Charys Holding Company, Inc. (fka CHYSQ)

[jonesieatl]

Charys Holding Company's Aeon Technologies Subsidiary Awarded $1 Million Wireless Contract

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BusinessWire
10:37 a.m. 01/09/2007


ATLANTA, Jan 09, 2007 (BUSINESS WIRE) -- Charys Holding Company, Inc. ("Charys") (CHYS) today announced that its wholly owned subsidiary, Aeon Technologies, Inc. ("Aeon") has been awarded a project that consists of the implementation of an advanced digital microwave radio network and associated antenna systems.

This contract, awarded from one of the leading international communications companies, calls for full turnkey installation in addition to test and turn-up services for the 66 hop wireless backhaul solution. The goal of the project is to provide a statewide wireless system to one of the largest Utility Providers in the Midwest. The estimated value exceeds $1 million.

Wade Clark, President of Aeon, noted, "This assignment represents the most recent contract in a succession of microwave projects awarded to Aeon. Following on the heels of a similar $10 million wireless contract in the northeast, our reputation for managing multiple large-scale complex projects is positioning Aeon in the forefront of the microwave infrastructure market. With the scale that we achieve across all of Charys we look forward to continuing the momentum while providing consistent 'best in class' quality."

Billy V. Ray, Jr., Chairman and CEO of Charys, added, "Aeon, already a highly regarded technology provider, has only strengthened their standing in the international cable and wireless telecom market through their aggressive growth planning and quality execution. The Charys strategy is to leverage the size and capabilities of each of our subsidiaries to meet the needs of our customers. In this case, CTSI augments the Aeon resource pool to capture the growth opportunities we have."