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Vista Partners Updates Coverage on TXP Corporation
November 21, 2007 | PR NewswireEstimated reading time: 1 minute
Vista Partners announced today that it has updated coverage on TXP Corporation (BULLETIN BOARD: TXPO) . Ross Silver, Director of Research at Vista Partners stated, "TXP reported an excellent third quarter with revenues up 61% year over year. We expect continued growth as the retrofit and prototype businesses continue to expand and add customers." Silver continued, "We are highly encouraged by the recent partnerships the company announced with telecom giants Tellabs & Adtran as well as the partnership with NorthStar Communications."
About Vista Partners:
Vista Partners provides equity research to institutional and individual investors, with a focus on publicly traded small capitalization companies. For more information and to download the free report on TXP; please visit the Vista Partners website at http://www.vistap.com/.
About TXP:
TXP Corporation is an Original Design Manufacturer (ODM) for the telecommunications industry. Based in Richardson, Texas, TXP has three primary business units: TXP-Texas Prototypes, TXP-Retrofit Solutions, and TXP-ONT Solutions. TXP-Texas Prototypes provides pre-manufacturing services for the electronics industry that help original equipment manufacturers (OEMs) bring products to market both faster and more cost effectively. TXP-Retrofit Solutions provides custom engineering kits to enable ILECs (Incumbent Local Exchange Carriers) to upgrade their local access service delivery infrastructure at minimum cost and time. TXP's retrofit kits enable a wide range of next-generation telecom platforms to easily fit into the variety of remote cabinets that have been broadly deployed by ILECs over the last 30 years. TXP-ONT Solutions comprises the former Siemens' Optical Network Terminal (ONT) development team hired in late 2006. This group develops and markets via an ODM model the iPhotonics family of ONT products to both OEMs and ILECs to be private-label branded. The ONT technology terminates the passive optical network at the home or business location, and enables integrated voice, video and high-speed internet access. For more information visit: http://www.txpcorp.com/