Looks like solid progress in 2Q07 as compared to 1Q07. IP Unity Glenayre has completed most of its merger activities in terms of consolidating the two organizations into a single entity. The company saw a substantial increase in its DSOs shipments and more than doubled its subscriber licenses.
Business was up because the company sees existing customers showing more confidence in the merged entity. As such the orders for expansions on existing systems increased substantially during the quarter.
2Q07 business came predominantly from North America. The company announced two new customers in Q2 – Covad and China Telecom. Product highlights were the introduction of VideoCALL at Communicasia. Partner Motorola announced IP Unity Glenayre as part of the Convergence Ecosystem.
IP Unity Glenayre brought onboard its new CEO Oscar Rodriguez during 2Q07.