San Jose, California – (The Hosting News) – June 14, 2006 – Web host and national provider of integrated voice and data communications firm, Covad Communications Group, Inc., will conduct its Annual Meeting of Stockholders on Thursday, June 15, 2006 at 2:00 p.m. PDT at the Hyatt Regency Santa Clara, 5101 Great America Parkway in Santa Clara, California. The meeting will be webcast live.
Recently, Covad and Nextlink Wireless, Inc., a subsidiary of XO Holdings, Inc., formed a strategic partnership to enable higher speed wireless Ethernet services. Covad’s newest offering included access speeds up to 25 Mbps per subscriber location, providing low latency to propel delivery of real-time applications, such as VoIP.
Charles Hoffman, President and CEO of Covad added, ”The alliance with Nextlink is important to our market strategy. We will significantly boost our strength in the business space, while Nextlink benefits from the use of its wireless assets. Best of all, business customers across the U.S. are the biggest winners, gaining an alternative in broadband that is reliable, top quality and very price competitive.”
Nextlink, a subsidiary of XO Holdings, Inc., provides broadband wireless services to the wireless and wireline communications service provider, business and government markets. As one of the nation’s largest holders of fixed wireless spectrum, Nextlink endeavor to deliver carrier-grade wireless access solutions that scale to meet the demands of converged world of communications – supporting next-generation mobile and wireline voice, data and video applications.
Initially, Covad will offer enhanced broadband wireless service within its existing network in the Los Angeles metropolitan area. The agreement also allows for an expansion to eleven additional major markets across the country, including Chicago, Dallas, Miami, New York, Seattle, and Washington, DC.
Covad provides a business-class alternative to traditional telecom providers that is focused on the needs of small and medium businesses. As Covad deploys the new broadband wireless access service, these businesses, along with Covad’s enterprise-class business customers, will have the option to upgrade to a versatile suite of high-speed, Ethernet-based solutions that combines the power, reach, performance, and scalability of Nextlink’s licensed spectrum with the reliability and security of Covad’s extensive network.
In addition, on-demand supply chain management solutions company, Click Commerce, Inc., upgraded Covad’s demand chain management solution. The Click Commerce Software as a Service delivery model is an integrated end-to-end solution that maintains high-performance platforms and network infrastructure while managing capacity for global deployments. Bob Beran, CEO of Nextlink commented, ”This agreement builds on the long-standing relationship between Covad and XO Communications. The consummation of this strategic deal, coming only weeks after Nextlink’s launch, validates our business model and the demand by carriers for new applications of broadband wireless.”
Debbie Jo Severin, Vice President of Marketing for Covad commented, ”We are aggressively targeting VoIP (Voice over Internet Protocol) resellers, and we plan to use the Click Commerce solution to help us successfully grow this market. By moving to an on-demand model, we can accomplish this goal, free up valuable IT resources for other projects and reduce our total cost of ownership.”
Nancy Koenig, Executive Vice President of Operations for Click Commerce added, ”As budgets tighten and demands for operational efficiency increase, software as a service is becoming a more popular and logical choice for the extended enterprise. Click Commerce has a long history of providing hosted solutions and ensuring customers receive the best solution for their needs.”
Click Commerce, Inc. provides on-demand supply chain management solutions, designed to enable millions of users in 70 countries to collaborate, in real time, with business partners across the extended enterprise. Click Commerce solutions are intended to support the unique business processes of multiple industry segments such as manufacturing, aerospace and defense, and high-tech. Click Commerce enables corporations including Alaska Airlines, BASF, Citibank, Eastman Kodak Company, Jabil Global Services, Microsoft, Pier 1, Ryder, and Verizon to coordinate and optimize business processes, accelerate revenue, lower costs, and improve customer service.
The webcast may be viewed by visiting the Event Calendar section on the Covad Website. Participants may also listen to a live audiocast by dialing (800) 218-0204. A replay of the webcast will be available by dialing (800) 405-2236 and entering the passcode: 11061276#.
Covad is a nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, web hosting, managed security, IP and dial-up, wireless broadband, and bundled voice and data services directly through Covad’s network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. According to the company, as the first company to commercially deploy DSL in the United States, Covad has spent hundreds of millions of dollars building a network that passes more than 57 million homes and businesses in 44 states – the largest nationwide footprint of any DSL company. Covad broadband services are currently available across the nation in 235 Metropolitan Statistical Areas (MSAs) which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles, San Jose, California 95134. Telephone: 1-888-GO-COVAD.
To learn more about the at Annual Meeting of Stockholders webcast, please visit: www.covad.com/companyinfo/investorrelations.
For more information about Covad, please visit: www.covad.com.