (340,809)

Cash at beginning of period                            177,317          331,899
                                                ---------------  ---------------

Cash at end of period                                $  43,734        $  (8,910)
                                                ===============  ===============

Supplemental disclosure of cash flow information:
            Cash paid during the period for:
                       Interest                      $  84,843        $  19,595
                                                ===============  ===============

                       Taxes                         $     -          $     -
                                                ===============  ===============

     See accompanying notes to these condensed consolidated financial statements
     for additional information relating to non-cash investing and financing
     activities during the period ended September 30, 2002 and 2001.

<PAGE>


NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPALS

Basis of Presentation
---------------------

         The management of GTDATA Corporation ("GTDATA" or the "Company"), and
its wholly owned subsidiaries, Technical Services & Logistics Inc. ("TSLi) and
GTDATA Delaware, without audit, has prepared the consolidated financial
statements for the nine months ended September 30, 2002 and 2001. Certain
information and note disclosures normally included in the financial statements
prepared in accordance with accounting principles generally accepted in the
United States of America have been omitted. These financial statements should be
read in conjunction with the audited financial statements and notes thereto,
which are included in GTDATA Form 10-KSB filed April 1, 2002. In the opinion of
management, the financial statements contain all adjustments, consisting of
normal recurring adjustments necessary to present fairly the financial position
of GTDATA for the period presented. The interim operating results may not be
indicative of operating results for the full year or for any other interim
periods.

Principles of Consolidation
---------------------------

         The consolidated financial statements include the accounts of the
Company, GTDATA Corporation, and TSLi and GTDATA Delaware, which are wholly
owned subsidiaries of GTDATA. All significant intercompany balances and
transactions have been eliminated in consolidation.

Going Concern
-------------

         The accompanying consolidated financial statements have been prepared
assuming the Company will continue as a going concern, which contemplates, among
other things, the realization of assets and satisfaction of liabilities in the
normal course of business. The Company has negative working capital of $647,987,
a stockholders' deficit of $462,749, and a lack of operational history, among
others, that raise substantial doubt about its ability to continue as a going
concern. The Company hopes to increase earnings from additional revenue services
and other cost-cutting measures. In the absence of significant revenues and
profits, the Company intends to fund operations through additional debt and
equity financing arrangements which management believes may be insufficient to
fund its capital expenditures, working capital, and other cash requirements for
the fiscal year ending December 31, 2002. Therefore, the Company may be required
to seek additional funds to finance its long-term operations. The successful
outcome of future activities cannot be determined at this time and there are no
assurances that if achieved, the Company will have sufficient funds to execute
its intended business plan or generate positive results.

<PAGE>

         These circumstances raise substantial doubt about the Company's ability
to continue as a going concern. The accompanying consolidated financial
statements do not include any adjustments that might result from the outcome of
this uncertainty.

Risks and Uncertainties
-----------------------

         The Company operates in a highly competitive industry that is subject
to intense competition, government regulation, and rapid technological change.
The Company's operations are subject to significant risk and uncertainties
including financial, operational, technological, regulatory and other risks
associated with an emerging business, including the potential risk of business
failure.

Concentration Risk
------------------

         The Company grants credit to customers within the United States of
America and does not require collateral. The Company's ability to collect
receivables is affected by economic fluctuations in the geographic areas served
by the Company. Reserves for uncollectable amounts are provided based on past
experience and a specific analysis of the accounts, which management believes
are sufficient. Although the Company expects to collect amounts due, actual
collections may differ from the estimated amounts.

         Five customers accounted for approximately 75% of total revenue for the
nine months ending September 30, 2002, with one customer accounting for
approximately 32% of total revenue. During the same period last year, the
Company's five largest customers accounted for 63% of total revenue, with the
largest customer, who was also the largest customer in fiscal year 2002,
accounting for approximately 23% of total revenue. The loss of any of these
customers may have a material impact on the Company's financial statements and
results of operations.

Revenue Recognition
-------------------

         The Company records sales when goods are shipped to the customer or
upon the completion of the services.

         In December 1999, the Securities and Exchange Commission issued Staff
Accounting Bulletin 101 ("SAB 101"), "Revenue Recognition," which outlines the
basic criteria that must be met to recognize revenue and provides guidance for
presentation of revenue and for disclosure related to revenue recognition
policies in financial statements filed with the Securities and Exchange
Commission. Management believes the Company's revenue recognition policies
conform to SAB 101.

<PAGE>

Warranty
--------

         The Company provides warranties ranging from ninety days to six months
on certain products sold. Estimated future warranty obligations related to
certain products and services are provided by charges to operations in the
period in which the related revenue is recognized. The Company has a warranty
reserve of approximately $40,000 which is included in accounts payable and
accrued liabilities in the accompanying consolidated balance sheet at September
30, 2002.

Earnings Per Share
------------------

         The Company has adopted Statement of Financial Accounting Standards No.
128 ("SFAS 128"), "Earnings Per Share." Under SFAS 128, basic earnings per share
is computed by dividing income available to common shareholders by the weighted
average number of shares assumed to be outstanding during the period of
computation. Diluted earnings per share is computed similar to basic earnings
per share except that the denominator is increased to include the number of
additional common shares that would have been outstanding if the potential
common shares had been issued and if the additional common shares were dilutive
(none and 134,488 shares as of September 30, 2002 and 2001, respectively).
Because the Company has incurred a net loss in 2002 and 2001, basic and diluted
loss per share are the same as additional potential common shares would be
anti-dilutive.

Business Combinations, Goodwill, and Other Intangible Assets
------------------------------------------------------------

         In July 2001, the Financial Accounting Standards Board ("FASB") issued
Statement on Financial Accounting Standards No. 141 ("SFAS 141"), "Business
Combinations," which is effective for business combinations initiated after June
30, 2001. SFAS No. 141 eliminates the pooling of interest method of accounting
for business combinations and requires that all business combinations occurring
on or after July 1, 2001 are accounted for under the purchase method. In July
2001, the FASB issued SFAS No. 142, "Goodwill and Other Intangible Assets,"
which is effective for fiscal years beginning after December 15, 2001. Early
adoption is permitted for entities with fiscal years beginning after March 15,
2001, provided that the first interim financial statements have not been
previously issued. SFAS No. 142 addresses how intangible assets that are
acquired individually or with a group of other assets should be accounted for in
the financial statements upon their acquisition and after they have been
initially recognized in the financial statements. SFAS No. 142 requires that
goodwill and intangible assets that have indefinite useful lives not be
amortized but rather be tested at least annually for impairment, and intangible
assets that have finite useful lives be amortized over their useful lives. SFAS
No. 142 provides specific guidance for testing goodwill and intangible assets
that will not be amortized for impairment. In addition, SFAS No. 142 expands the
disclosure requirements about goodwill and other intangible assets in the years
subsequent to their acquisition. Impairment losses for goodwill and
indefinite-life intangible assets that arise due to the initial application of
SFAS No. 142 are to be reported as resulting from a change in accounting
principle. However, goodwill and intangible assets acquired after June 30, 2001
will be subject immediately to the provisions of SFAS No. 142. The adoption of
SFAS 141 and 142 did not have a material impact on the Company's financial
statements or results of operations.

<PAGE>

New Accounting Pronouncements
-----------------------------

         Additionally, the FASB has recently issued SFAS No. 143 ("SFAS 143"),
"Accounting for Asset Retirement Obligations" and SFAS No. 144 ("SFAS 144"),
"Accounting for the Impairment or Disposal of Long-Lived Assets." SFAS 143
addresses financial accounting and reporting for obligations associated with the
retirement of tangible long-lived assets and the associated asset retirement
costs, and is effective for financial statements issued for fiscal years
beginning after June 15, 2002. SFAS 144 supersedes SFAS No. 121, "Accounting for
the Impairment of Long-Lived Assets and for Long-Lived Assets to be Disposed
of," and addresses financial accounting and reporting for the impairment or
disposal of long-lived assets, including accounting for a segment of a business
accounted for as a discontinued operation. SFAS 144 is effective for financial
statements issued for fiscal years beginning after December 15, 2001. Management
does not believe that the requirements of such pronouncements will have a
significant impact on the Company's future financial statements.

         SFAS No. 146 ("SFAS 146"), "Accounting for Costs Associated with Exit
or Disposal Activities," is effective for such activities initiated after
December 31, 2002. Activities of this type include restructurings (such as
relocation of a business and fundamental reorganizations of a business itself),
which may give rise to costs such as contract cancellation provisions, employee
relocation, and one-time termination costs. SFAS 146 prohibits liability
recognition based solely on management's intent, and requires that liabilities
be measured at estimated fair market value. Management has not determined the
effect, if any, of SFAS 146 on the Company's future financial statements.

NOTE 2 - SECURITY DEPOSIT ON TSLI FACILITY

         On February 1, 2002 and pursuant to the Company's lease agreement, the
Company was required to pay an additional $64,000 security deposit. The new
lease agreement entered into in November 2001 provides for a total security
deposit in the amount of $96,000, of which $32,000 was paid in November 2001,
and monthly lease payments of $32,000. The lease agreement also provides for the
lease payments for month thirteen and twenty-five to be applied against the
security deposit. The security deposit is recorded under other assets in the
accompanying consolidated balance sheet at September 30, 2002.

NOTE 3 - REPAYMENT OF NOTE PAYABLE

         On March 25, 2002, the Company repaid a note payable to a third party
in the amount of $64,496, including interest of $2,361. The note was originally
for ninety days and accrued interest at the rate of fifteen percent.

<PAGE>

NOTE 4 - STOCKHOLDERS' EQUITY

         During the period ending September 30, 2002, the Company issued 630,000
shares of its common stock to certain shareholders in connection with the
Company's reverse merger with World Internetworks, Inc. in April 2001. The
shares represent additional shares for the fractional shares which resulted from
the merger and the resulting reverse stock split. The Company did not value the
shares as they were a result of the stock exchange between the companies.

NOTE 5 - CONSULTING AGREEMENTS

         On March 28, 2002, the Company entered into a consulting agreement with
the former Chief Executive Officer ("former CEO") of World Internetworks, as a
consultant and advisor to the Company. The former CEO has been retained to
assist the Company with its internet operations, make introductions to possible
strategic partners, and to complete the transfer of ownership of the internet
domain names related to the Company. The former CEO will also assist with
corporate communications and investor relations. The agreement expires in
December 2002. Pursuant to the agreement, the Company granted options to the
former CEO to purchase 250,000 shares of the Company's common stock with a
non-cash exercise feature. The options vest immediately and are exercisable
through March 2012.

         On April 18, 2002, the Company entered into a second agreement with the
former CEO of World Internetworks, Inc. to design, develop, host, and maintain a
web site for the Company and to also handle the Company's public/investor
relations. Pursuant to the agreement, the Company granted options to the former
CEO to purchase 400,000 shares of the Company's common stock with a non-cash
exercise feature. The options vest immediately and are exercisable through April
2012.

         On June 14, 2002 the former CEO of World Internetworks exercised the
above-mentioned 650,000 options utilizing the non-cash exercise feature,
resulting in the Company issuing 650,000 shares of its common stock.

         The above option transactions were measured on the grant dates using
the variable method of accounting as required by SFAS No. 123 and FIN 44. As a
result, the Company recognized total compensation expense of approximately
$90,000 during the period ending June 30, 2002.

NOTE 6 -TERM NOTE

         On April 1, 2002, the Company entered into a $60,000 term note ("Note")
with its current financial lender. The note was repaid in full as of September
27, 2002.

NOTE 7 - SECURED LETTER OF CREDIT

         On April 5, 2002, the Company established a $50,000 secured letter of
credit ("LOC"), with a term of one year, using the proceeds from the above
mentioned term note as collateral. The beneficiary is a major supplier, and

<PAGE>

customer, of the Company. The letter of credit was established so the Company
could purchase product from the supplier for the Company's resale operations.

         The letter of credit is secured by a promissory note in the amount of
$50,000, with a term of one year and an interest rate of 6.75%. As collateral
for the LOC, the Company deposited $50,000 in a certificate of deposit account,
which also has a term of one year and earns the Company 2%.

NOTE 8 - ENGAGEMENT OF SBI E2-CAPITAL USA AND GENERAL PACIFIC PARTNERS

         On June 20, 2002 the Company announced that it has engaged SBI
E2-Capital Inc. ("SBI"), the U.S. investment banking arm of Softbank Investment
Corp., and General Pacific Partners, LLC ("GPP") to assist in the execution of
the Company's corporate finance strategies.

         SBI E2-Capital and General Pacific Partners are preparing a private
placement in order for the Company to raise $2,500,000 in cash through the sale
of the Company's common stock. The private placement provides for 125,000,000
shares of the Company's common stock to be offered at $0.02 per share, less any
commissions of approximately 15%, as defined in the Private Placement
memorandum. The offering is on a best-efforts basis, with no minimum amount
guaranteed to be raised by either SBI E2-Capital USA or General Pacific Partners
LLC.

         Per the agreement, the Company will pay Softbank Investment Corp.
$50,000 for the fairness opinion in relation to the private placement and
entered into a twelve month consulting agreement with General Pacific Partners
LLC at a cost of $15,000 per month. General Pacific Partners will work with the
Company's management to promote the Company's stock and provide investor
relations services. In addition, upon completion of the private placement, the
agreement requires the Company to grant warrants to purchase 1,000,000 shares of
the Company's common stock at $0.01 per share to General Pacific Partners (On
October 31, 2002, the Company canceled the warrant agreement. No additional
warrants have been issued to GPP as of this time).

         In the three months ending September 2002, the Company accrued $85,000
of consulting fees relating to its agreement with GPP, which are included in the
accompanying Consolidated Statement of Operations. As of September 30, 2002,
$10,000 of the $85,000 in accrued fees had been paid in cash and the remaining
$75,000 was recorded in the accounts payable and accrued liabilities section of
the accompanying Consolidated Balance Sheet.

         Per the terms of the agreement between the Company and SBI, the Company
recorded approximately $67,000 in fees relating to the private placement
memorandum ("PPM") during the period ending September 30, 2002. The fees
included $50,000 for the fairness opinion prepared by SBI and an additional
$17,000 in expenses, most of which were legal and professional fees incurred by
SBI during the preparation of the PPM. Due to the fact that the $67,000 in fees
were incurred during a fund-raising activity, they were recorded as a charge to

<PAGE>

additional paid-in capital and are not included in the accompanying Consolidated
Statement of Operations.

         As of the date of this filing, the Company has received $27,500 in
escrow. To date, the escrow funds have not been released to the Company and the
corresponding shares of the Company's common stock have not been issued.

NOTE 9 - NON-BINDING LETTER OF INTENT TO ACQUIRE A NON-FRANCHISE DISTRIBUTOR

         On June 24, 2002, the Company signed a non-binding letter of intent to
acquire a non-franchise distributor ("Acquiree"). The Company believes the
Acquiree to be a leader in their specific data-storage field.

         Pursuant to the terms of the non-binding agreement, the purchase price
will be $300,000 in cash plus the Company will issue 200,000 shares of its
common stock for all the outstanding shares of the Acquiree. The $300,000 is to
be paid over nine months in equal installments, with the first payment due upon
the date of acquisition. The Company will account for the acquisition in
conformity with SFAS 141, with the acquired company becoming a wholly-owned
subsidiary of GTDATA Corp.

         As of the date of this filing, the Company was still performing its due
diligence and there were no additional developments relating to this proposed
acquisition.

NOTE 10 - CONVERSION OF CONVERTIBLE NOTE PAYABLE INTO EQUITY

         In July 2001, the Company sold $375,000 of convertible subordinated
debentures in an offering under Regulation S of the Securities and Exchange
Commission. The debentures carried a 10% stated rate of interest and matured on
May 31, 2002. The debenture holder also had the right, at their option, at any
time on or before the close of business on May 31, 2002, to convert the
principal and accrued, but unpaid, interest on these debentures into 1,249,875
shares of the Company's common stock. In addition, the Company issued the
debenture holder a warrant, with an expiration date of May 31, 2002, for the
right to purchase an additional 1,249,875 shares of the Company's common stock
at a price of $0.40 per share. The warrant expired on May 31, 2002 with the
debenture holder opting not to exercise its right to acquire the additional
1,249,875 shares of the Company's common stock.

         On September 12, 2002, the holder of the $375,000 convertible debenture
payable converted the entire amount owed into the Company's common stock. Per
the terms of the conversion agreement dated September 12, 2002, the holder of
the note received 18,750,000 shares of the Company's common stock at a price of
$0.02 per share.

         Unpaid, accrued interest on the note totals $8,337 and will be paid by
the Company in the quarter ending December 31, 2002.

<PAGE>

NOTE 11 - CONVERSION OF RELATED PARTY DEBT INTO EQUITY

         Effective September 12, 2002, Robert Genesi, CEO and President of the
Company, and Tony Giraudo, a founder of the Company, agreed to convert $300,000
and $70,000, respectively, of funds owed them into the Company's common stock at
a conversion price of $0.02 per share. Per the terms of the conversion
agreement, the Company issued 15,000,000 shares of its common stock to Mr.
Genesi and 3,500,000 shares to Mr. Giraudo. As of September 30, 2002, the
Company had notes payable to Mr. Genesi and Mr. Giraudo in the amounts of
$40,000 and $182,766, respectively, with accrued, unpaid interest totaling
approximately $121,000. The $222,766 is included in the notes payable to related
parties section of the accompanying Consolidated Balance Sheet, and the accrued,
unpaid interest is included in the accounts payable and accrued liabilities
section.

NOTE 12 - SUBSCRIPTIONS RECEIVABLE

         During the quarter ending September 30, 2002, the Company reclassified
$360,789 that was previously recorded as subscriptions receivable on the
Consolidated Balance Sheet. The subscriptions receivable were related to
founder's stock granted to Robert Genesi, the Company's CEO and President, and
Tony Giraudo, a founder of the Company. The Company reclassed $348,588 as a
reduction to additional paid-in capital at September 30, 2002.

NOTE 13 - SUBSEQUENT EVENTS

         On October 7, 2002, the Company reached a settlement with a former
employee of TSLi who had filed previously disclosed claims against the Company
regarding his termination from TSLi. The settlement was minor and had no impact
on the Company's results of operations as of September 30, 2002.

         On October 22, 2002, Little Wonders, Inc., a company partly owned by
Robert Genesi, the CEO and President of the Company, agreed to convert $20,000
of the $40,000 that it had loaned the Company into the Company's common stock.
Per the terms of the conversion agreement, the Company will issue 1,000,000
shares of its common stock to Little Wonders at a conversion price of $0.02 per
share (the current PPM price). The $40,000 note is included in the notes payable
to related parties section of the accompanying Consolidated Balance Sheet as of
September 30, 2002.

         On October 28, 2002, the Company renewed its revolving line of credit
for an additional year, and also increased the limit of the line from $1,000,000
to $1,500,000. The terms of the credit agreement remain unchanged.

         On October 31, 2002, the Company canceled the warrant agreement issued
to GPP that gave them the right to purchase 1,000,000 shares of the Company's
common stock at a price of $0.01 per share

<PAGE>

NOTE 14 - COMMITMENTS AND CONTINGENCIES

         The Company may from time to time, be involved in various claims,
lawsuits, disputes with third parties, actions involving allegations or
discrimination, or breach of contract actions incidental to the normal
operations of its business. The Company is currently not involved in any such
litigation which management believes could have a material adverse effect on its
financial position or results of operations.

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS

Overview
--------

         This report on Form 10-QSB contains, in addition to historical
information, forward-looking statements that involve substantial risks and
uncertainties. Our actual results could differ materially from the results
anticipated by us and discussed in the forward-looking statements. Factors that
could cause or contribute to such differences are discussed in the section
entitled "factors that may affect our business, operating results and financial
condition" in the Company's 10-KSB, as amended, for the year ended December 31,
2001.

         GTDATA Corporation (the "Company" or "GTDATA") is a Nevada based
corporation that operates its wholly-owned subsidiaries, Technical Services &
Logistics, Inc. (TSLi) and GTDATA Delaware (GTDATA Delaware is merely a legal
entity; it has no assets or operations of any nature). TSLi was acquired on
February 28, 2000 and specializes in the repair and remarketing of mass storage
products such as hard drives, tape drives, tape libraries, CD Roms, and optical
drives. TSLi also provides logistics support for its customers through its
Vendor Managed Inventory programs that deliver refurbished, working drives to
the customer within 24 hours. TSLi's primary customers are the major OEMs,
although TSLi also provides its products and services to other, smaller
companies.

         The following analysis of the Company's operations refers primarily to
those of TSLi, which constitute the majority of the Company's business
activities. GTDATA is primarily a holding company, with only one employee and no
offices or tangible assets. The structure of the Company is such that all legal
and professional fees, including, but not limited to, audits, taxes, legal, and
fund-raising fees are allocated to GTDATA, while TSLi records expenses incurred
in the normal course of it's operations. Expenses incurred by GTDATA are
primarily wages and legal and professional fees.

RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2002 COMPARED TO
SEPTEMBER 30, 2001 AND THE NINE MONTHS ENDED SEPTEMBER 30, 2002 COMPARED TO
SEPTEMBER 30, 2001.

Revenue
-------

         Revenue for the three months ending September 30, 2002 was $2,364,524,
an increase of $276,234 (13.2%) compared to the $2,088,290 from the same period
last year. Repair revenue was $1,474,806 (62.4% of total revenue) for the

<PAGE>

current period, down $15,462 (1.0%) from the $1,490,268 (71.4% of total revenue)
for the same period in fiscal year 2001. Sales revenue increased $291,696
(48.8%) for the current period, with total sales revenue of $889,718 (37.6% of
total revenue) for the current quarter and $598,022 (28.6% of total revenue) for
the same period last year.

         During the nine months ending September 30, 2002, the Company had
revenues of $6,864,241, an increase of $158,778 (2.4%) from the $6,705,463 for
the same period in fiscal year 2001. Repair revenue was $4,896,333, or 71.3% of
total revenue for the period, versus $4,869,988 (72.6% of revenue) for the same
period last year. Sales revenue was $1,967,908 (28.7% of revenue) for the
current period versus $1,835,475 (27.4% of revenue) for the same period last
year.

         Revenue increased due to the improved performance of the Company's
resale operations. Repair revenue for both the three month and nine month
periods was basically flat, while revenue from resale activities was up $291,696
(48.8%) for the three month period and $132,433 (7.2%) for the nine month
period. The primary reason for the increase in resale revenue is because the
Company recently gained access to the excess inventory of one of our core OEM
customers, resulting in the sale of approximately $220,000 of product during the
three-month period ending September 30, 2002. Revenue from resale activities
also benefited from the expanding of our relationship with a foreign customer
who originally utilized only the Company's repair services. During the quarter
just ended, the Company recorded resale revenue of approximately $25,000 with
this customer.

Gross Profit
------------

         For the three months ending September 30, 2002, gross profit totaled
$760,049, or 32.1% of total revenue, compared to $583,640, or 27.9% of total
revenue for the same period last year. The $176,409 (30.2%) increase in gross
profit was due to the $276,234 increase in revenue, which was offset by the
$99,825 increase in the cost of sales. Cost of sales increased as the result of
higher direct labor costs and higher overhead costs, which increased by
approximately $15,800 (5.1%) and $92,500 (18.3%), respectively. The higher
direct labor costs are attributed to annual merit increases, which average about
5% per year. The increase in overhead is the result of various factors, such as
increases in the cost of rent, health insurance, property insurance, utilities,
and repairs and maintenance. Additionally, in fiscal year 2002, the Company
began allocating one-half of the salary of its Chief Operating Officer (COO) to
manufacturing overhead, which amounts to approximately $22,500 per quarter. The
allocation of half the COO's salary to manufacturing overhead accounts for
approximately 4.4% of the increase in overhead costs from the same period a year
ago. The increase in direct labor and overhead costs was partially offset by a
decrease of approximately $9,600 in freight costs.

         For the nine months ending September 30, 2002, gross profit was
$2,359,865, or 34.4% of revenue, compared to gross profit of $2,284,102, or
34.1% of revenue, for the same period last year. This represents an increase of

<PAGE>

$75,763 on a year-to-year basis and is the result of the $158,778 increase in
revenue, which was partially offset by the $83,015 increase in the cost of
sales. On a year-to-year basis, gross profit increased 3.3% while cost of sales
increased 1.9%.

Operating Expenses
------------------

         During the three months ending September 30, 2002, operating expenses
totaled $711,311 (30.1% of revenue), an increase of $8,357 (1.2%) from the
$702,954 (33.7% of revenue) incurred during the same period last year. As
mentioned in footnote no. 8, the Company recorded $85,000 in consulting fees
that were not originally scheduled to begin until after the completion of the
private placement memorandum. Excluding these charges, operating expenses
decreased by $76,643, or 10.9%, from the same period last year.

         For the nine months ending September 30, 2002, operating expenses
totaled $2,326,169 (33.9% of revenue) for the current period, a decrease of
$462,912, or 16.6%, from the $2,789,081 (41.6% of revenue) incurred during the
same period last year. Included in the year to date operating expenses for
fiscal year 2002 is a non-cash, non-recurring charge of $90,000 for professional
fees. Excluding this charge, operating expenses decreased $552,912, or 19.8%,
from the same period last year. Legal and professional fees through the first
nine months of fiscal year 2002 totaled $287,478, a decrease of $226,718 (44.1%)
from the $514,196 incurred in the same period last year. Legal and professional
fees were significantly higher through the first nine months of last year as a
result of the reverse merger with World Internetworks and the negotiations to
merge with Trace Affex. Other costs associated with the merger, that were not
legal and professional fees, accounted for an additional $100,000 in the same
period last year.

         Other factors contributing to the significant reduction in operating
expenses include the decrease in R&D expenses and the allocation of half the
salary of the Company's COO to manufacturing overhead, which amounted to
approximately $62,000 and $67,500, respectively, in the nine month period ending
September 30, 2002. Amortization of goodwill was zero in the current period, as
the Company wrote-off its unamortized goodwill at year-end 2001. This resulted
in savings of approximately $26,400 during the first nine months of fiscal year
2002.

Income from Operations
----------------------

         During the three months ended September 30, 2002, the Company had an
operating profit of $48,738 compared to an operating loss of $119,314 for the
same period last year. Excluding the $85,000 in consulting fees relating to the
Company's agreement with General Pacific Partners ("GPP"), the Company's
operating profit for the current period would have been $133,738. Increased
revenue in the current quarter was the primary reason for the significant
improvement in operating profit, as operating expenses were nearly identical as
compared to the same period last year.

<PAGE>


         Income from operations for the first nine months of fiscal 2002 was
$33,696, compared to an operating loss of $504,979 in the same period last year.
Excluding the non-cash, non-recurring charge of $90,000 for professional fees
that the Company incurred in the period ending June 30, 2002, and the $85,000 of
consulting fees for GPP, income from operations for the first nine months of
fiscal year 2002 would have been $208,696. Increased revenue and lower operating
expenses, as detailed in the previous section, are the primary reasons for the
improvement in year to date operating profit as compared to last year.

Earnings before Interest, Taxes, Depreciation, and Amortization of Non-Cash
---------------------------------------------------------------------------
Charges (EBITDA)
----------------

         EBITDA for the three months ending September 30, 2002 was $69,819
versus ($68,735) in fiscal year 2001. Depreciation expense was $21,081 in the
current quarter, with depreciation of $41,777 and amortization of goodwill of
$8,802 in the same quarter last year.

         For the nine months ending September 30, 2002, EBITDA was $186,627
compared to EBITDA of ($342,796) in the same period last year. Depreciation and
amortization of the professional fees for the current period was $62,931 and
$90,000, respectively. In the same period last year, depreciation and
amortization of goodwill totaled $135,777 and $26,406, respectively.

Interest Expense
----------------

         For the three months ending September 30, 2002, net interest expense
was $55,309, with total interest expense of $59,536 and interest income of
$4,227. Included in the interest expense of $59,536 is a charge of $12,201,
which represents interest income that the Company had previously recorded on
subscriptions receivable for the months of January 2002 through June 2002 (see
footnote no. 12). In the same quarter last year, net interest expense was
$24,002, with total interest expense of $34,127 and interest income of $10,125.

         Net interest expense for the nine-month period was $134,699, with
interest expense totaling $147,096 and interest income of $12,397. In the same
period last year, net interest expense was $63,856, with interest expense of
$86,482 and interest income of $22,626. Net interest expense for the first nine
months of fiscal year 2002 increased $72,214 (113%) from the same period last
year.

         The increase in interest expense was the result of increased debt. At
September 30, 2002 the Company owed $818,142 on its line of credit compared to
zero at September 30, 2001. In addition, the Company has borrowed approximately
$212,000 since September 30, 2001, of which approximately $102,000 has been
repaid as of September 30, 2002. The additional borrowing resulted in higher
interest charges.

<PAGE>

Assets and Liabilities
----------------------

         At September 30, 2002, the Company had total assets of $3,152,229
compared to total assets of $3,089,453 at December 31, 2001. Cash was $43,734 as
of September 30, 2002, down $133,583 from the $177,317 cash on hand as of
December 31, 2001. Cash used in operations was $5,821, cash used in investing
was $57,298, and cash used in financing activities was $70,464, with net cash
used during the current period being $133,583. Major cash out-flows included net
inventory purchases of $98,921, the $64,000 security deposit for the Company's
leased headquarters, the $95,183 of financing fees, and the purchase of the
$50,000 certificate of deposit. These out-flows were partially offset by the
$90,200 increase in accounts payable and accrued liabilities, the $54,044
increase in accrued wages and related expenses, and net borrowings of $24,719.
as compared to their respective balances at December 31, 2001.

         Net accounts receivable were $1,410,397 at September 30, 2002, an
increase of $43,552 (3.2%) from the $1,366,845 at December 31, 2001. Net
inventories increased $98,921 (8.5%), to $1,260,759, from the $1,161,838 at
December 31, 2001. The increase in net inventories is attributable to product
purchased for the Company's resale activities.

         Net fixed assets totaled $73,032 at September 30, 2002 compared to
$128,665 at December 31, 2001. Purchases of fixed assets totaled $7,298 during
the current period, while depreciation and amortization totaled $62,931,
resulting in a net decrease in fixed assets of $55,633.

         Total liabilities at September 30, 2002 were $3,614,978, a decrease of
$576,038 (13.7%) from the $4,191,016 at December 31, 2001. Accounts payable and
accrued liabilities were $1,731,244 at September 30, 2002, an increase of
$57,433 (3.4%) from the $1,673,811 at December 31, 2001. Included in accrued
liabilities is $230,339 of liabilities of TSLi UK, a former subsidiary of TSLi
US that was shut down as of year-end 2000. Accounts payable and accrued
liabilities increased due to legal and professional fees incurred in relation to
the Company's fund-raising activities.

         Accrued payroll totaled $642,926 at September 30, 2002, compared to
$588,882 at December 31, 2001. Accrued payroll at TSLi increased $21,368, with
the remaining $32,676 increase resulting from Robert Genesi, the Company's CEO,
receiving only partial payment of his current and prior wages, with the balance
being accrued. Accrued interest payable, which is included in accounts payable
and accrued liabilities, was $188,189 at September 30, 2002, an increase of
$49,856 from the $138,333 at December 31, 2001.

         Notes payable and other debt totaled $1,240,808 at September 30, 2002,
a decrease of $687,515 (35.6%) from the $1,928,323 at December 31, 2001. Credit
line debt increased by $160,954 to $818,142 at September 30, 2002. Notes payable
were reduced by the repayment of $62,135 that was loaned to the Company in
December 2001 and by an additional $745,000 that was converted into the
Company's common stock.

<PAGE>

   The following is a summary of notes payable:

                                       September 30, 2002     December 31, 2001
                                       ------------------     -----------------
   Notes payable to related parties          $360,766              $698,000
   Convertible note payable                       --                375,000
   Credit Line                                818,142               657,188
   Term note to Lender                         61,900               136,000
   Other Note Payable                             --                 62,135
                                       ------------------     -----------------
                                           $1,240,808            $1,928,323

Stockholder's Deficit
---------------------

         Stockholder's deficit was $462,749 at September 30, 2002, a decrease of
$638,814 from the $1,101,563 at December 31, 2001. The changes in stockholder's
equity were as follows:

  Balance as of December 31, 2001                  ($1,101,563)
  Net Loss                                            (101,003)
  Financing Fees                                       (95,183)
  Issuance of common stock for debt conversion         745,000
  Estimated fair market value of options                90,000
                                                   ------------
                                                     ($462,749)

Liquidity and Capital Resources
-------------------------------

         As of September 30, 2002, the Company had $3,152,229 in total assets,
including $43,734 in cash, $50,000 in a certificate of deposit, $1,410,397 in
accounts receivable, $1,260,759 in inventories, and net fixed assets of $73,032.
The accounts receivable are considered by management to have a high probability
of collection, as a majority of the receivables are to large OEMs. Inventories
consist primarily of hard drives and tapes drives and are very marketable,
although by nature their value tends to decrease over time as newer, more
advanced products are brought to market. Fixed assets consist primarily of
computers, office furniture and equipment, software, and test equipment. Due to
the age and proprietary nature of most of the fixed assets, these assets
probably have limited value to those outside the Company.

         Also at September 30, 2002, total liabilities were $3,614,978,
including accounts payable and accrued liabilities of $1,731,244, accrued
payroll and related expenses of $642,926, and notes payable of $1,240,808. The
accrued liabilities include $230,339 of liabilities of TSLi UK, a subsidiary of
TSLi US that was shut down at the end of fiscal year 1999. Accrued wages include
$429,598 of accrued salary and related expenses for Robert Genesi, the Company's
Chief Executive Officer. Notes payable include $222,766 to Robert Genesi and
Anthony Giraudo, a former director of the Company. Notes payable also includes
$818,142 owed on the Company's credit line with its financial lender. At
September 30, 2002, the Company had approximately $27,000 of availability on its
credit line for short-term financing needs.

<PAGE>

         During the period ended September 30, 2002, the Company used $5,821 of
cash in its operations, used $57,298 in investing activities, and used $70,464
in its financing activities, with net cash used during the period of $133,583.
Excluding the $50,000 that the Company used to purchase a certificate of
deposit, net cash used was $83,583.

         The Company had negative working capital of $647,987 at September 30,
2002. The Company expects its operations to continue using net cash through at
least the second quarter of fiscal year 2003 as it continues to invest in new
business opportunities and repay debt obligations. Thus, the Company's success,
including its ability to fund future operations, depends largely on its ability
to secure additional funding. There can be no assurance that the Company will be
able to consummate debt or equity financings in a timely manner, on a basis
favorable to the Company, or at all.

Inflation
---------

         Management believes that inflation has not had a material effect on the
Company's results of operations.

Going Concern
-------------

         The Company's independent certified public accountants have stated in
their reports included in the Company's Form 10-KSB dated April 1, 2002 that the
Company has negative working capital, lack of operations history, and an
accumulated deficit. These conditions, among others, raise substantial doubt
about the Company's ability to continue as a going concern.

ITEM 3.  CONTROLS AND PROCEDURES.

(a) Evaluation of Disclosure Controls and Procedures.

         Within the ninety (90) days prior to the date of this report, the
Company carried out an evaluation, under the supervision and with the
participation of the Company's management, including the Company's Chief
Executive Officer and Chief Financial Officer, of the effectiveness of the
design and operation of the Company's disclosure controls and procedures
pursuant to the Exchange Act Rule 13a-14. Based upon that evaluation, the Chief
Executive Officer and Chief Financial Officer concluded that the Company's
disclosure controls and procedures are effective to ensure that all material
information relating to the Company and its consolidated subsidiaries required
to be included in the Company's periodic SEC filings has been made known to them
in a timely fashion.

(b) Changes in Internal Controls.

         There were no significant changes in the Company's internal controls or
in other factors that could significantly affect these internal controls
subsequent to the date of our most recent evaluation.

<PAGE>

                           PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS.

         The Company may, from time to time, be involved in various claims,
lawsuits or disputes with third parties, actions including discrimination or
breach of contract or actions incidental to the operations of its business.

         The Company received a Notice of Filing of Discrimination Complaint
from the Department of Fair Employment and Housing ("DFEH") on July 12, 2002 in
regard to a former employee of the Company. The Company reached a settlement
with this former employee on October 7, 2002 for a non-material amount. In
addition, the Company received a Notice of Case Closure from the DFEH on August
6, 2002 indicating that a discrimination complaint in regard to another former
employee of the Company has been closed and that such former employee has
requested an immediate right-to-sue notice. At this time, the Company has not
received notice of a lawsuit regarding such former employee, but such notice may
be forthcoming.

         The Company received a demand for arbitration regarding the repayment
of a promissory note. While the Company is going to arbitrate the claim, the
Company has been and is diligently pursuing a settlement of such claim and
expects to reach a settlement satisfactory to both parties.

         The Company is not currently a party to any other legal proceedings,
the adverse outcome of which, individually or in the aggregate would have a
material adverse effect on its financial position or results of operations.

ITEM 2.  CHANGES IN SECURITIES.

         On March 28, 2002 and April 18, 2002, the Company granted to Steven
Hansen, former CEO of World Internetworks, options to purchase up to 250,000 and
400,000 shares of the Company's common stock, respectively. The options were
issued under the Company's 2001 stock option plan. On June 14, 2002, Steven
Hansen exercised all of the above-referenced options and the Company issued
650,000 shares of its common stock.

         On June 30, 2002, the Company issued 630,000 shares of restricted
common stock to 22 shareholders of the Company. Such shares were issued in
connection with the Company's reverse merger with World Internetworks, Inc. that
took place in April 2001.

         On September 12, 2002, the Company issued 15,000,000 shares of
restricted common stock to Robert Genesi and 3,500,000 shares of restricted
common stock to Tony Giraudo in return for their conversion of $300,000 and
$70,000 of funds owed to them by the Company, respectively. In addition, on
September 12, 2002, the Company issued 18,750,000 shares of restricted common
stock to a debenture holder in exchange for the conversion of $375,000 owed to
such holder pursuant to a convertible subordinated debenture. All three of these
conversions took place at a conversion price of $0.02 per share.

<PAGE>

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES.

None.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

None

ITEM 5.  OTHER INFORMATION.

None.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K.

(a) Exhibits

         3.1   Articles of Incorporation filed March 17, 1986, which is
incorporated herein by reference to Exhibit 3.1 to the Registrant's Statement on
Form SB-2, Registration No.  333-35766, as amended (Registrant's Statement on
Form SB-2)

         3.2   Articles of Amendment filed September 5, 1996, which is
incorporated herein by reference to Exhibit 3.1 to the Registrant's Statement on
Form SB-2.

         3.3   Certificate Pursuant to section 78.207(4) of the Nevada Revised
Statues filed October 11, 1996, which is incorporated h herein by reference to
Exhibit 3.1 to the Registrant's Statement on Form SB-2.

         3.4   Certificate Pursuant to section 78.207(4) of the Nevada Revised
Statues filed October 24, 1996, which is incorporated herein by reference to
Exhibit 3.1 to the Registrant's Statement on Form SB-2.

         3.5   Certificate of Amendment filed March 30, 1998, which is
incorporated herein by reference to Exhibit 3.1 to the Registrant's Statement on
Form SB-2.

         3.6   Certificate of Amendment filed August 31, 1998, which is
incorporated herein by reference to Exhibit 3.1 to the Registrant's Statement on
Form SB-2.

         3.7   Certificate Pursuant to Section 78.207(4) of the Nevada Revised
Statutes filed March 16, 2001.

         3.8   Amended Bylaws of World Internetworks, Inc.

         3.9   Certificate of Amendment filed November 30, 2001.

<PAGE>

         10.1  Agreement and Plan of Reorganization and Merger dated
February 27, 2001 between GTDATA, Inc., GTD Acquisition, Inc.  and GTData
Corporation, which is incorporated herein by reference to Exhibit 2.1 to the
Registrant's Statement on Form 8-K dated March 22, 2001.

         21.1  Subsidiaries of Registrant.

         99.1  Certifications

  (b) Reports on Form 8-K

         None


<PAGE>


         In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


                                                   GTDATA Corporation


Date:  November 13, 2002                           /s/ Robert Genesi
                                                   ------------------
                                                   Robert Genesi, President and
                                                   Chief Executive Officer


Date:  November 13, 2002                           /s/ John Genesi
                                                   ------------------
                                                   John Genesi, Chief
                                                   Financial Officer
<PAGE>


EXHIBIT 99.1

                CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350
            PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

         In connection with the Quarterly Report of GTDATA Corporation (the
"Company" on Form 10-QSB for the period ended September 30, 2002, as filed with
the Securities and Exchange Commission on the date hereof (the "Report"), the
undersigned, in the capacity and on the dates indicated below, hereby certifies
pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, that to the best of his knowledge:

         1.    The Report fully complies with the requirements of Section 13(a)
or 15(d) of the Securities Exchange Act of 1934; and

         2.    The information contained in the Report fairly presents, in all
material respects, the financial condition and results of operations of the
Company.


                           /s/  Robert Genesi
                           ----------------------------
                           Robert Genesi, President and       November 13, 2002
                           Chief Executive Officer


<PAGE>


                CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350
            PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

         In connection with the Quarterly Report of GTDATA Corporation (the
"Company" on Form 10-QSB for the period ended September 30, 2002, as filed with
the Securities and Exchange Commission on the date hereof (the "Report"), the
undersigned, in the capacity and on the dates indicated below, hereby certifies
pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, that to the best of his knowledge:

         1.    The Report fully complies with the requirements of Section 13(a)
or 15(d) of the Securities Exchange Act of 1934; and

         2.    The information contained in the Report fairly presents, in all
material respects, the financial condition and results of operations of the
Company.


                           /s/  John Genesi
                           ----------------------------
                           John Genesi, Chief Financial       November 13, 2002
                           Officer





<PAGE>


I, Robert Genesi, certify that:

1. I have reviewed this report on Form 10-QSB of GTDATA Corporation;

2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;

3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this quarterly report.

4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and have: a) designed
such disclosure controls and procedures to ensure that material information
relating to the registrant, including its consolidated subsidiaries, is made
known to us by others within those entities, particularly during the period in
which this quarterly report is being prepared; b) evaluated the effectiveness of
the registrant's disclosure controls and procedures as of a date within 90 days
prior to the filing date of this quarterly report (the "Evaluation Date"); and
c) presented in this quarterly report our conclusions about the effectiveness of
the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent
functions): a) all significant deficiencies in the design or operation of
internal controls which could adversely affect the registrant's ability to
record, process, summarize and report financial data and have identified for the
registrant's auditors any material weaknesses in internal controls; and b) any
fraud, whether or not material, that involves management or other employees who
have a significant role in the registrant's internal controls; and

6. The registrant's other certifying officers and I have indicated in this
quarterly report whether there were significant changes in internal controls or
in other factors that could significantly affect internal controls subsequent to
the date of our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.

Date: November 13, 2002

/s/ Robert Genesi
----------------------------------
Robert Genesi, Chief Executive
Officer and President

<PAGE>

I, John Genesi, certify that:

1. I have reviewed this report on Form 10-QSB of GTDATA Corporation;

2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;

3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this quarterly report.

4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and have: a) designed
such disclosure controls and procedures to ensure that material information
relating to the registrant, including its consolidated subsidiaries, is made
known to us by others within those entities, particularly during the period in
which this quarterly report is being prepared; b) evaluated the effectiveness of
the registrant's disclosure controls and procedures as of a date within 90 days
prior to the filing date of this quarterly report (the "Evaluation Date"); and
c) presented in this quarterly report our conclusions about the effectiveness of
the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent
functions): a) all significant deficiencies in the design or operation of
internal controls which could adversely affect the registrant's ability to
record, process, summarize and report financial data and have identified for the
registrant's auditors any material weaknesses in internal controls; and b) any
fraud, whether or not material, that involves management or other employees who
have a significant role in the registrant's internal controls; and

6. The registrant's other certifying officers and I have indicated in this
quarterly report whether there were significant changes in internal controls or
in other factors that could significantly affect internal controls subsequent to
the date of our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.

Date: November 13, 2002

/s/ John Genesi
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John Genesi, Chief Financial
Officer