Somera Communications Signs First Lifecycle Management Services Agreement in Asia Pacific Region
2005年8月5日 - 6:01AM
PRニュース・ワイアー (英語)
DALLAS, Aug. 4 /PRNewswire-FirstCall/ -- Somera Communications
(NASDAQ:SMRA), a global provider of telecommunications asset
management and recovery services, today announced the signing of a
multi-million dollar Lifecycle Management Services agreement with
S.A. Telecom System Ltd., a leading wireless carrier in Bangladesh.
This relationship represents Somera's first services agreement with
a carrier in the Asia Pacific region. S.A. Telecom is in the
process of deploying a wireless network in the southeastern region
of Bangladesh, and has engaged Somera to provide ancillary
equipment and services to complement the primary CDMA equipment
being furnished by a major telecom OEM. Under this program, which
is scheduled to be implemented over an 18-month timeframe, Somera
will be responsible for the provisioning of equipment,
installation, testing, site specifications, training, spares, and
the overall successful operation of its portion of the network. "We
chose Somera to recommend CDMA infrastructure and also
cost-effectively source, deploy and manage ancillary equipment for
our network on a turnkey basis," said Md. Shahabuddin Alam,
Managing Director of S.A. Telecom. "Having expertise with
end-to-end network equipment from over 350 telecom manufacturers
and repair/spares capabilities for over 40,000 products from more
than 50 manufacturers, Somera provided us with a vendor-agnostic
opinion for sourcing the telecom infrastructure while ensuring
industry-leading price-performance. We are confident that
leveraging Somera's capabilities will allow us to rapidly deploy,
operate and maintain our network cost-effectively." "We are very
pleased to assist S.A. Telecom in the buildout of a wireless
network that will cover a population of approximately 50 million
subscribers," said David W. Heard, Somera's President and Chief
Executive Officer. "Our ability to provide turnkey auxiliary
services and deliver meaningful cost savings by using a
vendor-agnostic asset manager made us uniquely suited to win this
project. We are optimistic that we will demonstrate significant
value to S.A. Telecom during the initial buildout phase and convert
this relationship into a longer-term contract covering the ongoing
management of their network assets. "We continue to make steady
progress in the ramp-up of our services business and add more
annuity-based revenue to our business mix. S.A. Telecom represents
the first international carrier to engage our new services, and is
a direct result of our efforts to increase our presence in key
markets such as the Asia Pacific region. In the past few months, we
have added highly seasoned telecom veterans Sanjay Vidyarthi and
Donald Brown to oversee our Asia Pacific operations, and their
strong relationships in the region are helping to build a solid
pipeline of new business opportunities for Somera," said Mr. Heard.
Sanjay Vidyarthi has been appointed Somera's Managing Director for
the Asia Pacific region. Mr. Vidyarthi has more than 18 years
experience in telecommunications having worked in Asia, Europe and
the United States. He previously served as Chief Operating Officer
for Tekelec's operations in India and held a number of senior
marketing and technical positions at Lucent Technologies. Donald
Brown has been appointed Director of Business Operations for the
Asia Pacific region. Mr. Brown has more than 30 years of
telecommunications experience including senior management positions
in sales, marketing, implementation and customer support with
AT&T/Lucent Technologies and most recently Tekelec. The
majority of Mr. Brown's experience has been in various positions in
the Far East as part of AT&T/Lucent's highly successful
globalization of its switching and wireless product lines. 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
underutilized 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 the terms and
conditions of the contract with S.A. Telecom, the anticipated size
of the contract, the satisfactory provision of services to S.A.
Telecom, potential future revenue opportunities with S.A. Telecom,
and our ability to capitalize on other new business opportunities
in the Asia Pacific region. Forward-looking statements involve
certain risks and uncertainties that could cause actual results to
differ materially from those projected in the forward-looking
statements contained in this release, 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 and
equipment lifecycle management services to telecommunications
operators; the risk of potential shortage of product supply; and
Somera's ability to build its lifecycle management services
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.
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 Securities & Exchange Commission filings may be
obtained by contacting Financial Relations Board at 617-520-7064 or
by visiting the Investor section of Somera's web site at
http://www.somera.com/. DATASOURCE: Somera Communications CONTACT:
Tony Rossi, Investor Relations, +1-310-854-8317, , for Somera
Communications Web site: http://www.somera.com/
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