Nexius Reveals Future Plans for Network Services Business Following Spin-out and Sale of Products Division

RESTON, Va.--(BUSINESS WIRE)-- Nexius, the leader in intelligent network solutions for the communications industry, today revealed the company’s plans for the future following the recent sale of the Nexius product division to comScore Inc (Nasdaq: SCOR), last month. Nexius, which currently delivers Technology Strategy, Network Engineering, Network Deployment, and Software Services to today’s leading communications providers, announced plans to expand its mission in the weeks ahead: launching new services offerings, targeting new markets, and growing its services and management teams.

“Nexius has enjoyed substantial growth since we were founded in 2001 as a services company and we now deliver solutions to many of today’s leading communications providers throughout the world. The recent sale of our products division enables us to now concentrate 100% of our resources on delivering high-quality services and custom solutions to our growing customer roster of cable operators, OEMs and mobile operators,” said Ned Taleb, Executive Chairman and Co-founder of Nexius. “We plan to expand our team and services offering in the weeks ahead to continue to serve as strategic partners for our clients at every level of the value chain.”

Key focus areas for Nexius going forward include:

• Launching New Services Offerings – Nexius plans to continue to be on the cutting edge of delivering the latest solutions to clients, including announcing new services offerings. From deploying new application development platforms to managing ground-breaking 4G projects, Nexius services team will be launching new strategic consulting projects that solve the most challenging issues communications providers face.
• Deploying Nexius Solutions in New Geographies and Markets – Nexius currently deploys solutions for dozens of wireless operator clients, tier one cable operators, and OEM clients worldwide. The company plans to expand and deepen their services offering into new geographies, including Central and Latin America, the Middle East, and Africa, in the months ahead as well as announce several new clients in the markets they currently serve.
• Growing the Nexius Services Team – Nexius plans to announce upcoming additions to their leadership team who bring deep experience in network and software services and a reputation for customer satisfaction. Nexius will also continue to expand their team of more than 350 personnel to support services engagements in new markets. Nexius career opportunities can be found at: http://www.nexius.com/careers/job-openings

For more information on the recent sale of the Nexius products division and to learn what this news means for the company’s future, read Ned Taleb’s executive commentary on the announcement found here: http://www.nexius.com/news-and-events/nexius-vision-for-future

About Nexius

Nexius is the leader in intelligent network solutions for the communications industry. The company’s team of consulting experts collaborates with some of the largest companies in the world to deliver innovative solutions in the areas of technology strategy, software services, network engineering, and network deployment. By serving as strategic partners at all levels of the value chain and inspiring the industry as subject matter experts, Nexius consultants deliver best-in-class custom solutions that bring exceptional business value for their customers. Nexius solutions combine the best people with a deep knowledge base and exceptional data analysis tools to provide the insight and intelligence companies need to provide a superior experience to their customers.

Nexius is on a steady path of growth in the US and globally, ranking as the 103rd fastest growing business in America by Entrepreneur Magazine and in the Deloitte Technology Fast 50 and the Inc. 5000 lists. Nexius’ customers include some of the world’s leading companies, such as AT&T, Verizon, Sprint, T-Mobile, Qualcomm, and Time Warner. Additional information is available at +1 (703) 857-4100, info@nexius.com, Twitter: @NexiusInc, and http://www.nexius.com.

CONTACT:

Nexius
Jaimie Pfeiffer
+ 1 (703) 857-4041 x7501
PR@nexius.com

KEYWORDS:   United States  North America  Virginia

INDUSTRY KEYWORDS:   Technology  Data Management  Internet  Software  Telecommunications  Mobile/Wireless  Professional Services  Consulting

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