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ShopforT3.com Reaches Major Milestone: $3M in Monthly Billing

DRAPER, Utah -October 30, 2008 - ShopforT3.com, a master agency wholly owned by Telarus Inc and provider of real-time T1 price quoting through it's patent-pending GeoQuote technology, today announced it's book of business has reached $3 million in total monthly recurring revenue.

"It's an honor to reach the $3 million dollar plateau just six years after starting this company from nothing" commented Adam Edwards, president and CEO of Telarus, Inc. He continued, "The magnitude of this achievement is further compounded by the fact that we did it while our economy is in the midst of a slow down coupled with continued carrier price erosion. Even in the midst of all of that, our agents were able to make up the difference by focusing on new opportunities they uncovered through our lead programs, upselling services to existing clients, brining in larger ticket sales through complex solution selling, and by retaining existing customers. It's hard to grow a book of business when existing customers are slipping out the back door."

Some initiatives that attract new partners to Telarus include:

  • Fiber mapping software integrated with Google Maps
  • Instant quotes for commercial data and voice services
  • Warm internet leads delivered exclusively to selling agents
  • Targeted cold leads delivered by vendors to qualified agents
  • VARNetwork.com, which generates equipment leads to VARs as a reward for carrier service referrals
  • GeoQuote 2.1 plug-ins for public-facing affiliate web sites
"The one million dollar mark (Feb 2006) was great because it validated our business model" added Lance Akins, VP of Sales for Telarus, Inc. "The two million dollar mark (Jan 2007) proved that Telarus was built to scale without being crushed under the weight of our own success. The three million dollar mark (Oct 2008) demonstrated the successful execution of our 'up market' strategy of focusing on high-end agents who service Fortune 1000 businesses. Services like Ethernet, MPLS, and SIP continue to lay the foundation for our climb to $4 million."

"Telarus and ShopforT1.com really are different," added Patrick Oborn, co-founder of Telarus, Inc. and company VP of Marketing. "We hope that our recent achievement of reaching the $3 million dollar book of business, plus the recognition we've received from U.S. Business Review, along with Phone+ Magazine (top 50 Channel Program), CRN Magazine (Emerging Technology Channel), VARBusiness Magazine (5-Star Gold Partner Program), and from the members of the Telecom Association (Top Master Agent for 2008) - will convince agents that they should give Telarus a try. We really do have real-time quotes and fiber look-up tools, we really do deliver warm leads to our performing agents, we really do generate equipment leads for the VAR partners of our agent base, it's all just too much for an elevator story. All we ask for is a chance to earn their business by making their telecom sales agency more streamlined with our technology and profitable through our lead programs."

About Telarus

Telarus is the number one master agency in 2008 as voted by the members of the Telecom Association and VAR Business Magazine. It is our goal is to make agents and VARs more successful than they can be on their own or with any other master agent. Telarus provides agents warm and cold leads, tools, automation, and superior support in an atmosphere of cooperation and ethical community. One example of the tools Telarus provides its agents is real-time voice and data price quoting through its patent-pending GeoQuote technology. GeoQuote makes it possible for business shoppers to access instant pricing and availability information for over 30 broadband data and voice service providers which include Accel Networks, ACC Business, AireSpring, AT&T, Broadweave, Cavalier, Covad, Level3, MegaPath, Network Innovations, NewEdge Networks, Nuvox, PAETEC, One Communications, PowerNet Global, Qwest, Smoothstone, TelePacific, Telnes, TW Telecom, UCN, and XO Communications.

If you are interested in giving Telarus a try please contact Justin Chugg, Telarus New Partner Manager, at (877) 346-3232 or click here further information.

About ShopforT3.com

ShopforT3.com provides real-time T3 price quoting through it's patent-pending GeoQuote technology, offering business shoppers a unique opportunity to access instant pricing and availability information for over 30 broadband data and voice service providers. ShopforT3.com also offers complimentary consulting from licensed and trained ShopforT3.com independent agents. These agents specialize in assisting customers understand the many telecommunications offerings and coordinate the sale of commercial communication services that best meet their needs and budget requirements. The company's Web site is www.ShopforT1.com. Interested agents and network integrators (VARs) should call Justin Chugg, Telarus New Partner Manager, at (877) 346-3232 for further information on the ShopforT1.com program.

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