24x7 Tech Adds Senior Management, Projects 300 Percent Revenue Growth in 2001.Business Editors CAMARILLO, Calif.--(BUSINESS WIRE)--Feb. 28, 2001 24x7 Tech Inc., a leading Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, network and technical support application service provider based in Camarillo, has increased its staff and senior management, and projects a minimum 300 percent revenue growth in 2001, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Ryan Blair, 24x7 Tech's vice president, business development. "We experienced exciting internal growth that required us to add an additional 10 senior managers to our operation last quarter," said Blair. "Our 300 percent growth projection applies to the Ventura County region only. We will be opening seven new offices in Southern California and Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. in 2001. These will add to the revenue growth numbers. "Our first new location will be in Las Vegas and is scheduled to open in March. In addition, we're actively looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. complementary companies that fit into our acquisition and partnership plan enabling us to take 24x7 Tech national." Feb. 1 marked the one-year anniversary of the company, which provides technical support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to middle-market businesses. "Sales for our first year exceeded initial estimates by better than 30 percent," said Earl Needham, director of operations. "Revenues from the last quarter were up 75 percent from the preceding quarter. We met all our growth projections. We believe that the market for comprehensive 24-7 technical support and service to middle-market businesses is largely untapped. That's our niche." 24x7 Tech clients include the U.S. Navy, Xircom and Consumer Credit Counseling Credit counseling (known in the United Kingdom as debt counselling) is a process offering education to consumers about how to avoid incurring debts that cannot be repaid. This process is actually more debt counseling than a function of credit education. Services. |
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