Fusion Wins Contract in Retail Vertical Market to Provide Cloud Solutions to Rapidly Growing Regional Restaurant Chain
Chain's National Expansion Expected to Ramp to Approximately $2 Million for Fusion Over Five Years
NEW YORK, NY -- (Marketwired) -- 10/31/16 -- Fusion (NASDAQ: FSNN), a leading provider of cloud services, announced that its award-winning cloud communications solutions were recently selected by a rapidly expanding chain of Asian-inspired restaurants featuring healthy cuisine at affordable prices. The win reflects Fusion's increasing success in its specialized retail vertical market strategy. The chain, which is currently focused on serving the western U.S., is expected to grow to more than 1,000 restaurant locations nationally over five years. The chain cited Fusion's enhanced features, centralized communications platform and powerful administrative portal as major reasons for its selection of Fusion's cloud communications solution to support its expansion. Fusion has already begun the implementation and invoicing process, linking more than 40 restaurant locations to increase productivity across the enterprise with uniform dialing, collaboration and presence, and a customer-controlled management and reporting capability.
Russell P. Markman, Fusion's President of Business Services, said, "From its start, 'only the best' has been this rapidly expanding restaurant chain's commitment to its growing base of loyal customers. The chain was seeking a communications partner that shared its focus on service excellence to support the organization in its plans to deliver on its simple formula for success as it grew nationally. We're pleased that the chain found that partner in Fusion, with our advanced, yet easy to use cloud communications solution, 24 x 7 x 365 live, experienced technical support, and powerful administrative tools for real-time centralized management control. Fusion is looking forward to growing with this organization as it expands across the U.S., and we anticipate generating approximately $2 million in revenue over five years from this work. We also expect that the specialized solutions we've built for the retail industry will continue to help us grow in this large and growing market."