Overture Networks Selected as Finalist for 2009 American Business Awards
Stevie Awards recognizes best overall American companies
Research Triangle Park, NC - June 2, 2009 – Overture Networks, the industry’s trusted Carrier Ethernet solutions provider, today announced it has been selected as a Finalist for the Best Overall Company of the Year in the 2009 American Business Awards (ABAs). Coming off a strong year in 2008, Overture Networks was recognized for several significant corporate milestones and achievements. In addition to completing the acquisition of Ceterus Networks and the launch of its newest Carrier Ethernet platforms– the ISG 6000 and the UTS 4000, Overture saw 65% revenue growth and 29% customer growth for the year, including some significant customer wins with Verizon Business, NuVox and COLT.
The American Business Awards are the nation’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit entries to the ABAs – public and private, for-profit and non-profit, large and small.
Members of the Awards' Board of Distinguished Judges & Advisors and their staffs will select Stevie Award winners from among Finalists in final judging that will continue through June 3. Finalists were chosen by business professionals nationwide during preliminary judging in April through early May.
“The last year has been an exciting time period at Overture Networks as we’ve expanded the business and boosted our product family with innovative features and cost-effective enhancements that support our team’s commitment to serving customers with the highest quality and affordability in Carrier Ethernet solutions,” said Overture Networks CEO Jeff Reedy. “We are very happy to be chosen as a finalist for the prestigious Stevie Awards and excited to share the spotlight with other distinguished companies.”
More than 2,600 entries from companies of all sizes and in virtually every industry were submitted for consideration in more than 40 categories, including Most Innovative Company, Best Management Team, Best New Product or Service, Best Corporate Social Responsibility Program, Best Corporate Environmental Responsibility Program.
“Despite very tough economic conditions, many organizations and individuals continue to perform well,” said Michael Gallagher, founder and president of The Stevie Awards. “The results of the 2009 ABAs thus far are a testament to the resilience, creativity, and hard work of American organizations, executives, and workers.”
Stevie Award winners will be announced during the annual gala on Monday, June 22 at the Marriott Marquis Hotel in New York City. Six-hundred executives from across the U.S.A. are expected to attend. The ceremonies will be broadcast on radio nationwide by the Business TalkRadio Network and hosted by Cheryl Casone of Fox Business Network.
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About Overture Networks
Overture Networks is the preferred Carrier Ethernet edge and aggregation partner to more than 180 service providers and enterprise customers worldwide, including 10 of the top 15 US Carrier Ethernet service providers. Its innovative solutions have proven to be integral to a service provider’s ability to fully leverage Carrier Ethernet to multiply service revenues and streamline operational costs. Headquartered in Research Triangle Park, NC, with a technology center in Richardson, TX, Overture Networks is relentlessly focused on providing solutions at the ever-expanding edge of the network. With its patent-protected, award-winning family of products for both business services and cell site backhaul, Overture Networks uniquely combines the packet-switched and circuit-switched worlds into a single architecture—at cost points that make it extremely attractive to offer Carrier Ethernet services to any size location—over optical fiber or copper transport. For more information, visit http://www.overturenetworks.com.
About The Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.