Kayote Networks, Inc., experts in Voice over IP (VoIP) interconnectivity technology and developer of advanced IP communication services, has revealed a significant increase in market share and mind share as results for Q1 2006.
Kayote successfully secured 32 new customers in the first quarter of the year, driving a 65% increase in revenues. Among its newest customers are SightSpeed, an innovative VoIP service provider of real-time two-way video and voice communications, and FutureLink Communications, a provider of carrier-grade next generation telecommunications services. A landmark deal was recently secured with the Holland JCC that selected Kayote Networks and XConnect, following a meticulous RFI process, to deploy the world´s first nation-wide peering network. The JCC is a joint initiative comprised of UPC Netherlands, Casema, MultiKabel, Essent and CaiW, whose customer base totals more than seven million subscribers with more than 450,000 telephony subscribers.
Kayote´s new product, the Hosted VoIP Traffic Manager, was introduced to the market in Q1. The revolutionary product is a state of the art, software-based back-end solution for VoIP providers. In the first three months of commercial availability, this robust product has scaled up to manage the company´s impressive 32% increase in network traffic over the prior quarter.
More momentum has been created for the company when it was awarded a number of honors within the industry. Kayote was placed within the prestigious “VoIP Magazine 20: Companies to Watch in 2006,” joining global players such as Alcatel, Avaya, Motorola and Siemens in this short list. Additionally, Kayote´s Hosted VoIP Traffic Manager won TMC Internet Telephony Magazine´s “Product of the Year” award.
“We are extremely pleased with our performance and the positive market feedback that we have received in the last quarter,” said Baruch Sterman, CEO of Kayote Networks. “The partnerships we´ve forged, the third party recognition received, and most importantly, our growing market traction, prove what we have known all along – the future of the industry lies in bridging VoIP Networks and in VoIP interconnectivity and interoperability solutions. We are confident that this momentum will build throughout the rest of 2006 and position Kayote as the leader in what is clearly a revolution in VoIP,” added Sterman.