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SMRA Somera Communications (MM)

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Share Name Share Symbol Market Type
Somera Communications (MM) NASDAQ:SMRA NASDAQ Common Stock
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Somera Appoints Julie Schiffer as Area Sales Vice President

05/12/2005 12:00pm

PR Newswire (US)


Somera Communications (NASDAQ:SMRA)
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Appointment Underscores Somera Commitment to Maintaining Sales Leadership DALLAS, Dec. 5 /PRNewswire-FirstCall/ -- Somera Communications, Inc. (NASDAQ:SMRA), a global provider of telecommunications asset management services, announced that Julie Schiffer has joined the company as Area Sales Vice President. A well-respected industry veteran, Ms. Schiffer will be associated with the company's offices in Carpinteria, California managing sales teams covering Service Providers in the US as well as Central and South America regions. In addition, she will also assist with Business Development activities in a number of other areas through out the company. "We are pleased to welcome Julie to the Somera team," said Jay Hilbert, Senior Vice President of Sales and Marketing at Somera. "Bringing someone on board with Julie's high visibility and extensive experience in the industry will further strengthen our commitment to building and growing the business. She will also be able to support our new services such as RecoveryPLUS, which require a more consultative selling approach. I am confident that she will be a big contributor to sales growth initiatives." Ms. Schiffer added, "Somera has consistently demonstrated a commitment to the industry and leadership in bringing new products, services and processes to the market. I believe that we are well positioned to grow and redefine this space. I'm particularly excited about how RecoveryPLUS adds value to traditional brokerage services. It's a compelling value proposition that Somera is uniquely well suited to deliver." Ms. Schiffer was most recently executive vice president with SRS Industries, Inc., a competitor to Somera, where she was also a founder of the business. She earned her Bachelors Degree from UCLA in 1981. About Somera Somera Communications is a telecom asset management firm that assists service providers generate greater value from their network assets in the form of lower operating costs, longer product life, higher productivity, and real measurable savings. Somera provides immediate availability of quality, warranted new and refurbished equipment at savings of 25% to 60%. Extending these benefits is Somera RecoveryPLUS(TM), which deploys knowledgeable personnel, proven processes and proprietary software to each client location to provide professional discovery, valuation and asset cataloging, thereby enhancing ongoing network efficiency while improving the accuracy and quality of reports required of today's regulatory environment. In addition, Somera offers outsourced network operations, logistics, and technical service, as well as comprehensive repair services for wireless, wireline, and data products -- all at significant savings and reduced cycle times. Founded in 1995, Somera has developed an impressive base of over 1,100 customers worldwide, including the industry leaders from each segment of the telecommunications market. Visit Somera on the web at http://www.somera.com/. This news release contains forward-looking statements as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements contained in this release, including, but not limited to, Somera's ability to execute on its disaster recovery strategy, general economic conditions particularly affecting the telecommunications industry; capital equipment spending levels in the telecommunications industry, including the risk of continued customer spending delays associated with carrier consolidation; the impact of competition in the market for supplying equipment and equipment lifecycle management services to telecommunications operators; the risk of potential shortage of product supply; and Somera's ability to build its lifecycle management services capabilities; and other factors fully described in the company's reports to the Securities and Exchange Commission (SEC), including but not limited to, the Annual Report on Form 10-K for the fiscal year ended December, 31, 2004, and Quarterly Reports on Form 10-Q. The company does not undertake to update any forward-looking statements that may be made by or on behalf of the company. Copies of Somera's Securities & Exchange Commission filings may be obtained by contacting Financial Relations Board at 617-520-7064 or by visiting the Investor section of Somera's web site at http://www.somera.com/. DATASOURCE: Somera Communications, Inc. CONTACT: Jim Gardner, Vice President, Marketing of Somera Communications, Inc., +1-972-304-5660, Web site: http://www.somera.com/

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