U.S. Companies waste BILLIONS every year on personal employee
cell phone usage and un-optimized rate plans-
ENCORE WIRELESS, INC. is developing a groundbreaking solution to REDUCE THESE WASTED COSTS.
Encore Wireless, Inc. (OTCBB: ENCW)
- Shares Outstanding 5.76m
- Float 2.1m
- Recent Price $0.50
- Year Low/Hi $0.15-$2.75
- Contact 800-665-1755
BUSINESSESS TO SPEND $31 BILLION ON WIRELESS SERVICES BY 2005, BUT
UNNECESSARY CORPORATE CELL PHONE COSTS REPRSENT BILLIONS $$$.
SOLUTION: ENCORE ANNOUNCES ITS TECHNOLOGY THAT WILL SIGNIFICANTLY REDUCE
UNNECCESSARY CORPORATE CELL COSTS
According to JP Morgan, U.S. business wireless expenditures are projected to
mushroom to $31 BILLION per year within the next four years.
According to some estimates, as much as 25% of that cost will come from
unnecessary business-subsidized personal phone usage and disadvantageous rate
plans -- amounting to a whopping $7.75 BILLION!
Why do American companies spend billions on employee personal cell phone
costs and un-optimized rate plans, losing billions of their shareholders
money? Why does the IRS allow this to happen?
It happens because companies have no effective way to monitor, measure and
track usage.
Having a controller or HR administrator manually go through thousands of
pages of itemized cell phone bills or monitor for best rate plans usage could
be more costly than the problem itself, and thus, defeat the purpose. So,
larger corporations lose thousands or even MILLIONS of dollars every year.
And the problem is about to get EVEN WORSE!
Mobile technology in business is entering a new growth phase that will bring
dramatic bandwidth increases from 3rd generation networks and a flood of new
mobile Internet applications. Although they can increase productivity, they
can also be more expensive. And, their abuse can send unnecessary corporate
expenses through the roof!
Encore Wireless, Inc. (OTCBB: ENCW) - a telecommunications management
consulting company - announced today that it is developing a new Enterprise
Mobile Communications Management software that can SOLVE THE MULTIBILLION $
PROBLEM!
Encore's software is being designed for mid and large sized corporations, who
typically lose the most. Large companies losing millions of dollars through
unnecessary personal employee cell phone usage and un-optimized rate plans
are both willing and able to pay whatever it takes to solve the problem and
recapture potentially BILLIONS of dollars in savings.
ENCW's proprietary software will provide the industry's first remedy for
employee mobile analysis, tracking and expense reduction!
New solutions that save corporations big $$$ typically spread rapidly.
Companies do not like wasting money, and if they can avoid spending billions
just by applying new technology, our guess is that they'll want to do so.
After all, communication costs already rank in the top FIVE corporate expense
categories!
Even though Encore Wireless is a publicly traded company, very few investors
know about it yet, primarily because the company has focused on private label
solutions in the past. Also, the company's financial performance obviously
doesn't reflect the potential revenues that the new solution is expected to
generate.