CHR and Impulse Advisory Services Join to Expand WiMAX Services
HOUSTON (August 19, 2008) – CHR Solutions, Inc., a leading provider of telecommunications engineering and infrastructure managed services, and Impulse Advisory Services, LLC of Dallas, a leading provider of strategy, marketing, product management and corporate finance advisory services, announced that CHR has acquired certain assets of Impulse and that its employees have joined CHR effective August 16, 2008. Both companies are privately held and terms of the agreement were not disclosed.
Impulse Advisory Services, and its predecessor Impulse Telecommunications Corporation, have helped more than 90 clients since 1986 build advanced technology product and service businesses. Impulse recently developed a strategy to allow companies to rapidly model and create next-generation WiMAX mobile broadband communications services.
“CHR believes that WiMAX can provide a near-term, significant competitive advantage to rural telecommunications clients across America as they evolve to become providers of mobile broadband services and entertainment,” said James Taylor, chairman and CEO of CHR Solutions. “Impulse is a perfect complement and extension of our telecommunications and infrastructure business.”
Edward E. Jungerman, Jr., president of Impulse, said: “We’re very excited about becoming part of CHR with its broad base of telecommunications clients and detailed knowledge of their existing networks. We believe our WiMAX strategies—based on our proven processes—will provide compelling business opportunities for CHR’s clients.”
Impulse will become part of CHR’s Telecommunications and Infrastructure organization managed by Roger Hutton, business unit president, who said, “CHR has a decades-long track record of taking clients from concept to implementation, including cellular and PCS. We’re looking forward to doing the same with WiMAX.”
Other CHR telecommunications services include business consulting, business compliance, strategic accounting services, RDUB loan design, market research, marketing programs, next-generation network design, engineering and systems integration services, video services and IPTV.
This is CHR’s third acquisition this year. On May 6, 2008 CHR announced that it had acquired Telecom Engineers of Missouri to expand its client base and coverage in Missouri, Illinois and Iowa. CHR also acquired Hutchins & Wunnenberg based in Camden, Arkansas on June 16, 2008 enhancing its presence in Arkansas, Louisiana, and surrounding states.
CHR’s vision is to grow within the next five years into a $100 million IT/telecom infrastructure services company providing infrastructure managed services, business process outsourcing, and consulting and engineering services. It focuses on serving middle-market companies in the telecom, energy and bank/financial services verticals leveraging local and global delivery models. CHR expects to grow revenues through a combination of organic growth, cross-selling services, and strategic acquisitions.