ALOE Systems Reports 2010 Results
In 2010 ALOE Systems made a global rebranding move, marked a significant 35% increase in the total sales volume, strengthened technological partnerships with leading telecom players and improved business performance worldwide.
- (1888PressRelease) February 18, 2011 - ALOE Systems, former MERA Systems, a leading developer of VoIP softswitch solutions for telecom carriers and service providers, subtotals the results of the company's activity in 2010.
In 2010 ALOE Systems put in motion a range of key business initiatives aimed at extending its leadership position on the market of VoIP solutions. The most remarkable undertaking was the change of brand - from MERA Systems to ALOE Systems. The company rebranding was a part of the marketing shift towards the segment of large-scale carriers, and a new name better reflected the company's new identity and technological maturity of its solutions. Coupling a sound 20-years' experience with the technological leadership and intelligent performance on the market of middle-sized telecom carriers, the company successfully entered the market of large-scale carriers and continued a positive cash flow under a new brand.
In 2010 ALOE Systems further underscored its improved performance. Making first steps into a new market niche, ALOE Systems marked a 35% increase in total sales volume and further expanded geographical footprint worldwide. Due to the sound expansion in the North America and the CIS markets, by the end of 2010 ALOE Systems has reckoned up over 1,000 deployments worldwide.
Over the past year ALOE Systems was deeply concentrated on further development and advancement of its wholesale VoIP business platforms in terms of high availability and rich functionality - MVTS II and MVTS Pro were enhanced with advanced switching, reporting and billing mechanisms, which contributes to the system's overall efficiency and dependability. Among dozens of customers who deployed MVTS II on their networks in 2010 were significant players of the America's telecom market - Telaris Communications and Primus Brazil. This year was signified by a number of successfully performed deployments of RTU service platform, the most notable of which was the agreement with Polar Wireless, a large-scale mobile virtual network operator.
In 2010 ALOE Systems has entered into several far-reaching partnership agreements, including confirmed technological interoperability with TelcoBridges, Vanrise Solutions, IVR Technologies and other reputed vendors on the market. The company has also joined hands with a number of value-added resellers globally, which on one hand will strengthen the company's positions in already explored markets and on the other hand will establish its presence in brand new regions thus opening a substantially larger addressable market for the company in 2011.
"We're proud to announce that ALOE Systems ended 2010 on a very strong note of improved business performance," stated Konstantin Nikashov, CEO of ALOE Systems, "The 2010 year was marked by a number of major changes and remarkable success for the company - MERA Systems has become ALOE Systems and, despite all market anticipations, has underscored its improved performance. In 2010 we were focused on further technological enhancement of our VoIP softswitch platforms for wholesale carriers in terms of advanced performance and functionality. Year-over-year, sales volume grew and geographical footprint was extended either, and we are very pleased with the favorable feedback from our partners and customers. In 2011 we plan to strengthen our positions in the market of Tier 2 carriers being loyal to our customers and technological excellence of our VoIP softswitch solutions. We truly believe the stability and rich functionality of our softswitches coupled with ever-developing distribution chain and cooperation with leading market vendors pave the ALOE Systems way for driving market share gain and future growth."
About ALOE Systems
ALOE Systems develops industry-leading softswitches and session border controllers that enable carriers and service providers to manage VoIP traffic across their networks. ALOE Systems, Inc. is a new identity of MERA Systems, an international telecom software developer with 20+ years of software development expertise. As of August 2010 MERA Systems was renamed "ALOE Systems", the abbreviation of "A loyalty to excellence" reflecting the company's field-proven expertise and technological leadership in development of softswitch solutions for wholesale and retail operators. ALOE Systems has 1000+ customer deployments in 79 countries. ALOE Systems' innovations solve today's challenges and lay the ground for tomorrow's success. For additional information on ALOE Systems, please visit www.aloe-systems.com
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