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ShopforT1.com Reaches Major Milestone: $1M in Monthly Billing
DRAPER, Utah - January 9, 2006 - ShopforT1.com, a
master agency wholly owned by Telarus Inc and provider of real-time T1 price
quoting through it's patent-pending GeoQuote technology, today announced
that it had reached a new milestone of $1,000,000 in total monthly billing.
"Words can't begin to describe how proud I am of our organization" commented
Adam Edwards, president and CEO of Telarus, Inc. He continued,
"The one million dollar mark is
a milestone that separates the start ups from the mature telecom master agencies,
putting us in a whole new league.
We started this company
just three short years ago with nothing but our ideas, a strong belief in our agents, and endless hours of sweat equity. Many broadband and dedicated voice
providers repeatedly told us that our idea of real-time T1 price shopping was impossible,
but we didn't give up. Now those same companies have become believers and provide
our agents with a high level of support, in addition to the support we
provide them ourselves."
Telarus launched ShopforT1.com, a real-time broadband and dedicated voice shopping
portal, in May 2003. Since then over 640,016
real-time quotes have been delivered to interested customers and agents nationwide.
"The one million dollar mark is validation of the way we conduct business"
added Patrick Oborn, CIO of Telarus, Inc.
"By combining our internet marketing expertise with our Master Agent program we have created
a system in which agents can focus on what they do best, whether it be advertising,
handing out fliers, making web pages, or contacting and consulting clients directly.
Our network of 20,000 internet marketing affiliates work together to produce hundreds of
leads a day for our network of over 200 seasoned telecom professionals. When a sale is made, both
agents share in the residual commission and bonuses. This collaborative approach has allowed us
to attract the best agents this industry has to offer, and will continue to provide value
to new agents well into the future."
Telarus was founded in 2002 by Adam Edwards and Patrick Oborn, who came up with the
concept of online real-time T1 pricing while sitting on their surf boards in
Huntington Beach, California contemplating the complex nature of T1 quoting and
the frustration felt by customers and agents by the slow turnaround of T1 price quotes.
The company now has 10 employees, 250 independent sales consultants, 300 VAR partners,
20,000 online lead generators, and a United States Patent on GeoQuote - its real-time price
quote generation software. The company has funded its growth through internal operations
and re-investment without outside investors or venture capitalists.
"Being able to make decisions quickly without the need to consult with outsiders
has played a major role in our success. When our agents come up
with an idea that we want to act on, we act" continued Edwards. "This design
cycle has enabled us to focus on creating value for our customers and agents by authoring
web tools that simply can't be purchased off the shelf. Add to that our superior agent
managers, Lance Akins and James Knight, each of whom spends hours each day assisting
agents with each of our 14 product suppliers, and you have a recipe for $2,000,000 in monthly
billing in a fraction of the time it took us to reach $1,000,000."
About ShopforT1.com
ShopforT1.com provides real-time T1 price quoting through it's patent-pending GeoQuote technology,
offering business shoppers a unique opportunity to access instant pricing and availability
information for over 22 broadband data and voice service providers which include
ACC Business,
BellSouth,
Broadwing,
InsideSales.com,
MCI,
MegaPath,
Netifice,
Network Innovations,
NewEdge Networks,
Nuvio,
Nuvox,
PowerNet Global,
Qwest,
SBC,
Sipmedia,
Sprint,
TelePacific,
Telnes,
UCN,
USLEC,
XO Communications,
and Xspedius. ShopforT1.com also offers
complimentary consulting from licensed and trained ShopforT1.com independent agents. These
agents specialize in assisting customers understand the many telecommunications offerings
and coordinate the sale of commercial communication services that best meet their
needs and budget requirements. The company's Web site is
www.ShopforT1.com. Interested agents and network integrators (VARs)
should call James Knight at (801) 523-2100 x203 for further information on the ShopforT1.com program.
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