Auxer's Telecom Switch Operation Received Heavy Holiday Volume; Switch Equipment, Engineer and Customer Service Staff Successfully Managed High Levels of Traffic
9 January 2001
Auxer's Telecom Switch Operation Received Heavy Holiday Volume; Switch Equipment, Engineer and Customer Service Staff Successfully Managed High Levels of Traffic
WEST PATERSON, N.J.--Jan. 9, 2001--The Auxer Group, Inc. (OTCBB: AXGI) announced the company's subsidiary, Auxer Telecom, successfully serviced approximately 500,000 calls and processed over 1.2 Million minutes of communications traffic during the holiday season The traffic was higher than planned; however the operation was prepared and successfully managed the demands."The Customer Service and Engineer staff worked around the clock to service the customers during this traditionally busy season for service providers. Our Telecommunication equipment and network performed above expectations. Our call completion ratios were above industry standards. In general, the operation functioned as a well-run organization. The transfer of Clifton's traffic is expected to continue as planned. Clifton and Auxer Telecom are preparing to release several new communication products during the next several months. Additionally, Clifton's sales have continued to increase over the course of the 4th quarter and will be in line with the projections I stated at the beginning of 4th quarter. Overall, I believe the investment in Telecom will prove to be a very positive strategic move for our investors and I expect to release more news on our Telecom products, projects, acquisition candidates and sales results for the prior quarter over the course of the next two months," said Ronald Shaver, Executive Vice President.
ABOUT THE COMPANY
The Company is a holding company that has a Telecommunications Group with two (2) subsidiaries, Clifton Telecard, Inc., a wholesale distributor of prepaid phone cards and Auxer Telecom, Inc., a reseller/switch operation of telecommunication services. Additionally, Auxer owns an Automotive Group with three (3) active subsidiaries: The Harvey Westbury Corporation Inc., The Mechanics Depot and CT Industries, Inc. Harvey Westbury assembles and packages automotive accessories under the name, Easy Test(R), sells engine treatment under the name, Formula 2000 Ultimate(TM) and sells waxes and polishes under the name, Garry's Royal Satin(TM) to the automotive, marine, and aviation industries. The Mechanics Depot is a specialty distributor of automotive parts and accessories to local mechanics, service stations and dealers. CT Industries, Inc. has been designated to house any future internet-related business and currently handles the internet-related sales from the company's websites as well as other retail programs.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, competition, new products and technological changes, intellectual property rights and other risks.
For more information please visit our websites at www.auxer.com and www.axgiinvestor.com