MMRGlobal, Inc. (fka MMRF)

[Tapco1]

RE: The Verizon Partnership that was posted the other day with what seemed like a competitor.

It is not uncommon for a Fortune 100/500 Company like Verizon to bring on multiple vendors to provide what looks like the same service/software. I have seen up to 4 Vendors brought in to compete for the same or similar types of services.

This is what is accomplished when a firm like Verizon creates competition with multiple vendors:

1. It creates a competitive environment with the vendors and has the potential to bring out the best in these vendors when the pressure is applied.

2. If one of the vendors fails to perform as expected they can be dropped in favor of another vendor or vendors.

With the investment and exposure Verizon has with these new technologies, it is always best to have a sound “backup” so the original implementation schedule is not totally lost. Remember Verizon's competitors most likely have the same or similar projects in process or on the drawing board. Starting over is not a very good option especially with young companies who think they will dominate in their space.

3. Internal Verizon staff members get to see a cross section of new technologies - A form of OJT (On the job Training) that keeps their staff members working and happy.

JMHO

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