PTT CONTINUES TO EXPAND IN 2008 AS CLIENTS ACQUIRE ADDITIONAL BASES
December 31, 2008 – Fairmont, West Virginia. Precision Telecom Technologies, a Telecommunications Software Company that provides individualized software solutions to Telecommunications companies, announced today that is has experienced yet another year of strong growth during Fiscal 2008.
Keeping up with the trend of the past few years, PTT has once again doubled its revenue. The 2008 revenue growth is due to significant number of base acquisitions by PTT's current customers along with the addition of new clients. PTT is proud to have supported a total of eight (8) base migrations for our clients. These migration projects ranged in size from 2500 clients to over 50,000 clients and were completed in an average of 3 months.
Scott Trefz, President of PTT, stated, “At the beginning of 2008 we met with our clients to understand their growth strategies for the year. Many expressed the desire to purchase additional customer bases and asked us to be prepared to support this activity. As a result, we decided to limit our new sales efforts and focused on supporting these acquisition strategies. We improved our process to a) migrate data and business rules from the legacy system, b) perform top to bottom quality assurance, and c) ensure that end-users are not disrupted by billing issues. This improved process has really paid off for our clients and PTT.”
Trefz went on to say, “Our conversion process along with our excellent support has enabled our clients to post spectacular growth in 2008. Many of these clients are looking forward to 2009. With the downturn in the economy, they see the opportunity for additional acquisitions. I like to think that Precision is a catalyst for growth. We have proven time and again that we can support Telecom companies with a high level of quality, and we enable our clients to be very aggressive and competitive.”
Precision Telecom Technologies (PTT) is a Telecommunications Software Company that provides leading-edge, cost-effective back office solutions to the Telecommunications industry. PTT offers expertise to telecommunications providers in four foundational areas –1) Order/Workflow Management, 2) Customer Billing, 3) Customer Relationship Management, and 4) Distribution Channel Support. The PTT core infrastructure helps telecom businesses support increased business volumes, serve and focus on the end user, better support and integrate with distribution channels, and reduce the overall technology costs of the organization. With its expertise, exceptional resources, flexible solutions, and personalized support, PTT provides unmatched value to their clients. For more information, visit www.PrecisionTele.Com .
Media Contact: Scott Trefz, President, 304-333-2213, Scott@PrecisionTele.com