SOURCE: NaeroDynamics, Inc

November 18, 2009 18:01 ET

TelePacific Signs Three Year Contract With IE Telco Solutions to Reduce Telecom Circuit Spend

CHICAGO, IL--(Marketwire - November 18, 2009) - Telecom circuit cost management specialists IE Telco Solutions (IETS), a wholly owned subsidiary of NaeroDynamics, Inc. (PINKSHEETS: NDYN) has signed a three year managed service contract with Los Angeles based TelePacific Communications to identify opportunities for optimizing the carrier's network and reduce telecom circuit spend.

"Using our proprietary software Enterprise Circuit Manager (ECM) and our Telco expertise we will deliver a comprehensive cleansed report of TelePacific's telecom circuit lifecycle identifying increased savings in their circuit spend. We usually reduce costs by up to 15-20%," says Steve Fiveash, IETS Head of US operations. "The three year contract means that the cost reduction process will be ongoing. We will be able to make recommendations for fine tuning and optimizing TelePacific's procurement process, provide automated circuit lifecycle management and identify areas for process improvements."

"Our network is one of our largest areas of spend and working with IETS gives us an opportunity to significantly reduce our cost base while continuing to provide high levels of service to our customers," said Craig Maloof, Director, Network Planning and Project Management at TelePacific.

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. www.ietelcosolutions.com

TelePacific is a facility based Competitive Local Exchange Carrier headquartered in Los Angeles. In business since 1998, the Company provides services on TelePacific owned switches and network infrastructure, including local and long distance voice, dedicated Internet access, private networking, and data transport services as well as bundled voice and Internet solutions. www.telepacific.com

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

  • Contact:
    Steve Fiveash
    Head of US Business
    +1 404-543-4731
    Email Contact

    Rebecca Rosen
    Director of Marketing
    +1 213-213-3622
    Email Contact