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Technology Stocks : Covad Communications - COVD

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From: JakeStraw1/19/2006 11:49:23 AM
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Covad's PBXi Plus Provides Affordable Business-Class VoIP and Broadband Bundle to Small Business Market
biz.yahoo.com
Thursday January 19, 8:50 am ET

Deal Announced with National Retailer Group USA

SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 19, 2006--Covad Communications Group, Inc. (AMEX:DVW), a leading national provider of integrated voice and data communications, has announced Covad VoIP PBXi Plus, a business-class offering aimed at small businesses and distributed enterprises with existing on-premise phone equipment.

"Covad VoIP PBXi Plus gives Covad an affordable offering specifically tailored for the needs of small businesses and distributed enterprises with existing PBX or key telephone systems," said Dave McMorrow, executive vice president of sales and strategic alliances. "For Covad, this product offers a short sales cycle and easy customer implementation, and is particularly well suited for our existing high-volume channels. With PBXi Plus, Covad expands its addressable market to reach customers nationwide with an interest in premises-based VoIP solutions."

Concurrently Covad announced a major deal with Group USA, a national retailer of women's clothing with 32 locations in 17 states and Puerto Rico.

"Group USA chose Covad VoIP PBXi Plus because it allows us to leverage our existing phone system investment while realizing a 25 percent monthly costs savings," said Mark Koda, chief financial officer for Group USA. "Covad's voice and broadband gives us free calling between our locations, and much faster data communications between stores and headquarters."

Elka Popova, manager of the IP Communications and Enterprise Solutions groups at Frost & Sullivan, said about Covad's VoIP offerings, "For small businesses and distributed enterprises, cost savings is the number one reason for choosing an integrated voice and data access service. Additionally, these companies may not yet be ready to adopt a fully-hosted VoIP solution, so integrated access is a good alternative."

Covad VoIP PBXi Plus runs over Covad's Voice-Optimized Access (VOA) T1 lines. VOA allows Covad to manage the quality of both voice and data services simultaneously and enables customer cost savings of up to 55 percent. This product is based on the Covad hosted platform and supports both the features of the PBX system and some of its own, including new online management and configuration capabilities. Covad also offers a hosted business-class VoIP product, Covad vPBX, for customers who want the convenience and reliability of a fully-managed VoIP solution.

Covad VoIP PBXi Plus integrates easily into business phone systems because all the original handsets, phone numbers and equipment are retained. Full e-911 service is included.
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