FYI: NJ.
24 stocks every investor should consider. From Salomon Smith Barney
CTC COMMUNICATIONS OPENS BRANCH OFFICE IN BLOOMFIELD, NJ
(The following is a reformatted version of a press release
issued by CTC Communications.)
CTC COMMUNICATIONS ENHANCES MID-ATLANTIC PRESENCE WITH OPENING OF
A NEW BRANCH OFFICE IN BLOOMFIELD, N.J.
New Branch Taps Large Market, Completes N. Y. Metro Presence and
Opens the New Jersey Marketplace
Waltham, Massachusetts, December 8, 1999 -- CTC
Communications (NASDAQ: CPTL), a rapidly expanding provider of
state-of-the-art integrated communications solutions for
medium-to-larger enterprises in The Northeast U.S. today
announced the opening of a strategically placed branch in
Bloomfield, N.J. The new location completes CTC's full market
presence in the New York City metro area, opens the northern New
Jersey market and continues CTC's southerly expansion.
CTC believes that the Bloomfield office will enable the
Company to manage existing accounts locally, and Bloomfield's
proximity to the busy Port of New York and New Jersey makes it
particularly attractive, given the area's booming business
sector, with growing retail, distribution and biotech firms.
Bloomfield also complements CTC Communication's Metro New York
presence, where the Company currently operates two offices in
Manhattan, two in Westchester and two on Long Island serving a
solid and expanding base of business customers.
"As a Company that takes great pride in locating its account
executives and customer service representatives directly in the
markets we serve, CTC's Bloomfield office will enable us to
locally manage the communications needs of our customers in the
region," stated Tony Vermette, CTC's Vice President of Sales. "In
addition, the New York metro area presents great potential for
businesses to tap into our recently deployed Cisco powered,
IP-centric IntelliNET, now being introduced in the Mid-Atlantic
states."
Heading the Bloomfield office is newly promoted Branch
Manager Rob Kilkowski, who brings 20 years of management
experience and a wealth of knowledge of the New York and northern
New Jersey markets to his new post.
Added CTC's Mr. Vermette, "Rob's expertise with business
customers in the fields of transportation, logistics and biotech,
coupled with a proven track record of successfully managing major
customer accounts, make him an excellent choice to lead the
Bloomfield office."
The Bloomfield branch represents the latest in a series of
strategic expansion moves by CTC Communications in the most
robust telecommunications region in the world -- the Washington
D.C. to Boston corridor. On November 15, the Company announced it
will open new branch offices in suburban Philadelphia and in
Princeton, N.J. CTC also plans additional offices in Pittsburgh,
Pa., Washington D.C., Bethesda, Md., and Arlington, Va. within 12
months.
CTC recently distinguished itself through the successful
commercial rollout of its Cisco powered Integrated Communications
Network (ICN). Called IntelliNET, it is composed initially of 22
Cisco-powered hub locations, providing service in each of the New
England States, New York and New Jersey. Representing an
investment to date of over $55 million, the network is powered by
a suite of Cisco networking products, including IP, frame relay
and ATM, thus enabling CTC to deliver converged, value-added,
high-speed Internet, data, video and long distance voice services
to its growing customer base. The company recently announced that
it is on schedule to have 200 business customer locations "live"
on the new network by year end, and move to full commercial
production in 2000.
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