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Call Center and Telecom Related News
Sunrise Telecom(R) Provides Preliminary Fourth Quarter
Revenue Results, Exceeds Guidance
SAN
JOSE, Calif., Jan. 22 /PRNewswire-FirstCall/ -- Sunrise
Telecom(R)
Incorporated (OTC: SRTI.PK), a leading provider of service
verification
equipment for telecommunications, cable broadband and Internet
networks,
today announced preliminary revenue results for the fourth
quarter 2006.
The company now expects its fourth quarter revenues to be in
the range of
$35 to $36 million, significantly above the guidance range of
$27 to $30
million that it provided on November 3, 2006. The company
believes that
fourth quarter performance was driven to a large extent by
accelerating
deployment of triple play services in North America.
Sunrise Telecom President and CEO, Paul Marshall said,
"Clearly the
triple play initiatives by major U.S. carriers served as a
strong growth
catalyst for Sunrise Telecom last year. Preliminary results
indicate that
for the full year 2006 our revenues increased by an impressive
40%. We
expect that the favorable market environment for our products
will persist
in 2007 as our customers equip their central offices and their
field
technicians with a broad range of testing tools in support of
the FTTx
initiatives."
In February Sunrise Telecom expects to announce final results
for the
2006 fourth quarter and full year.
About Sunrise Telecom Incorporated
Sunrise Telecom develops and manufactures communications test
and
measurement solutions that enable service providers to deliver
high-quality
voice, video, data and next-generation digital multimedia
services quickly,
reliably, and cost-effectively. The company offers a robust
portfolio of
feature-rich, easy-to-use products that pre-qualify, verify,
and diagnose
telecommunications, cable TV, wireless, and Internet networks
from a
variety of access points including wireline, DSL, optical
fiber, coaxial
cable, and signaling networks. Based in San Jose, California,
Sunrise
Telecom distributes its products through a direct sales force
and a network
of distributors worldwide. For more information, visit
http://www.sunrisetelecom.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the
meaning of Section 21E of the Securities Exchange Act of 1934,
as amended,
including expectations for increased demand for the company's
products in
2007. These forward-looking statements are made pursuant to
safe harbor
provisions and are subject to certain risks and uncertainties
that could
cause actual results to differ materially from those
projected. Specific
factors that may cause results to differ include the
following: a lack of
acceptance or slower than anticipated acceptance for Sunrise
Telecom's new
or enhanced products and modules; slower than anticipated
product
development or introduction into the marketplace;
unanticipated delays in
product delivery schedules; lower than anticipated end-user
demand for
telecommunications services and a corresponding cutback in
spending by
customers; increased competitive pressures; rapid
technological change
within the telecommunications industry; Sunrise Telecom's
dependence on a
limited number of major customers; Sunrise Telecom's
dependence on limited
source suppliers; deferred or lost sales resulting from order
cancellations
or order changes; deferred or lost sales resulting from
Sunrise Telecom's
lengthy sales cycle; unanticipated difficulties associated
with
international operations; Sunrise Telecom's ability to manage
growth and
slowdowns; the unknown effects of management changes; the loss
of key
personnel; and increased management attention regarding
finance and
accounting matters and curing periodic reporting delays. Some
of these
risks and uncertainties are described in more detail in
Sunrise Telecom's
reports filed with the Securities and Exchange Commission,
including, but
not limited to, its Form 10-K for the year ended December 31,
2004 and its
Forms 10-Q for the quarters ended March 31 and June 30, 2005.
Sunrise
Telecom assumes no obligation to update the forward-looking
statements
included in this press release.
NOTE: Sunrise Telecom, SunSet MTT, and SunSet are registered
trademarks
of Sunrise Telecom Incorporated. All other trade, product, or
service names
referenced in this release may be trademarks or registered
trademarks of
their respective holders.
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