Solutrea's sales plan for growth is based on leveraging current customers by continuing to provide more solutions, as well as develop a close business organically through tried and tested sales methodologies that are thorough and rigorous which will develop a strong sales funnel that will increase revenues substantially. Our growth strategy is also focused on the acquisition of synergetic companies. Solutrea has acquired Home-Town Wireless, a wireless ISP in Fredericks, Maryland, valued around k. Home-Town has already established a solid reputation in the marketplace and is operating a profitable network.
Important criteria for the companies to be acquired by Solutrea:
Synergy with the business of Solutrea (savings in operations or increased market presence),
Profitable revenue, and
Growth opportunities.
Target Companies:
WiFi Hot Spot operators Competitive telecommunication (voice and/or data) service providers particularly those with business customers. Digital signage system developers and operators Business TV suppliers and operators WiMAX license holders in growing under-served markets.
Recent Acquistions: On August 18, 2006, Solutrea purchased the assets of Hometown Wireless, an MD wireless Internet provider generating ,000 of revenue per year, to continue its expansion of wireless services for the corporate market. This will allow company expand it's network and sell interactive training, entertainment and infotainment to the retail, corporate and government markets. Solutrea is expanding its wireless network coverage across the USA, to complement and eventually replace its satellite infrastructure.
Hometown Wireless delivers affordable, cost-saving, scalable Internet and networking solutions with outstanding customer support. Businesses, commercial property owners, school districts, colleges, and local government agencies in Maryland for several years by integrating wired and wireless technologies such as Wi-Fi, ADSL and WiMax. The acquisition by Solutrea adds the knowledge and client base of Hometown Wireless to Solutrea's rapidly growing portfolio of network services. More information about HomeTown Wireless is available at www.hometown-wireless.com.
Solutrea intends to expand the Hometown Wireless model by offering the existing business client base upgraded services from our own content distribution and networking lines, then expanding the model out to additional cities in the USA and Europe through our network of partners. The WiMax backbone the systems run on will become the heart of Solutrea's Digital Communications Network strategy for cities, government and corporate content distribution. The wireless advantage in infrastructure is obvious; Solutrea's ability to capitalize on that from an early stage with both strong revenue growth performance and network expansion remains key to our long-term strategy.
On September 27th, 2006, Solutrea acquired ieHouse Inc. IeHouse is provides computer and network services to residential homes and businesses in the Frederick county area generating ,000 in annual revenues. Dedicated to providing outstanding service and support to our customers since 1994, ieHouse Inc. was formed to provide low-cost high-speed Internet access to the Frederick area. As well as being an Wireless Internet Service Provider, ieHouse provides web hosting, network consulting, desktop support, backup services and more. For more information visit www.iehouse.net