6/12/2002 - Clarent Corporation (OTC: CLRN), a leading provider of IP Softswitch and enterprise voice and data convergence solutions for next generation networks, today announced that iTopia, a global telecommunications service provider and distributor, purchased over one million dollars of Clarent software and equipment during the first quarter of 2002. This is the first time quarterly sales to iTopia have exceeded the million-dollar mark during iTopia’s three and a half years as a Clarent customer. iTopia attributes rising sales activity to the impact of competition and falling prices on the profit margins of local telecommunications providers, many of whom are turning to IP-based solutions to reduce network expenses and generate new revenue streams.
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