Is there a way I can persist New-WebServiceProxy or System.servicemodel.endpointaddress

I have some Runbooks that must make upwards up 50,000 calls to various web services. I am already leveraging parallel activities but these are still required to generate a Proxy.
I haven't been able to persist a web proxy between .net activities in the same Runbook. I'm also open to using the object below if that is possible.
$endpoint=New-Object System.servicemodel.endpointaddress("")
Would the PowerShell IP be appropriate in this case?
Moved On

See Kappy's previous write-up.
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