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SMRA Somera Communications (MM)

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Somera Communications (MM) NASDAQ:SMRA NASDAQ Common Stock
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Somera Appoints Scott Willis as Senior Vice President, Global Services

01/06/2005 11:00pm

PR Newswire (US)


Somera Communications (NASDAQ:SMRA)
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Somera Appoints Scott Willis as Senior Vice President, Global Services DALLAS, June 1 /PRNewswire-FirstCall/ -- Somera Communications, Inc. (NASDAQ:SMRA), a global provider of telecommunications asset management services, announced that Scott Willis, age 41, has joined the company as Senior Vice President, Global Services. Mr. Willis will be located at the company's headquarters in the technology corridor in Dallas, Texas. "We are pleased with the initial reception of our portfolio of Telecom Asset Management services," said David W. Heard, President and CEO of Somera. "Our RecoveryPLUS, RepairPLUS and LifecyclePLUS services offerings are designed to provide immediate relief to our customers who are focused on improving returns through improved asset utilization. We believe these service offerings are accretive to our base business model and leverage our existing operational, sales, and marketing infrastructure. The right leadership is critical to both driving customer adoption of our new service offerings and providing customers with flawless execution. Given Scott's track record of success and his experience as both a service provider and a technology provider, I am confident that he will help drive our services business." Mr. Willis added, "Somera has already demonstrated traction in its services business having recently announced an agreement with XO Communications and initiated its first RecoveryPLUS+ program with a top 10 nationwide carrier. I believe we have an excellent opportunity to capitalize on the trend toward business process outsourcing and to partner with our customers to help them reduce operating expenses and capital budgets, recover hidden value in existing assets and optimize returns on mature technologies. Given our recent customer wins, strong relationships with global service providers, and world-class operations, we should be well positioned to lead in our space." Mr. Willis was most recently Vice President and General Manager at Nokia Networks, responsible for overall global management for leading RBOC and wireless service providers. Prior to that, he was Senior Vice President of Sales and Marketing at Keybridge Corporation, a global provider of managed services. Mr. Willis has also held senior management positions at both BellSouth and Sprint Corporation, where he achieved increasing levels of responsibilities resulting from demonstrated success in sales and market development. Mr. Willis holds a Bachelor degree in finance from the University of Oklahoma and an MBA from Wake Forest University in North Carolina. About Somera Communications Somera launched its family of Lifecycle Management Services in 2004 in response to an industry-wide need for telecom asset management to optimize return on assets. Somera's product offerings enable service providers to generate greater value from legacy assets in the form of lower operating costs, longer product life, higher productivity, and real measurable capital savings. With Somera LifecyclePLUS, customers can outsource elements of network operations, logistics, and technical service. Somera RecoveryPLUS(TM) is a program approach to deliver documented savings and expense relief by recovering hidden value in current underutilized assets and inventories. Somera RepairPLUS provides comprehensive support for wireless, wireline, and data products at significant savings and reduced cycle times. These services are in addition to Somera's traditional Brokerage business that provides immediate availability of quality, warranted new and refurbished equipment at savings of 25 to 60%. 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/. Except for historical information contained herein, the matters discussed in this news release may contain "forward-looking statements" that involve risks and uncertainties including but not limited to those regarding Somera's services strategy, market opportunities, growth potential of both services and associated contracts, and impact on Somera's business. These statements may differ materially from actual future results. Readers are referred to the documents filed by Somera with the Securities and Exchange Commission, specifically Somera's reports filed on form Form 10-K for the year ended December 31, 2004 and quarterly reports filed on Form 10-Q, which identify important risks that could cause actual results to differ from those contained in the forward-looking statements including, without limitation, risks relating to Somera's services strategy and impact to growth. 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: Tricia Ross of Financial Relations Board, +1-617-520-7064, , for Somera Communications, Inc. Web site: http://www.somera.com/

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