PP&A, INC. WINS BID TO PROVIDE OPTICAL ROUTERS
Marina Del Rey, CA- August 12, 2005 – Pearce, Patterson and Associates, Incorporated has been selected from a long list of vendors to provide pre-owned Cisco Optical routers for a major Telecommunications provider on the East Coast. Executives for the Telecom provider cited the ease with which they are able to work with PP&A and the timeliness of PP&A's information sharing. Anothe major factor was that PP&A was flexible enough to meet the restrictive financial requirements of the project. "This project was unexpected so we didn't have it in the budget. Gary went the extra mile to make sure that our money constraints didn't impact the quality of the project." Stated the director of purchasing. PP&A will be providing a complete Cisco 15454 Optical Router capable of millions of transactions per second. The 15454 router is used in the backbone infrastructure of some of the largest fiber-optic networks in the country. Gary Patterson, President and CEO of PP&A stated this is a huge win for the East Coast company. These systems are so reliable and the mean-time-to-failure is so long that it doesn't make sense to break your budget buying new when there's so much quality product available on the market. This system would have cost around $1.2 million brand new. That's a lot of money to come up with on an emergency basis. We're providing a genuine Cisco system with a full year's warranty for under $80,000. It's a great deal and I'm happy that we can help them." About Pearce, Patterson and Associates, Inc. (PP&A) Pearce, Patterson, & Associates, Inc. is a privately held company offering pre-owned telecommunications equipment and IT equipment through it's telecommunications division. It provides premium Transcription services to the Medical, Legal and Business Communities through its Medical Services Division. Though the Medical Services Division is currently doing business in Arizona, Nevada and Southern California it is expanding beyond those borders. The Telecommunications division provides equipment to clients world-wide and is expanding into Medical equipment. Both divisions are heavily focused on saving clients money while making client operations more efficient. Forward-Looking Statements Statements in this press release that are not historical facts, including those statements that refer to Pearce, Patterson and Assoicates, Inc. plans, prospects, expectations, financial projections, strategies, intentions, and beliefs, are forward-looking statements. These forward-looking statements are based on information available to PP&A, Inc. today, and PP&A, Inc. assumes no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including, without limitation, market acceptance of PP&A, Inc.’s products and services, the competitive nature of the market for transcription services, PP&A, Inc.’s ability to predict its revenues and earnings, PP&A, Inc.’s ability to develop competitive new products and services on a timely basis, introduction of new products and services by competitors declining or uncertain economic and industrial conditions, PP&A, Inc.’s ability to attract and retain personnel and other risk factors not described herein. |