Press Releases
Veracity Networks Offers World-Class Service with a Local TouchMerger of Broadweave Networks and Veracity Communications completed—network upgrades on tap
PROVO, Utah – November 20, 2009 – Veracity Networks today announced the finalized merger of Broadweave Networks and Veracity Communications, creating the premier, local provider of telecommunications services. This merger allows Veracity Networks to offer an expanded array of offerings to its more than 20,000 Utah customers. These customers will benefit from superior customer service and advanced technology platforms—including a powerful fiber-optic network—to deliver optimal Internet, phone and video capabilities.
“We are excited about the new capabilities we can now offer our customers—both in terms of products and customer care,” said Drew Peterson, CEO of Veracity Networks. “Combining our two companies will provide customers with the highest Internet speeds and the best in customer service. Because we understand local issues and needs, Veracity Networks is far more responsive than any national provider.” Along with the completion of the regulatory and shareholder approvals, the company announced the finalization of employee, network and systems integration. “The speed of this accomplishment shows the extraordinary commitment, experience and knowledge of our employees,” Peterson said. “It’s exciting to see the momentum and synergies of the combined companies, demonstrated by our largest sales month ever.” As a result, customers have already benefited from the outcome of this merger.
Veracity Networks is also pleased to announce significant upgrades to the company’s fiber optic network in Provo. Over the next four months the network will be upgraded to add new data features, additional redundancy and advanced network integration—allowing greater flexibility, stability and scalability. The increase in throughput will also enable an increased number of high definition video channels for video customers.
About Veracity Networks Veracity Networks (www.veracitynetworks.com) delivers high-speed Internet, TV and phone services to both residential and commercial customers via a state-of-the-art fiber-optic network. The company combines its advanced communications services with local, friendly and accessible customer service to save its customers both time and money while they enjoy unmatched Internet speed, high-definition video and feature-rich telephone services. With a combined leadership of more than 50 years experience, Veracity Networks executive leadership is focused on providing premium, local telecommunications services.
Broadweave Networks and Veracity Communications Merger Expands Local Offerings
New company Veracity Networks positioned to be the premier, local provider of telecommunications
Provo, Utah – August, 18, 2009 – Broadweave Networks and Veracity Communications today announced a merger of the two companies to form Veracity Networks, a premier, local, provider of telecommunications services. The combined companies will continue to serve more than 20,000 customers in Utah, while opening the doors to new customers eager to enjoy the benefits of fiber optic services. Veracity Networks will combine superior customer service with advanced technology platforms and a powerful fiber optic network to deliver the best in Internet, phone, and video services to local customers.
Broadweave Networks and Veracity Communications have experienced tremendous growth in customers and revenues over the past year, but with growth comes capital needs for infrastructure, equipment and new customer installs. By joining forces, both companies will be able to realize economies of scale to reduce costs and make it possible to expand more quickly.
“We are excited at the proposed opportunities and benefits that Veracity Networks will provide our business,” said Dave Elkington, CEO of Insidesales.com. “We look forward to building our business with the same great products and services we have always enjoyed.”
Because of the merger, customers of both companies will enjoy the benefit of a broader array of voice services, Internet connectivity, video services and customer service. Both companies bring important technology skills and expertise that together will create a more complete product offering. Because Veracity Networks will remain a local provider, the only change that customers will notice is the new company name on their bills. Veracity Networks is now positioned to grow the local network, expand its products, and deliver greater service to both business and residential customers.
Veracity Networks will combine leadership talent from both companies, with continued involvement from Broadweave’s existing Board of Directors and the proven leadership of Drew Petersen as the CEO of the new company. Completion of the merger is expected to occur promptly following necessary approvals from regulatory and government entities.
Combine
About Broadweave Networks
Broadweave Networks (www.broadweave.com) delivers high-speed Internet, TV, and phone services to both residential and commercial customers via Fiber-To-The-Premises (FTTP) networks. The company couples its technically advanced communications services with local, friendly, and accessible customer service to save its customers both time and money while they enjoy unmatched Internet speed, high-definition video, and feature-rich telephone services. Broadweave is currently providing services in Provo, Traverse Mountain, and Sienna Hills, Utah. Broadweave also delivers commercial data and telephony services to small and mid-size businesses and enterprises, and recently introduced its new Voice over IP (VOIP) suite of Go Big! Instant Office Tools for small and home office users.
About Veracity Communications
Veracity Communications (www.veracitycom.net) is a CLEC that was formed in 2002 by three partners with 50 years combined experience in the telecommunication industry. They were all tired of the un-kept promises, hidden fees, surcharges and other negative traits that plague so many companies in the industry. The need was recognized for a company that truly values the small and medium-sized businesses. By combining an existing company, Off-Campus Telecommunications, with an energetic sales force, a top notch network and a caring customer service team, Veracity Communications was born in Provo, Utah. Organically grown and privately held since the beginning, Veracity Communications understands that in order to be successful our customers have to be satisfied.
Veracity expands product line with Adtran's Total Access 5000
Provo, Utah June 2, 2009 - Veracity a leading provider of next-generation network solutions, today announced they have chosen Adtran’s Total Access 5000 Multi-Service Access and Aggregation Platform to expand their product line up and reach more customers.
This platform revolutionizes converged networking by enabling Veracity to deliver next-generation services like IPTV, high speed internet and Voice over IP (VoIP) across an all IP/Ethernet core without stranding their legacy service base, thus creating a scalable service delivery model across the network.
Offering a pure IP/Ethernet core, the Total Access 5000 provides both emerging and existing service interfaces over copper and fiber, easily supporting even the most bandwidth intensive applications. It provides a scalable architecture that is designed to migrate with the network, providing flexible copper and fiber termination options. In addition, the Total Access 5000 offers uplink into both legacy and next-generation core networks, including support for both TDM and VoIP switches. Its ability to convert traditional voice and legacy data to IP provides carriers with a platform that seamlessly integrates with IP Multimedia Subsystems (IMS) standards.
"Today, carriers are looking for ways to increase revenues and lower operational costs as they roll out advanced, IP- based services," said Jeff Heynen, directing analyst, Broadband and IPTV, Infonetics Research. "ADTRAN is addressing this need with the Total Access 5000. This product intelligently supports both emerging and legacy services using an IP/Ethernet core, allowing carriers to quickly and easily transition to converged networks."
The Total Access 5000 supports a wide range of network applications including IP DSLAM, broadband loop carrier, Fiber to the Node (FTTN), Metro Ethernet services via both fiber and bonded copper, access and aggregation, media gateway and future support for fiber to the premises (FTTP). Key global, standards-based technologies are being integrated into the product, such as Ethernet in the First Mile (EFM), ADSL2+, VDSL2, E.SHDSL, Resilient Packet Ring (RPR), Pseudowire Emulation Edge-to-Edge (PWE3), and Gigabit Passive Optical Networking (GPON).
The Total Access 5000 is supported by ADTRAN's Total Access Element Management System (EMS) for integrated operational support. This industry-proven system utilizes an all-Java architecture to provide configuration, performance, network assurance, accounting, and security functions for ADTRAN's Total Access Systems, OPTI systems, and MX products.
About ADTRAN
ADTRAN, Inc. is one of the world's most successful network access equipment suppliers, with an 18-year history of profitability and a portfolio of more than 1,400 solutions for use in the last mile of today's telecommunications networks. Widely deployed by carriers and enterprises alike, ADTRAN solutions enable voice, data, video, and Internet communications across copper, fiber, and wireless network infrastructures. ADTRAN solutions are currently in use by every major U.S. service provider and many global ones, as well as by thousands of public, private and governmental organizations worldwide.
Veracity partners with Brain Candy Media and Relevant Marketing to release its Small Business Product
Provo, Utah, April 13, 2009 - Veracity Communications has partnered with Brain Candy Media and Relevant Marketing to release a new website that will enable small businesses to purchase phone, fax and internet services online. Veracity is announcing three new products centered around home based business; Small Business Digital, which is a low cost business line with a large suite of features; Small Business Complete, which is a low cost business line with a full suite of features and free long distance included; and Trilogy, which is our complete home based business solution including internet, 2 full feature business lines, advance faxing capabilities and includes free long distance.
Veracity was founded in the late 1980s as Off Campus Telecommunications providing local dial tone and long distance to off‐campus student housing at universities and colleges across Utah. In the mid 90’s the company started its ISP business and in 2002 launched Veracity Communications to provide services to business customers in Utah County. Since 2002 Veracity Communications acquired its CLEC certificate, built out Veracity’s next Generation Local and Long Distance network and in 2008 will finish building out is Fiber network connecting Veracity’s Network throughout the state.
Veracity is headquartered in Provo, Utah.
Brain Candy Media is a full media services company, providing services in web design, print, and graphic design, as well as video and film production. The websites we create are clean, professional and effective. We develop and design websites from initial design to completion. On the video and film production side, we have been leaders in the industry completing projects ranging from corporate videos, short and long form commercials, documentaries and infomercials. See our website at www.braincandymediaonline.com for more information.
Relevant, Inc:
Relevant, Inc is about two things:
• Bringing more new customers to your business
• Driving more sales from your current customers
This may be the toughest market in decades, and surviving in these market conditions isn't easy. It takes a consistent balance of profitable new customers, while also maximizing the existing customer‐base you've already developed. At Relevant, Inc we understand this dilemma and have developed solutions that drive results. We believe that marketing is not a single campaign, it's an ongoing process. Relevant creates a series of coordinated, clearly defined and measured efforts that become a process, not a single campaign. This in turn drives revenue.
Our services:
• Building a Web Presence based on Marketing Principles
• Customer Analysis, Profiling and Segmentation
• Customer Retention Marketing
• Online Marketing
• Email Marketing
• Direct Mail Marketing
• Using Education as a Marketing Tool
• Marketing Automation
• Marketing Measurement and Analysis
• Digital Print
Contact Information:
Veracity Communications
Christina Jackson
cjackson@veracitycom.net
Brain Candy Media
Rachel Ward
rachel@braincandymediaonline.com
Relevant Marketing
Mark Willis
mark@relevantinc.com
UTOPIA and Veracity Communications
Strengthen Relationship
West Valley City, Utah October 7, 2008 – Today the Open Service Provider Network model took a major step forward as the Utah Telecommunication Open Infrastructure Agency (“UTOPIA") announced that Veracity Communications strengthened its relationship with UTOPIA by continuing to provide telecommunications services over the UTOPIA open access fiber-optic network.
This announcement is a result of recent strategic decision taken by Veracity. Veracity has made significant investments in its next generation network and has made a renewed focus on providing services over UTOPIA next generation network.
“We at Veracity are very excited to strengthen our relationship with UTOPIA. After examining the recent changes they have made to their organization and improvements they have made to their network we feel the opportunities are significant," said Drew Peterson, President of Veracity. “The real winners here will be the businesses in the UTOPIA cities since they get the best of both worlds – the best products and services on the most advanced network."
UTOPIA’s key mission is to provide a competitive marketplace for telecommunications services for citizens of member cities. UTOPIA provides the physical infrastructure while private sector companies compete to provide internet, voice, video and other services over that infrastructure. This allows residents and businesses to choose from a number of providers, each setting their own competitive rates.
UTOPIA’s fiber-optic infrastructure is unique in Utah as it is the only network that brings digital signals traveling at the speed of light directly to the premise using multiple and competing service providers, for both the business and residential markets. Fiber-to-the-Premises provides speed and bandwidth that copper and wireless networks cannot provide. This ultra-fast, high-capacity “economic highway" allows businesses and residents in UTOPIA cities to compete in the information-based world economy and enjoy the higher quality of life only an advanced Fiber-to-the-Premises network provides.
Veracity is Utah’s largest VoIP (voice over Internet protocol) provider, with over 10,000 customers in Utah. Veracity focuses is providing world class next generation networks with a local customer service approach.
Veracity was founded in the late 1980s as Off Campus Telecommunications providing local dial tone and long distance to off-campus student housing at universities and colleges across Utah. In the mid 90’s the company started its ISP business and in 2002 launched Veracity Communications to provide services to business customers in Utah County. Since 2002 Veracity Communications acquired its CLEC certificate, built out Veracity’s next Generation Local and Long Distance network and in 2008 will finish building out is Fiber network connecting Veracity’s Network to the Qwest Network throughout the state.
Veracity is headquartered in Provo, Utah.
Media contacts:
For UTOPIA:
Hugh Matheson
McMathis Public Relations
hm@hm59.com
(801) 437-6578
For Veracity:
Christina Jackson
Administrative Assistant
Veracity Communications
cjackson@veracity.com
(801) 608-4772
VERACITY COMMUNICATIONS OFFERS NEW SERVICES TO CUSTOMERS ON SONUS NETWORKS TECHNOLOGY
Subscribers Can Increase Their Capabilities Without Increasing Their Bandwidth
Westford, MA., and Salt Lake City, Utah., October, 6th, 2008 - Sonus Networks, Inc. (Nasdaq: SONS), a market leader in IP communications infrastructure, and Veracity Communications, a leading provider of next-generation network solutions, today announced the availability of new services to Veracity customers through the deployment of digital signal technology from Sonus Networks.
To enable Veracity customers to increase their call processing and faxing capability without increasing their bandwidth, Veracity has chosen the Sonus Network Border Switch (NBS), which offers carrier class IP-peering and a strong layer of security. Veracity will take advantage of the peering and advanced transcoding capabilities that Sonus allows to be built directly into the gateway, streamlining the switching of traffic between IP-networks and simplifying network management.
Veracity is emerging as one of Utah’s leading suppliers of pure IP telephony and is driven by developing innovative networks to enhance the customer experience.
“Veracity is ambitious to generate new services for its customers and differentiate its offerings with market leading IP-services," commented Mohammed Shanableh, vice president of global sales at Sonus Networks. “A close relationship with Sonus enables Veracity to grow and develop its network to remain at the forefront of its competition and rapidly deliver cost effective, robust and secure services to its most demanding enterprise customers."
About Sonus Networks Sonus Networks, Inc. is a market leader in IP communications infrastructure for wireline and wireless service providers. With its comprehensive IP Multimedia Subsystem (IMS) solution, Sonus addresses the full range of carrier applications, including residential and business voice services, wireless voice and multimedia, trunking and tandem switching, carrier interconnection and enhanced services. Sonus' voice infrastructure solutions are deployed in service provider networks worldwide. Founded in 1997, Sonus is headquartered in Westford, Massachusetts. Additional information on Sonus is available at http://www.sonusnet.com.
This release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to Item 1A "Risk Factors" of Sonus' Quarterly Report on Form 10-Q for the period ended June 30, 2008, filed with the SEC, which identifies important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Risk factors include among others: the impact of material weaknesses in our disclosure controls and procedures and our internal control over financial reporting on our ability to report our financial results timely and accurately; the unpredictability of our quarterly financial results; risks and uncertainties associated with the Company's restatement of its historical stock option granting practices and accounting including regulatory actions; actions that may be taken by significant shareholders; risks associated with our international expansion and growth; consolidation in the telecommunications industry; and potential costs resulting from pending securities and patent litigation against the Company. Any forward-looking statements represent Sonus' views only as of today and should not be relied upon as representing Sonus' views as of any subsequent date. While Sonus may elect to update forward-looking statements at some point, Sonus specifically disclaims any obligation to do so, except as required by law.
Sonus is a registered trademark of Sonus Networks, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
