Encompass Holdings' QDS-I HyperBackbone(TM) Joint Venture Reduces High Speed Data Connection Costs by 50% or More
September 20 2010 - 9:10AM
Encompass Holdings, Inc. (Pink Sheets:ECMH),
www.encompassholdings.com, reports today that its' wholly owned
subsidiary, Quadrant Data Systems, Inc
.
(QDS-I) working with its joint venture partner WebPerception
Wireless Networks has completed testing and is already presenting
their new product offering,
HyperBackbone, to new
and existing clients.
Joe Berardi, Quadrant's CEO, stated, "We
believe that in order to make true virtual computing accessible to
small and mid-sized business, we must first substantially cut the
cost of secure high speed connectivity. The typical cost of a
conventional DS-3 45 Mb/s connection from our client's offices to
the Quadrant data center ranges from $3,000 to
$8,000/mo. For most virtual applications, the higher speed
DS-3 connection (compared to a T1 line at 1.54 Mb/s costing upwards
of $1000/mo in some areas) is necessary for enhanced
productivity. The target price for our integrated package
which includes high speed connectivity at DS-3 speeds will range
between $1,500 and $2,500 per month for a typical client. The
important consideration here is that the price of our service
includes much more than just the high speed connection, but also a
powerful virtual server environment with
Quadrant's superior technical management and 24x7
supervision as well."
The HyperBackbone service is an integrated
business solution which, along with the direct physical connection,
provides a highly secure managed virtual LAN (Local Area Network)
connection between the client and the data center as if the data
center was actually part of and connected to the client's own
private network. Effectively, HyperBackbone
is a dedicated point-to-point (private) high speed connection
between the business and a virtual server in
Quadrant's data center.
Scott Webber, CEO of Encompass, added,
"Quadrant expects to increase monthly recurring
revenue by at least $60k/mo within the first year of deployment.
Stated another way, this new revenue stream alone has the
potential to significantly increase Quadrant's
annual revenue over the next year and will continue to grow month
over month. Quadrant (working with current
and other potential joint venture partners) has created a faster,
more economical, highly secure (not internet connectivity
dependent), integrated business computing service sure to increase
Encompass shareholder value."
The Encompass Holdings, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6962
Forward-looking statements in this news release are made under
the ``Safe Harbor'' provisions of the Private Securities Litigation
Reform Act of 1995. Certain important factors could cause
results to differ materially from those anticipated by the
forward-looking statements, including the impact of changed
economic or business conditions, competition, the success of
existing and new product releases and other risk factors inherent
in product development and other factors discussed from time to
time in reports filed by the company with the Securities and
Exchange Commission.
CONTACT: Encompass Holdings, Inc.
J. Scott Webber
InvestorRelations@EncompassHoldings.com
Quadrant Data Systems Inc
Joseph Berardi
866-966-9109
Management@qds-i.com
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