Fusion Secures $3.5 Million, Three Year Renewal Contract Including Significant Expansion to Provide New Single Source Cloud Solutions for a Major Restaurant Chain
NEW YORK, Aug. 28, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ: FSNN), a leading provider of cloud services, has secured a $3.5 million, three-year cloud solutions agreement with a major restaurant chain. The rapidly expanding chain renewed $1.6 million in cloud access and security services over three years and also added $1.9 million in new cloud solutions from Fusion. The incremental services include cloud access and security services at over 40 new sites and across all locations, and adds Fusion’s award-winning Software-Defined Wide Area Network (SD-WAN) solution, which delivers the always-on, reliable connectivity required to realize the full potential of the cloud.
The restaurant chain cited Fusion’s ability to integrate multiple cloud-based solutions over a single service platform, delivering higher bandwidth at lower cost while ensuring 100% uptime. The chain was impressed with Fusion’s unique ability to provide everything a business needs to migrate to the cloud, solving the increasingly complex challenges associated with multi-vendor environments and eliminating the frustrating finger-pointing that so often occurs in the process.
The chain further cited the company’s proactive and dedicated project management team for its expertise in engineering the right technology solution to meet the chain’s specific needs, increasing productivity across the enterprise with cloud communications and collaboration solutions supported by Quality of Service guarantees. A further reason for the award was Fusion’s dedicated, always available customer support, with proactive monitoring and maintenance that has consistently delivered the level of service the major restaurant chain has come to rely on to support its nationwide expansion.
“Fusion sets itself apart from other providers by focusing on solving our customers’ complex communications challenges with single source solutions, delivering more than a simple product, but a fully integrated solution that matches the right technology, support and service to the customer’s unique requirements,” said Dan Foster, Fusion’s Chief Revenue Officer. “This renewal and expansion is a testament to our commitment to deliver custom solutions that help businesses fully leverage the cloud. Fusion delivers our comprehensive software and services solutions over our own cloud infrastructure, securely and reliably connecting our customers to the advanced Fusion applications that have been designed to increase the productivity and performance so critical to their success.”
Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's Single Source for the Cloud®. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud communications, contact center, cloud connectivity and cloud computing. Fusion's innovative, yet proven cloud solutions lower our customers' cost of ownership, and deliver new levels of security, flexibility, scalability and speed of deployment. For more information, please visit www.fusionconnect.com.
Forward Looking Statements
Statements in this press release that are not purely historical facts, including statements regarding Fusion’s beliefs, expectations, intentions or strategies for the future, may be “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Such statements consist of any statement other than a recitation of historical fact and may sometimes be identified by the use of forward-looking terminology such as “may”, “expect”, “anticipate”, “intend”, “estimate” or “continue” or the negative thereof or other variations thereof or comparable terminology. The reader is cautioned that all forward-looking statements are speculative, and there are certain risks and uncertainties that could cause actual events or results to differ from those referred to in such forward-looking statements. Important risks regarding the Company’s business include the Company’s ability to comply with covenants included in its senior debt agreements; competitors with broader product lines and greater resources; emergence into new markets; natural disasters, acts of war, terrorism or other events beyond the Company’s control; and other factors identified by Fusion from time to time in its filings with the Securities and Exchange Commission, which are available through https://www.sec.gov. However, the reader is cautioned that Fusion’s future performance could also be affected by risks and uncertainties not enumerated above.
MZ North America
Released August 28, 2018