Somera Launches RecoveryPLUS(TM) Asset Management Services
2005年4月29日 - 6:05AM
PRニュース・ワイアー (英語)
Somera Launches RecoveryPLUS(TM) Asset Management Services -
Commenced Implementation with Top 10 National Service Provider
DALLAS, April 28 /PRNewswire-FirstCall/ -- Somera Communications
(NASDAQ:SMRA), a global provider of telecommunications asset
management services, today announced the official market launch of
Somera RecoveryPLUS(TM), a program designed to deliver five to ten
percent annual capex savings to telecom service providers. The
Somera RecoveryPLUS(TM) program is designed to help service
providers recover a greater percentage of their original investment
in equipment and optimize their return on legacy equipment assets
and excess or redundant inventories. This has become an
increasingly important issue given the unprecedented consolidation
occurring in the telecom industry and the rapid pace of technology
migration and displacement. RecoveryPLUS is intended to be a
self-funded, comprehensive cost saving program that optimizes
return on assets of mature technologies and preserves capital for
investment in new business development. The program is designed to
offer inventory discovery and analysis, proprietary data mining
solutions, expert equipment valuation and disposition, and
procurement services that drive measurable dollar savings and
expense relief. RecoveryPLUS leverages Somera's decade of
intellectual property related to tracking asset values,
comprehensive global exchange of over 1,100 service provides, and
Sarbanes- Oxley Act (SOX) enhanced processes. Somera commenced
implementation of its first RecoveryPLUS program during the first
quarter of 2005 with a top 10 national telecom service provider in
North America. This project has already generated seven-digit
savings to the customer as a result of Somera's expert analysis and
valuation of legacy equipment assets and creative disposition
options to maximize return. "RecoveryPLUS is a key component of our
lifecycle management services offering in helping customers to
recapture much of their original investment in existing equipment
inventories and lower overall capital outlay," said David W. Heard,
President and Chief Executive Officer of Somera. "We believe the
immediate value delivered to our first RecoveryPLUS customer
provides clear evidence of Somera's ability to optimize return on
assets of mature technologies to provide measurable, repeatable
savings. This is particularly critical for large wireless and
wireline service providers given the cost pressures associated with
the vast amount of consolidation occurring in the telecom industry
today." "Service providers today are especially interested in
programs that will drive savings synergies and free up capital to
allow for the heavy capital investment in new technologies," added
Jay T. Hilbert, Senior Vice President of Global Sales and
Marketing. "RecoveryPLUS is designed to help our customers discover
the value locked up in their legacy networks. These assets can have
tremendous potential to be re-deployed back into other areas of
their networks to reduce expense outlay for maintenance or
remarketed to other service providers to generate clear and
immediate cash flow." About Somera Somera launched its family of
Lifecycle Management Services in 2004 in response to an
industry-wide need for telecom asset management to optimize return
on assets. Somera's product offerings enable service providers to
generate greater value from legacy assets in the form of lower
operating costs, longer product life, higher productivity, and real
measurable capital savings. With Somera LifecyclePLUS, customers
can outsource elements of network operations, logistics, and
technical service. Somera RecoveryPLUS(TM) is a program approach to
deliver documented savings and expense relief by recovering hidden
value in current under-utilized assets and inventories. Somera
RepairPLUS provides comprehensive support for wireless, wireline,
and data products at significant savings and reduced cycle times.
These services are in addition to Somera's traditional Brokerage
business that provides immediate availability of quality, warranted
new and refurbished equipment at savings of 25 to 60%. Founded in
1995, Somera has developed an impressive base of over 1,100
customers worldwide, including the industry leaders from each
segment of the telecommunications market. Visit Somera on the web
at http://www.somera.com/. This news release contains
forward-looking statements as that term is defined in Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, including those
regarding Somera's ability to sell and execute on its RecoveryPLUS
strategy. Forward-looking statements involve a number of risks and
uncertainties including, but not limited to, general economic
conditions particularly affecting the telecommunications industry;
capital equipment spending levels in the telecommunications
industry, including the risk of continued customer spending delays
associated with carrier consolidation; the impact of competition in
the market for supplying equipment to telecommunications operators;
the risk of potential shortage of product supply; Somera's ability
to build its lifecycle management services and RecoveryPLUS
capabilities,; and other factors fully described in the company's
reports to the Securities and Exchange Commission (SEC), including
but not limited to, the Annual Report on Form 10-K for the fiscal
year ended December, 31, 2004, and Quarterly Reports on Form 10-Q.
Actual results may differ materially from the statements contained
in this new release. The company does not undertake to update any
forward-looking statements that may be made by or on behalf of the
company. Copies of Somera's SEC filings may be obtained by
contacting Investor Relations, Somera Communications, at
1-805-681-3322. DATASOURCE: Somera Communications CONTACT: Kelly
Delany, Director, Communications of Somera Communications,
+1-805-681-3322, Web site: http://www.somera.com/
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