SOURCE: NaeroDynamics, Inc.

April 16, 2010 17:14 ET

Rohan Chanmugam, CEO of IE Telco Solutions Ltd., Gets Praise From Clients Worldwide: Nearly $1 Billion in Total Savings Found Through Cleansing and Optimization Services

CHICAGO, IL--(Marketwire - April 16, 2010) -  NaeroDynamics, Inc.'s (PINKSHEETS: NDYN) wholly owned subsidiary, IE Telco Solutions Ltd. (IETS), a leading provider of financial management and business information solutions for telecommunications companies, is proud to share some of the testimonials that Rohan Chanmugam Co-Founder and CEO of IETS has received over his illustrious career from CEOs and CFOs throughout Europe and North America.

Rohan Chanmugam and his management team are at the forefront of solving the global problem of revenue leakage from telecom networks. According to KPMG, (Total Telecom: April 8, 2010) research indicates that the global telecoms industry loses a massive $40 billion per year as a result of revenue leakage. 54% of the telecoms operators surveyed claimed they lose more than 1% of their revenues through leakage. 15% put revenue leakage at more than 3%, with some of those admitting to losing as much as 10% of their revenues. The lack of good data means that operators are in many cases struggling to identify leaks. Indeed, around 40% of respondents estimated that under half of all revenue leakage is identified, and in developing markets many said that less than 10% of leaks are spotted.

"With Rohan's help we have achieved substantial savings and now have the systems in place to successfully compete for business from major carriers."

Head of Technical Solutions Group, COLT

"Rohan and his team identified £million's of savings and lost revenue that directly improved our P&L position. They completed this work in a timely, sensitive and professional manner and ensured that our staff improved their business as usual processes. I am now confident that our biggest cost area is under control and can strongly recommend Rohan Chanmugam."

Riki Kinnaird, Chief Financial Officer, Vialtus Solutions

"Rohan helped us to ensure that we would successfully fulfill the requirements of the independent audit. They understood our business and the complex issues relating to the various entities. Industry knowledge, flexibility and meeting our deadline were critical to the success of this exercise. Rohan and his team met our requirements on all counts."

Mike Read, Chief Executive, Pipex

"I was the Chief Financial Officer of Equant NV from 1995 to 2003. Rohan joined us in 2000, and in 2001 following the merger of Global One and Equant was appointed Senior VP Network Business Management. He was extremely successful in this role which was responsible for Carrier relations (including Access costs), Supply Chain Management, Real estate and Facilities Management. During an approximate 18 month period he reduced costs by some $800 million, including a 40% reduction in Access costs. These savings fell more or less directly through to Equant's bottom line and also contributed significantly to a $700 million operating cash flow improvement."

John Allkins, Former CFO Equant NV

"During my tenure at Equant as the President of Customer Service and Network, Rohan Chanmugam's efforts were principal in accomplishing a near $870 million USD savings in less than 19 months. A significant portion of these operating costs savings were associated with telecommunications costs reductions driven through Rohan Chanmugam's Telecom Management and Finance operating unit. Prior to that, in my position of Managing Director of the SITA-Equant Joint Venture ($1.5 billion USD), Rohan served as my Deputy and was an instrumental contributor to our reduction of $100 million USD in operating costs in a one year period.

C. Jack Norris, Chief Operating Officer, NuVox Communications

"Global Capacity has engaged IE Telco Solutions (IETS) to provide data normalization services in support of Global Capacity's network optimization practice. Global Capacity uses a global information base of telecom supply and pricing data, supported by propriety tools and systems, to analyze clients networks and identify opportunities to reduce cost. Effective analysis is predicated on the ability to have clean data, including validated and accurately addressed geo-coded address information. IETS utilizes a combination of proprietary software and subject matter expertise to cleanse and normalize client data, including address validation and geo-coding. Global Capacity has found IETS to be flexible, responsive and thorough in their support of Global Capacity, and their efforts have accelerated network optimization efforts with key Global Capacity clients. Their attention to detail and ability to consistently work to very tight deadlines were especially helpful to us. I would be very happy to recommend them to you."

Patrick C. Shutt, Chief Executive Officer, Global Capacity, Inc.

About Us:

IE Telco Solutions Ltd (IETS), a wholly owned subsidiary of NaeroDynamics, Inc., specializes in managing and reducing telecoms circuit costs for Telcos and large enterprise. The Company offers a powerful combination of highly skilled and experienced telecoms professionals combined with a unique software application Enterprise Circuit Manager (ECM). ECM ensures full circuit lifecycle inventory control, significant data quality improvements, supplier invoice reconciliation, network optimization, and proven cost reduction.

Forward-Looking Statements:

Certain information discussed in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the company's inability to accurately forecast its operating results; the company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the company's business. For further information on factors which could impact the company and the statements contained herein, reference should be made to the company's filings with the Securities and Exchange Commission, including annual reports on Form 10-KSB, quarterly reports on Form 10-QSB and current reports on Form 8-K. The company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Contact Information

  • NaeroDynamics, Inc.
    Lee Wiskowski
    630 874 0862