SOURCE: Business Continuity Solutions, Inc.

Business Continuity Solutions, Inc.

September 07, 2011 08:30 ET

BCS Partners With Polycom to Deliver 'Hardware as a Service' Funding Solution to Polycom Resellers

Business Continuity Solutions, Inc. (BCS) Announces Deal With Polycom to Provide Its HaaS Program of Services Including Access to Its National Funding Desk™ to Polycom's Reseller Channel

GRANITE FALLS, NC--(Marketwire - Sep 7, 2011) - Business Continuity Solutions, Inc. (BCS) (PINKSHEETS: BUCS), today announced an agreement with Polycom®, Inc. (NASDAQ: PLCM), a global leader in unified communications (UC), to provide a "Hardware as a Service" (HaaS) financing solution to Polycom resellers. The BCS HaaS offering is a complimentary service to the Polycom Capital Program for internet telephony service providers (ITSPs), which offers financing for members of Polycom's Premier ITSP Program.

"The Business Continuity HaaS Business Model is a perfect fit to enhance a reseller's ability to demonstrate their value proposition in the marketplace," said BCS CEO Ramsey Dellinger. "How? Among other things, by providing customers with a unique way to pay for their technology as they use it. Working capital has never been more critical than today nor is it likely to change in the near term."

BCS will provide its acclaimed HaaS Program of Services to Polycom's reseller channel. Polycom's resellers and partners will be able to bundle their own products and services into a single payment to their clients. HaaS is a funding solution offered to resellers which enables them to offer a monthly payment plan to customers for hardware. The HaaS solution provides all the benefits of a cash sale to the reseller by freeing up capital. To support the HaaS Program, BCS will provide: a HAAS quotation tool, proposal templates, branded Managed Service Provider MSP/funding agreements and access to the BCS National Funding Desk to handle all of the paperwork. Once a Polycom reseller is authorized they can utilize HaaS funding in marketing their products and services directly to their clients.

"With our BCS partnership in place, we now offer the ability to incorporate the value-added flexibility and benefits that the BCS HaaS Program of Services has to offer to our own clientele," says Jay Kim, CFO of Stage 2 Networks, a New York-based converged network services provider and Polycom reseller. Stage 2 Networks has been helping small to medium sized businesses with a variety of communications solutions that scales to business needs with the most advanced and robust network that provides built-in redundancy, security and disaster recovery features. "The HaaS program's design is a great alternative to leasing/purchasing of depreciating assets for buyers who are more interested in leveraging the latest technology rather than incurring the financial baggage that comes with the traditional total cost of ownership; upfront and over time," he added.

"BCS also plans to provide its HaaS FasTrac Training program for Polycom's resellers," Dellinger said. "Training is an important key to success so we have devised a program where Polycom resellers will be able to sign up for a comprehensive, six-course training curriculum for Hardware as a Service. We believe this relationship will significantly drive revenue for all of our business units as we move forward with our relationship,"

BCS provides turnkey solutions for backup, disaster and recovery requirements that are tailored to the needs of a company or government agency or department. Solutions include the only complete "all-in-one" backup and recovery solution that enables local recoveries from any type of failure in just minutes, with the added assurance of off-site application and image backup and bare metal recovery from a total site disaster. The BCS name has become synonymous with delivering piece of mind for the protection of critical business data in the event of a catastrophic event.

This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the technology industry; the positioning of BCS, Inc. in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether BCS, Inc. can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.

Contact Information

  • Contact Information:
    Ramsey Dellinger
    Business Continuity Solutions, Inc.
    Phone: 855-221-3282
    E-Mail: Email Contact