Endeavor Telecom Projects Continued Growth to be Further Enhanced by Targeted Programs in Federal Economic Stimulus Package

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Endeavor Telecom Projects Continued Growth to be Further Enhanced by Targeted Programs in Federal Economic Stimulus Package

As a South Carolina native, I know first hand that the digital divide relative to broadband penetration in less affluent rural areas is a real problem with real long-term economic and social implications. The programs contained in ARRA are exciting to me on two of the fronts I hold most dear: the on-going success of Endeavor and the long-term success of our country, particularly the rural South

Endeavor Telecom, The Telecom Truck Roll Company for carriers, service providers, VARs, and equipment manufacturers, today announced that projections for 2009 indicate continued growth for the company, due in part to certain programs initiated by the economic stimulus package. The American Recovery and Reinvestment Act of 2009 (ARRA), the $787 billion economic stimulus package that recently passed Congress, includes several programs projected to substantially enhance the continued growth already experienced by Endeavor through the rest of 2009, 2010, and well into 2011.

As part of the ARRA, $7.2 billion have been allotted to various broadband/ telecommunications initiatives, including developing the broadband infrastructure in rural and underserved areas as well as ensuring broadband accessibility to educational institutions, libraries, and medical providers. $4.7 billion of these funds will be allocated through the Department of Commerce while the remaining $2.5 billion will be disbursed by the Department of Agriculture, whose primary focus will be in increasing broadband access to rural areas. The funds for Wireless Deployment Grants will be divided with 25% going to wireless voice service and 75% going to wireless broadband service. The Broadband Deployment Grants will be divided with 25% going to basic broadband service and 75% going to advanced broadband service. Additionally, 50% of the total funds are slated to be awarded by September 30th, 2009, which will most likely bolster Endeavor's bottom line late in 2009 and continue for at least two years to follow.

The nationwide focus on expanding broadband access will lead to increased demand for the services offered by Endeavor's extensive customer base of carriers, service providers, and value-added resellers who in turn will utilize Endeavor's team of 9,000 plus individually managed field technicians for implementation. Endeavor's expertise and recent investment in wireless technologies, which will play a large role in rural expansion efforts, along with the ability to dispatch technicians to any location throughout North America, will be key in installing their customers' services where needed. Each Endeavor field engineer is equipped with wireless diagnostics equipment and has access to vast company resources which include the lease of bucket trucks and high-end wireless tools which enable the company to install and implement both wireless network premise equipment and complex access infrastructure. Additionally, Endeavor technicians dispatch to each site with the skills and materials necessary to complete inside wiring jobs which may be utilized in replacing old or outdated wiring in underserved areas in the infrastructure development efforts.

Another component of the ARRA will provide $19 billion for the modernization of medical records, which will involve the migration of paper filing systems toward IP-enabled storage solutions. This is another area that is expected to yield additional opportunities as Endeavor's expertise in the installation of specialty IP-enabled devices - such as point-of-sales/cash management systems, security cameras, and digital signage - is continuing to expand.

"As a South Carolina native, I know first hand that the digital divide relative to broadband penetration in less affluent rural areas is a real problem with real long-term economic and social implications. The programs contained in ARRA are exciting to me on two of the fronts I hold most dear: the on-going success of Endeavor and the long-term success of our country, particularly the rural South," said Justin McLain, Endeavor's Chief Executive Officer. "Prior to the bill passing and despite the current economy, Endeavor was on track for one of the largest growth years in company history; these new programs have further raised our revenue projections. Also, the work itself is more fulfilling than the typical opportunities afforded a field force subcontractor during a tough economy - it's a good feeling to grow by doing what is fundamentally good for our country versus what is just opportunistically necessary."

About Endeavor Telecom
Headquartered in Atlanta, GA, Endeavor is The Telecom Truck Roll Company for carriers, service providers, systems integrators, VARs, and equipment manufacturers. Endeavor's private label wholesale professional services include: Field Services, such as inside wiring & equipment installation; Order Fulfillment Logistics - equipment configuration, staging, testing, and shipping; and Tier I & II operations and technical support. Endeavor's field organization consists of more than 9,000 highly trained and certified technicians throughout North America, including all of the U.S., Canada, Mexico, and Caribbean. For additional information, please visit Endeavor Telecom on the web at: http://www.endeavortelecom.com/.

Endeavor Telecom Contact:
pr(at)endeavortelecom.com

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Jennifer Baron
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