A 20% beat of revenue-- has to push this baby up
VIENNA, Va., March 20, 2008 (PRIME NEWSWIRE) -- Ariel Way, Inc.
(OTCBB:AWYI) announced today that its subsidiary Syrei AB,
(www.syrei.com), a Sweden based telecom-consulting firm, reported that its revenue during the first month after Ariel Way's acquisition of Syrei beat the target revenue by 20%. The February 2008 revenue was approximately $670,000, which was the second highest ever monthly revenue for Syrei.
Syrei, founded in 1997, is a telecom-consulting firm operating out of
the U.K. and Sweden, comprised of senior specialists and experts in the
evolving global telecommunications market. Syrei's management and
technical experts have successfully delivered professional services to
value added service providers, telecom equipment manufactures and
operators in more than 40 countries around the world. Syrei is a
complete solution provider and a system integrator that is able to
accept the total responsibility of large and complex projects. Syrei's
consultants have been brought in to advise and aid major corporations
and telecom operators like Ericsson, Nokia, 3GIS, ABB, Orange,
SonyEricsson, Swedbank, Tele2, TeliaSonera, TIM etc. Syrei will add
global expertise to Ariel Way's strategy of building a state-of-the-art
highly secure Digital Signage Network. Syrei's primary focus will be on
markets in Europe and Asia.
