20.07.2006 16:32:00
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Charys Subsidiary Aeon Technologies, Inc. Wins Contract From Leading International Communications Company
ATLANTA, July 20 /PRNewswire-FirstCall/ -- Charys Holding Company, Inc. ("Charys") (BULLETIN BOARD: CHYS) announced today that its wholly-owned subsidiary Aeon Technologies, Inc. ("Aeon"), a leading provider of integrated network solutions for the wireless telecommunications industry, has been awarded a contract with Alcatel USA to become a Value-Added Reseller (VAR) for the Alcatel product portfolio. The product portfolio includes product lines from various Alcatel divisions, including: Access Networks Division (AND), Internet Protocol Division (IPD), Optical Networks Division (OND), Wireless Transmission Division (WTD), Communication Services Business Unit (CSBU), and Network Infrastructure Business Unit (NIBU).
As a leading telecommunications technology supplier in North America, Alcatel delivers products and solutions that cover the full spectrum of telecommunications technologies. With Alcatel's broad spectrum of products combined with Aeon's extensive services, Aeon can expect large gains from the award of this contract.
Wade Clark, President of Aeon, said, "The award of this contract to Aeon is a significant recognition of Aeon's ability to not only provide engineering, installation, project management and testing services but enables Aeon to provide a true end-to-end solution for our customers. Alcatel's decision to partner with Aeon also affords other Charys subsidiaries the opportunity to expand service offerings to their existing customer bases and current contracts in order to enhance value and to become even more customer- centric."
Commenting on the significance of the contract, Michael Oyster, CEO of Charys Technology Group, said, "As the primary interface to Alcatel, Wade Clark and the Aeon team represent the entire family of Charys companies when providing the advanced Alcatel technology to our broad base of service provider and enterprise customers. This agreement illustrates the strong value of each of our Charys companies to Alcatel and to our customers. It truly represents how Charys is a total service company providing systems integration, engineering, installation and servicing to customers ranging from the largest wireless providers to nationwide businesses. The direct availability of the Alcatel products provided by this contract will also significantly expand the benefits we provide in emergency and disaster remediation and restoration efforts through our Crochet & Borel ("C&B") companies. We will be where our customers need us, when they need us, and with the expertise and partners necessary to meet those needs."
Billy V. Ray, Jr., Chairman and Chief Executive Officer of Charys, emphasized, "This agreement with one of the premier technology companies in the world is strategic. It is a strong example of our commitment to our customers and demonstrates the synergies we are developing across the Charys family of companies."
About Charys Holding Company, Inc.
Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (BULLETIN BOARD: CHYS.OB) is a publicly traded company focusing on the fragmented and underserved segment referred to as The Integrated Infrastructure Services Segment. This segment is fundamentally focused on environmental remediation and on upgrading the underpinning, infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Charys' principle strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. Charys subsidiaries include: Viasys Services, Inc., Personnel Resources of Georgia, Inc., Method IQ, Inc., CCI Telecom, Inc., Digital Communication Services, Inc., Ayin Holding Company, Inc. and Crochet & Borel Services, Inc.
For more information about Charys visit http://www.charys.com/.
NOTE: The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Some statements in this release, including statements regarding management's expectations for future financial results and access to capital markets, are forward-looking statements. Investors are cautioned that these forward-looking statements regarding Charys Holding Company, Inc., its operations and its financial results involve risks and uncertainties, including without limitation risks of accessing capital markets on terms acceptable to Charys, downturns in economic conditions generally and in the telecommunications and data communications markets; risks in product development and market acceptance of and demand for Charys products; risks of failing to attract and retain key managerial and technical personnel; risks associated with competition and competitive pricing pressures; risks associated with investing in new businesses; risks related to intellectual property rights and litigation; risks in technology development and commercialization.
Company Contact: M. Ralph DeLucia Vice President - Investor Relations Charys Holding Company, Inc. 678-443-2307 Fax: 678-443-2320 rdelucia@charys.com or Corporate Evolutions, Inc. Investor Relations: Fred Lande, 516-482-6565 Fax: 516-482-6099 info@corporateevolutions.com
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