Squire Technologies Announce Record Revenues for 2011-2012

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Squire Technologies have enjoyed a successful past 12 months, having deployed new products and services as well as upgrading their existing portfolio. These developments have helped the company report record global revenues.

Squire Technologies, a global provider of carrier grade SS7 and VoIP solutions to the telecoms industry, has announced record revenues across all sectors for the 2011-2012 financial year, which has seen global revenues for the company grow by 25%.

The past financial year has seen a number of important developments for Squire Technologies, including new product development in the form of their SMS Gateway and SMS Controller, as well as the continued development of their Session Border Controller, which was a key addition to their VoIP based portfolio. Upgrades to their most established products such as their Media Gateway and Media Gateway Controller have also been noted over the past 12 months, and have no doubt contributed to the revenues from new customers growing by 69%.

Squire’s Managing Director, Andrew Cooper, sees a number of reasons for the successes of the past year, “It’s widely acknowledged that the VoIP market is growing quickly, so the enhancements to the SBC were critical in keeping us at the forefront of that field. The development and launch of the SMSG and SMSC has also enabled us to make great inroads into an area of the market we had not previously targeted.”

There were also major shifts in the industry which Squire have been able to capitalise upon as Sanjeev Verma, Squire’s Global Sales Director, explains, “The announcement from Cisco that the PGW was moving towards its end-of-life has seen a noticeable increase in demand for our Media Gateway Controller. The SVI-MGC is an effective alternative thanks to its compatibility with Media Gateways of Cisco, Alcatel-Lucent and AudioCodes.”

The next 12 months will see the pattern of development continuing, as Squire seeks to add to their portfolio. Sanjeev continues, “Clearly we need to keep providing new products and services which deliver greater efficiencies to our customers, and we’ve got a number of projects which are due to be unveiled in the next few months. In particular, this year we’ll be focussing upon allowing our customers to combine many of their telecoms needs into a central solution which also integrates with their billing and provisioning systems.”

About Squire Technologies

Squire Technologies is a leading global provider of NGN, TDM and IP telecommunications products and solutions with world class installation and support services. Squire enables telecommunications companies who have previously been restricted to legacy SS7 and ISDN platforms to access VoIP networks, as well as providing signalling transfer points and protocol converters to further extend their customers’ network reach.

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Michael Johnston
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