ELEC

Type: Public
On the web: http://www.pervasip.com
Employees: 11
Employee growth: (26.7%)

As the popularity of computer telephony spreads, Pervasip (formerly eLEC Communications) hopes to cash in on convergence. Through its VoX Communications subsidiary, the company provides wholesale Voice-over-Internet Protocol (VoIP) service to cable network operators, ISP's, competitive local exchange carriers (CLECs), and other resellers. Its customers, in turn, provide private or co-branded VoIP services to the residential and small business markets. VoX's service packages include such features as call return, voicemail, caller ID, and call waiting.

Key numbers for fiscal year ending November, 2008:
Sales: $2.1M
One year growth: 109.6%
Net income: ($5.4)M

Officers:
Chairman, CEO, CFO, and Treasurer: Paul H. Riss
EVP Sales and Marketing: Internet & Online Services Providers

Competitors:
AT&T
Verizon
Vonage

(Enterprise LEC) An organization that is large enough (about 2500 or more employees) to file for CLEC status and become its own customer. As a CLEC, it can purchase telephone service at wholesale rates that it can sell to itself and to others to further reduce costs. The Yankee Group coined the term. See LEC, CLEC and ILEC.

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