Engage PR Newsletter Volume II


March 1, 2004

 

More good news...



Pedestal Secures $20 Million in Funding

Pedestal Networks is the first company to make universal broadband a profitable proposition. Engage PR began working with Pedestal in August of 2003 and launched its flagship UBS products in September. Engage PR scheduled 13 meetings with key press and analysts, which generated coverage in over 10 top-tier publications, including Telephony and Light Reading.

In January 2003, Pedestal announced that it had secured an up round of $20 million in Series C funding. The up round was an important milestone not only for the company, but also for the telecommunication industry, as most telecom manufacturers have experienced down funding rounds through the economic downturn.

To expand Pedestal's North American presence, Engage PR wanted to share this news with both financial and technology constituents. This news also gave Engage PR the opportunity to revisit several technology editors that covered the company's product announcement in October. The goal was to position Pedestal as a key player in the DSL market with the right products, the right leadership and a sound financial position. Engage PR wanted to communicate that a positive valuation and an up round validated Pedestal as a company geared for long-term success in the access market.

Engage PR scheduled several joint meetings for Pedestal's CEO and president and the company's new investor, Duff Ackerman & Goodrich LLC (DAG LLC). Engage PR garnered over 15 press hits for Pedestal in top-tier business publications, including The Wall Street Journal, New York Times' Deal Book, and The Daily Deal. In addition, Pedestal also received coverage in leading trade magazines, such as Telephony, Light Reading, and America's Network.




EPR's Full Service Programs

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PR à la Carte – Engage PR's Project Menu

  • Compose & place contributed articles & case studies

 

  • Provide strategy & support for funding, partnership, customer, and product announcements

 

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  • Enhance company's web presence with Site Scrub

 

  • Position key executives as speakers for high-profile events

 

 

 

 

Engage PR is a full-service public relations and communications company with a strong track record of promoting our clients to market success. For more information, please visit www.engagepr.com.

Here we showcase how Engage PR's unique and creative public relations campaigns have elevated our clients and their products in the eyes of investors, the industry, and the media.



UTStarcom Case Study: The Emergence of a Global Success Story

In December 2002, Engage PR began its relationship with UTStarcom (NASDAQ: UTSI), a global leader in IP access networking and services.

The Goal
UTStarcom had achieved solid financial success since its IPO in March 2000, but very few editors and industry analysts knew much about the company. UTStarcom was seen as a "one country, one technology company"
– a Chinese wireless telecommunications company – by the media, as well as by financial and industry analysts. UTStarcom enlisted Engage PR to drive the company's corporate public relations program, expand its business presence across the financial community, and highlight its global market leadership in integrated IP access technologies.

The Approach
Engage PR's first task was to conduct media and analyst audits to gauge outside perception of UTStarcom. After talking with several key editors and analysts, Engage PR identified three specific goals to elevate UTStarcom's position in the worldwide telecommunications market:

  • Promote UTStarcom as a U.S.-based leader in the global telecommunications industry, with a strong, consistent financial history.
  • Highlight UTStarcom's technology innovation to position the company as a thought leader in the market.
  • Emphasize UTStarcom's strategic international expansion through the promotion of customer wins beyond China in developing markets such as Africa, India, and South America, as well as in the well-established North American and European markets.

Engage PR began by creating and disseminating quarterly informational updates to key press and analysts on the company's financial, technologic, and customer diversification efforts. Engage PR team members developed relationships with key business press and analysts through regular dialogue, and Engage PR also encouraged UTStarcom to engage in regular conversations with the media to keep the market aware of the company's progress.

The Results
UTStarcom's visibility grew as the market recognized the company's success as a leading worldwide telecommunications equipment manufacturer.

2003 Highlights:

  • Emphasized the company's consistent financial success and long-term sustainability. UTStarcom's stock doubled in value in less than eight months.
  • Provided strategic messaging for all earnings materials, UTStarcom press releases, CommWorks acquisition (Q&A, script, and release).
  • Consistently secured 3-4 positive stories on UTStarcom earnings each quarter in top-tier publications, including Bloomberg, CBS Marketwatch, Dow Jones, and Reuters.
  • Placed six broadcast opportunities for UTStarcom executives with financial-based television shows: Bloomberg TV (three opps), CNN Money Gang, CNBC Squawk Box, CNBC Company Profile.
  • Established strong relationships with business media and secured feature stories on UTStarcom in the following leading business publications:
    • San Francisco Chronicle, "Chronicle 200," May 2003
    • BusinessWeek, "Ringing Off the Hook in China," May 2003
    • Time Asia/Time Europe, "Global Tech Survivors," July 2003
    • Business 2.0, #1 in "100 Fastest-Growing Technology Companies," October 2003
  • Helped the company secure a SUPERQuest award at its debut showing at SUPERCOMM, one of the world's most prestigious telecommunications events.
  • Publicized UTStarcom's expansion into North American and Latin American markets
  • Secured contributed articles highlighting UTStarcom's technical leadership in Internet Telephony, Telephony and Converge! Network Digest.

The Takeaway
Regular media and analyst outreach, coupled with consistent promotion of corporate information and messaging, can help gain visibility for our clients, ensure accurate press coverage and educate potential investors on clients' long-term competitive strengths.


Inkra Educates on Virtualization

Inkra Networks, developer of virtualized network infrastructure, has been an Engage PR client since August 2001.

When Inkra began working with Engage PR, the primary goal was to educate the press and analyst communities on network virtualization technology and its value for simplifying the data center by streamlining key applications such as firewalls, intrusion detection and prevention, SSL, VPN, and load balancing. Engage PR pitched virtualization as a Technology Update for Network World in Fall of 2002, but was turned down as Network World cited the lack of widespread appeal to their readers.

Throughout the following year, Inkra and Engage PR mounted an aggressive educational campaign, explaining network virtualization technology to press and analysts and highlighting the cost, security, and management benefits of a virtualized network. Engage PR began by linking network virtualization with the blade server and storage virtualization trends, enabling press and analysts to develop a context in which to understand network virtualization. Regular outreach to target media with updates on data center virtualization standards reinforced this education process.

Engage PR and Inkra also began discussions with John Gallant, editorial director of Network World and executive producer of the VORTEX conference, about network virtualization's role in the data center. After several conversations, Gallant invited Inkra to the 2003 VORTEX show to speak on the topic of network virtualization. In Fall of 2003, Gallant informed his readers that "The New Data Center" would be a main editorial focus for 2004.

Not giving up on the original idea, Engage PR leveraged virtualization's increased visibility and Gallant's focus on the data center to re-pitch the virtualization Technology Update, which appeared in Network World on January 26 and was featured again in the Network World Data Center Newsletter. Engage PR also placed Inkra in standalone product reviews and trend articles in InfoWorld, eWeek, and Network Magazine that featured Inkra as the leader in network virtualization.


Mirapoint “Faces Off” with the Competition

Engage PR began working with Mirapoint in September 2003. Mirapoint provides an all-in-one email security appliance that integrates anti-spam, anti-virus, hacker protection, and other advanced email security features. Mirapoint's approach provides easier management, better security protection, and lower ongoing TCO compared to competitive solutions that require customers to integrate multiple software point products on general-purpose hardware.

Engage PR looked for creative opportunities to market Mirapoint's expertise in email and security, and to position the company against a growing number of incumbent and start-up competitors. This was particularly important when Mirapoint recently rolled out a new line of email security products, called RazorGate, for the small- to mid-sized enterprise market. Engage PR suggested Network World's "Face-Off" column as the tool to communicate Mirapoint's competitive advantages over software-based alternatives. Network World's "Face-Off" column allows executives from two companies to present their differing viewpoints on a question in their area of expertise.

Network World accepted Engage PR's idea, "Is an anti-spam appliance a better choice than anti-spam software?" The Network World editors slated Mirapoint to present the appliance viewpoint opposite of Brightmail, one of its biggest competitors.

As a leading publication for enterprise hardware buyers, Network World is a strategic forum for Mirapoint and will help drive Mirapoint's agenda around email and security leadership. The article appears in the today's issue of Network World.

 

 

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