National Wireless Carrier Extends Contract With WFI for Hosted Call Routing Management Solution
November 16 2006 - 4:05PM
PR Newswire (US)
National Carrier Continues to Realize Significant Cost Savings With
RouteWatch(R) SAN DIEGO, Nov. 16 /PRNewswire-FirstCall/ -- WFI
(NASDAQ:WFII), a global leader in the design, deployment, and
management of wireless communication networks, information
technology solutions and security systems, announced today that it
has signed an agreement with a national wireless carrier to
continue providing call routing management services via
RouteWatch(R). The carrier will extend the use of the RouteWatch
technology with WFI and its partner, Connectiv Solutions, Inc., in
a continued effort to reduce network expenses for this carrier's
markets. The two-year contract extension is valued at approximately
$1.2 million. RouteWatch is a comprehensive, top down solution
incorporating both a web application and supporting services for
identifying and quantifying variable network savings for network
operators, a solution that is not easily provided with other tools.
With a non-intrusive approach, RouteWatch can be deployed and
scaled quickly to support the needs of different carriers or
service providers to maximize their return on investment (ROI).
RouteWatch has been instrumental in assisting carriers in managing
and reducing their variable expenses, ranging from 12% to 18%,
often equating to millions of dollars in savings. "The contract
extension with this existing client is further validation of the
tremendous value this solution is bringing to the wireless
community," added Brian Silvestri, Vice President of Business
Development for Connectiv Solutions. "Since developing this tool,
we have been working with a number of carriers to identify
potential savings opportunities and reduction in network expenses.
The most innovative carriers have recognized the power of
RouteWatch to assist them in reducing network expenses." "Today's
announcement highlights the ongoing importance of the value-added
solutions WFI provides in helping our customers achieve significant
cost savings," said Eric DeMarco, president and CEO of WFI. "The
WFI and Connectiv Solutions partnership continues to demonstrate
the success of our best of breed software, tools and products
partnership strategy, which we initiated earlier this year for the
delivery of higher-value, differentiating offerings to our carrier
customers." "Additionally, our strategic relationship with
Connectiv Solutions is furthering our strategy of building
recurring revenue and profit streams throughout each area of WFI
business," DeMarco concluded. About WFI Headquartered in San Diego,
CA, WFI is an independent provider of systems engineering, network
services and technical outsourcing for the world's largest wireless
carriers, enterprise customers and for government agencies. The
company provides the design, deployment, integration, and the
overall management of wired and wireless networks which deliver
voice and data communication, and which support advanced security
systems. WFI has performed work in over 100 countries since its
founding in 1994. News and information are available at
http://www.wfinet.com/. (code: WFI-mb) About Connectiv Solutions
Based in Bethesda, MD, Connectiv Solutions is an innovative
consulting firm providing practical solutions and applications for
service providers, government and enterprise customers within the
telecommunications arena. With a focus on simplifying complex and
overwhelming data streams, our solutions allow customers to
effectively manage their network resources while ensuring their
financial goals are achieved. For more information, visit
http://www.connectiv-solutions.com/. Notice Regarding
Forward-Looking Statements This news release contains certain
forward-looking statements including, without limitation, expressed
or implied statements concerning the Company's expectations
regarding the value of the potential opportunities in the pipeline,
anticipated operating results for 2006, future financial
performance and cash flows and market developments that involve
risks and uncertainties. Such statements are only predictions, and
the Company's actual results may differ materially. Factors that
may cause the Company's results to differ include, but are not
limited to: risks associated with the integration of MRC into WFI
Government Services; risks associated with increased debt leverage;
risks that the anticipated benefits of the acquisition will not be
achieved; changes in the scope or timing of the Company's projects;
changes or cutbacks in spending by the U.S. Department of Defense,
which could cause delays or cancellations of key government
contracts; slowdowns in telecommunications infrastructure spending
in the United States and globally, which could delay network
deployment and reduce demand for the Company's services; the
timing, rescheduling or cancellation of significant customer
contracts and agreements, or consolidation by or the loss of key
customers; failure to successfully consummate acquisitions or
integrate acquired operations; the rate of adoption of telecom
outsourcing by network carriers and equipment suppliers; the rate
of growth of adoption of WLAN and wireless security systems by
enterprises; and competition in the marketplace which could reduce
revenues and profit margins. The Company undertakes no obligation
to update any forward-looking statements. These and other risk
factors are more fully discussed in the Company's Quarterly Report
on Form 10-Q for the period ended September 30, 2006 and in other
filings made with the Securities and Exchange Commission. Contact:
Michael Baehr VP of Corporate Communications & Investor
Relations Wireless Facilities, Inc. 858.228.2799 Direct DATASOURCE:
WFI CONTACT: Michael Baehr, VP of Corporate Communications &
Investor Relations of Wireless Facilities, Inc., +1-858-228-2799,
Web site: http://www.wfinet.com/
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