Eschelon Telecom (NASDAQ:ESCH)
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(NASDAQ:ESCH): Eschelon Telecom, Inc., a provider of
integrated communications services to small and medium sized businesses
in the western United States, today announced record setting sales
results for the second quarter, 2007 marking the sixth record-setting
quarter in a row. The company reported a total of 45,640 access lines
sold for the three months ending June 30, 2007, versus 45,533 access
lines for Q1 2007 and 36,343 for Q2 2006.
“The Eschelon sales team continues to execute
well,” stated Bob Pickens, Eschelon’s
Chief Operating Officer. “We have developed a
culture of continual improvement and we have an impressive six
consecutive quarters of results. That performance speaks strongly about
our products, people and processes.”
“The demand for our services continues to be
very strong,” added Steve Wachter, Executive
Vice President of Sales. ”The competitive
landscape has stabilized over the last few years with each competitor
settling into their own niche. Eschelon has become known for our
flexible, integrated suite of products designed to serve small and
medium businesses. We provide a great product set and our record lines
sales prove that.”
About Eschelon Telecom, Inc.
Eschelon Telecom, Inc. is a facilities-based competitive communications
services provider of voice and data services and business telephone
systems in 53 markets in the western United States. Headquartered in
Minneapolis, Minnesota, the company currently employs approximately
1,470 telecommunications/Internet professionals, serves over 65,000
business customers and has approximately 655,000 access lines in service
throughout its markets in Minnesota, Arizona, Utah, Washington, Oregon,
Colorado, Nevada, Montana and California. For more information, please
visit our web site at www.eschelon.com.
Forward Looking Statements
This announcement contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. The
forward-looking statements are based on Eschelon Telecom’s
current intent, belief and expectations. These statements are not
guarantees of future performance and are subject to certain risks and
uncertainties that are difficult to predict. Actual results may differ
materially from these forward-looking statements because of the company’s
history of losses, ability to maintain relationships with RBOCs,
substantial indebtedness, intense competition, dependence on key
management, changes in government regulations, and other risks that may
be described in the company’s filings with
the Securities and Exchange Commission. Existing and prospective
investors are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of today’s
date. Eschelon Telecom undertakes no obligation to update or revise the
information contained in this announcement, whether as a result of new
information, future events or circumstances or otherwise.