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Technology Stocks : Covad Communications - COVD -- Ignore unavailable to you. Want to Upgrade?


To: SimplePleasures who wrote (10046)3/1/2006 8:52:09 AM
From: rrufff  Respond to of 10485
 
DVW 1.30 Covad Announces Small Business VoIP and Broadband Distribution Deal With Intelisys at Spring 2006 Channel Partners Conference & Expo

Business Wire - March 01, 2006 08:00

Covad Becomes Primary VoIP Provider to Sell Through Intelisys Distribution Network of 450 Sales Partners

SAN JOSE, Calif., Mar 01, 2006 (BUSINESS WIRE) -- Covad Communications Group, Inc. (AMEX:DVW), a leading national provider of integrated voice and data communications, has signed a deal with Intelisys, one of the nation's leading Master Agency distributor of business telecommunications services. The deal, which was announced today at the Spring 2006 Channel Partners Conference & Expo, enables Intelisys' distribution network of more than 450 independent sales partners to sell Covad's VoIP and broadband products to small businesses.

"Covad is pleased to partner with Intelisys to increase our reach into the small business market and provide them with industry-leading VoIP and broadband solutions," said Tim Gaines, Covad senior vice president, Field Sales. "Covad has had a long and successful relationship with Resource Communications, a recent merger partner of Intelisys. This merger will enable Intelisys partners to benefit from Resource Communications' expertise regarding Covad's services."

"Covad has all the attributes we are looking for in a partner," said Dana Topping, president of Intelisys' newly formed Resource Customer Solutions business unit. "Their national network, portfolio of business-class voice and data solutions, professional technical and sales expertise, and singular focus on the small business customer all combine to make Covad a leader in this space."

Intelisys also has deployed Covad's vPBX hosted VoIP solution throughout its organization. Covad vPBX voice service delivers feature-rich, integrated local, long distance, and high-speed Internet access communications all over one fully managed network connection.

Intelisys provides Covad with access to a nationwide network that includes many of the industry's most accomplished independent telecom consultants and value added resellers. The services of a Master Agency will allow Covad to better serve its customers by providing contact between Intelisys sales partners and Covad channel representatives specialized in delivering high value, integrated communication solutions. Intelisys is a distributor of voice and data solutions from over 25 telecommunications providers including Qwest, Sprint, and Verizon. Covad is the primary VoIP-focused provider to offer integrated voice and data services through Intelisys' distribution network.

About Covad

Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.

About Intelisys

Founded in 1994 by industry veterans Rick Dellar and Rick Sheldon, Intelisys is the nation's leading Master Agency distributor of business communications services representing 25 telecommunications service providers. Intelisys provides these services through an elite network of the industry's most accomplished and professional independent telecom consultants and value-added resellers. Intelisys is the only telecom Master Agency focused exclusively on meeting the demands of the industry's top-producing independent sales organizations. In 2006 Intelisys merged with Resource Communications, an industry-leading telecommunications solutions provider founded by owner Dana Topping, and announced the newly formed Resource Customer Solutions business unit to provide hosted CRM and telecom expense management services. Website www.intelisys.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

The foregoing contains "forward-looking statements" which are based on management's current information and beliefs as well as on a number of assumptions concerning future events made by management. Examples of forward-looking statements include expectations regarding the VoIP market and expectations regarding Covad's relationship with Intelisys. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Covad's control that could cause actual results to differ materially from such statements. These risk factors include the ability of Covad to sell and deliver its services efficiently, to effectively compete with other providers of voice and broadband services, and to maintain an efficient cost structure, as well as potential changes in telecommunications regulations, among other risks. For a more detailed description of the risk factors that could cause such a difference, please see Covad's 10-K, 10-Q, 8-K and other filings with the Securities and Exchange Commission. Covad disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of Covad.

SOURCE: Covad Communications Group, Inc.

Covad Communications
Michael Doherty, 408-952-7431 (Media)
mdoherty@covad.com
Susan Jin Davis, 408-434-2130 (Investor Relations)
investorrelations@covad.com
or
Intelisys
Jay Bradley, 707-238-8107 (Media)
jbradley@intelisyscorp.com
or
Pinkston Group
Christian Pinkston, 703-574-2137 (Media)
pinkston@pinkstongroup.com

Copyright Business Wire 2006