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Rich Tehrani
CEO
| Communications and Technology Blog - Latest news in IP communications, telecom, VoIP, call center & CRM space

Financial

AudioCodes Earnings up 15.3%, Adds HD Voice

November 3, 2008

In a tough market, AudioCodes did not disappoint. They beat their numbers by 2 cents per share as revenues rose 15.3% year-over-year to a record $46.6 million. GAAP net income rose to $3.1 million and non-GAAP net income rose 72.3% year-over-year to $4.8 million. In addition, this year the company has purchased over four million shares of its stock.

Moreover, the company has just announced support for HD Voice which in my opinion is fantastic news.

VoIP 1, Economy 0

November 2, 2008

What a fall season it's been. With the economy uncertain, world leaders actually discussing the word crisis on a regular basis and layoff levels not seen in years, you would expect every industry to lie in shambles. In fact, many a sector has been really hurt by the slow down. Thankfully, IP communications is not one of them.

Recently Dialogic and LifeSize came out with pretty good news in the IP communications market.

Interesting Mortgage Crisis Perspective

November 1, 2008

As a weekend diversion I thought I would share the following letter to Webster Bank by Bill Dunn (originally found in the Waterbury Republican American (Waterbury, CT) -- registration required). It is pretty funny and encapsulates what responsible mortgage payers are feeling right about now.

Here is an excerpt:

Dear Webster Bank: This letter is to inform you that my wife and I have decided to take advantage of the $700 billion Bailout Bill recently passed by Congress. As your records will indicate, we have been making mortgage payments each month for the past 22 years, which means we have eight years remaining on our 30-year mortgage.

However, my wife and I believe we have paid enough. We are very impressed with a provision in the Bailout Bill that allows the government to arbitrarily change the principal balances of existing mortgage contracts.





TMC Partners with Ex-VON Execs, Launches 4G Event

October 30, 2008

Today the TMC team announced a new venture in partnership with Carl Ford, Scott Kargman, Joann Varello and others from the former VON team who currently work for Crossfire Media. The partnership includes web sites and events and will focus on the fourth generation or 4G wireless space.

 It goes without saying that Carl and Scott are very well known for the strong relationships and community the built in the fledgling days of IP communications. We entered this partnership with Crossfire Media to leverage these relationships.

Digium/Asterisk World Has Nine Booths Already

October 23, 2008

With all the gloom and doom talk, I thought it might be worth sharing some really good news. I just got back into the office this morning after traveling for a few days and heard the great news that Digium Asterisk World already has nine companies participating in it.

As you know, this event is being collocated with ITEXPO February 2-4 in Miami, FL. My team tells me they have been calling companies for about two weeks regarding this event and I can tell you from experience, nine booths in two weeks in a new collocated event is quite an accomplishment and more importantly tells you how much interest there is for open-source communications in the world. Even in a very strong economy, you don't see such high levels of interest.

The ITEXPO team thinks this part of the show will sell out very quickly and with the premium space the pavilion enjoys, it is not a surprise to see such strong interest.





Strategy Change: Make Money

October 21, 2008

In my conversations with a number of CEOs of small tech and communications companies, one thing has become clear. The market for exiting businesses has become tougher. This is common sense and the added challenge is with today's stock market valuations, there are thousands of bargains out there. This just means the odds of a start-up or existing concern getting picked up at significant valuations has been considerably decreased.

There are a number of company heads who have recently come to the conclusion that while hoping for an acquisition by Google, Cisco and others they need to simultaneously work on getting customers.

Dialogic: Video is the New Voice

October 21, 2008

One of the more exciting conferences I have attended lately has to be the Dialogic One Event at the Hotel Del Coronado in San Diego, CA. Rob Martinez, VP Sales Americas kicked off the event, speaking to global partners from over 125 companies who were in attendance at the kickoff session last night (see pictures throughout). Martinez thanked the enthusiastic crowd and sponsors and explained what we would see over the next few days. After a short intro, Martinez handed the microphone and stage over to Nick Jensen, the President and CEO of Dialogic.

Jensen was right at home on the stage and as always, was full of passion and enthusiasm.



Dialogic One -- Day Two

October 21, 2008

Hold Our Leaders Accountable

October 19, 2008

I don't know about you but I have had enough. Enough of the corruption in government and enough of Wall Street executives reaping huge rewards on the backs of the waitresses, cashiers and the guy who cuts grass for a living. Our politicians have let us down. I would excuse this billion dollar F-up -- I really would.

Tesla Motors in Trouble: Paradox of a Lifetime

October 17, 2008

The ironic times we live in cannot be understated. One wonders what our children will think of us in the coming decades. Case in point, Wall Street lobbies the government for looser regulations so they can compete with European banks. They say they need more efficient use of capital.
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