Audio-Ex Exceeds Q2 Projections

Audio-Ex Inc. (Booth 321) announced its second quarter results exceeded expectations at the upstart conferencing company, which was launched in March at The Channel Partners Conference & Expo in Las Vegas.

Providing wholesalers a bundled conferencing solution with complete online provisioning and industry standard reliability, and sticking to our mantra of not competing with our resellers is exactly what the market wants, says CEO Dana Bruttig Simons. The response has been overwhelming, and we are ecstatic that our analysis of the market was dead-on target. Our numbers reflect the validity of our approach.

Audio-Ex entered the market in March 2004 projecting it would sign two CSPs a month to its service. In four months, the company has signed 14 CSPs, including one of the largest resellers in North America.

Resellers are in pain, and nobody else is talking about a low-cost leader approach, says IDC analyst Robert Mahowald of Audio-Ex. Marc Beattie, analyst with Wainhouse Research, adds, Good stuff, your perception (that you have just what the market needs) is accurate.

The company announced a full suite of VoIP products that are expected to be launched in fourth quarter.

Our continued focus is to be ahead of the pack in providing efficient, reliable and value-oriented conferencing products to the marketplace. We are proud of our achievements thus far, but know that we have to continue to offer our customers and future customers products and services that allow them to remain competitive in a rapidly changing market. We believe the release of our upcoming VoIP conferencing suite of products will do just that, while our PSTN service continues to be the conferencing product of choice for resellers, says Simons.

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