ShoreTel shifts millionth IP phone

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IP telephony and unifed communications provider ShoreTel has shipped one million phones.

Its one millionth device was shipped to health centre Clinica Romero, Los Angeles as part of an initial deployment which included more than 180 phones to be installed in three locations.

ShoreTel chairman and chief executive John Combs said: “ShoreTel is delighted that the Clinica Romero is now the proud owner of our one millionth phone and pleased to welcome this worthy cause to our growing customer base.

“As more organisations realize the value of our brilliantly simple UC solutions, the millionth phone shipment marks an important milestone in the history of our company. By making modern communication features easy to access and comfortable to use, ShoreTel is helping organisations like Clinica Romero see the high levels of user adoption required to improve efficiency and responsiveness.”

ShoreTel reported a five per cent annual increase in revenue in its second quarter and record gross margins of 64.5 per cent, compared with 63.1 percent during the same quarter last year.

It generated around $3 million in cash flow from operations during the quarter.

ShoreTel chairman and chief executive officer John Combs said: “We are seeing solid growth and an improving market even before the benefits of our strategic investments in sales, R&D, and branding are realized. We are very pleased with our second quarter performance, having outperformed our revenue and earnings expectations, posted our all-time highest gross margins, and grown our cash and short-term investments by $3.5 million while making significant investments in our business.

“We also achieved double-digit growth from our national partners, and signed over 800 new customers. Looking forward, we expect to build on this positive momentum.”

ShoreTel launched ShoreTel 10, its newest unified communications (UC) software. The software supports fax integration, can be used on a number of site locations and combines Microsoft Exchange 2007 for messaging via SIP.

ShoreTel expects its third quarter ended March 31, 2010 to afford it with revenues of between $33 to $36 million and gross margins of around 64 per cent, including around $300,000 in stock-based compensation expenses.

 

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