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Akibia Enjoys Fourteenth Consecutive Year of Profitability and Growth in FY03.


Business Editors/High-Tech Writers

WESTBOROUGH, Mass.--(BUSINESS WIRE)--July 2, 2003

IT services provider adds 100 new customers, launches Network and

Security Solutions, achieves record profitability, and experiences

strong 40% growth in Europe

Akibia Infrastructure Management Services, a leading worldwide provider of customized and integrated support solutions for UNIX UNIX

Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics).
, Linux and Windows environments (1) (upper case "W") Refers to computers running under a Microsoft Windows operating system.

(2) (lower case "w") Also called a "windowing environment," it refers to any software that provides multiple windows on screen such as Windows, Mac, Motif and X Window.
, today announced its fourteenth consecutive year of profitability and growth, with revenues of $76 million for the fiscal year ending March 31, 2003. The IT services provider, founded in 1988, realized significant milestones in FY03 by achieving record profitability, launching Akibia Network and Security Solutions and adding approximately 100 new customers throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Europe.

Akibia Network and Security Solutions was launched in September to broaden the range of the support solutions Akibia delivers to its customers. Formerly Triumph Technologies, the group came to Akibia from Interliant with years of security, networking and Microsoft experience and a well-known industry reputation for expert consulting, migration and project design, implementation and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services .

Additionally, Akibia announced the rollout of its full suite of infrastructure management solutions to its entire customer base, with additional services including data center relocations, IT infrastructure monitoring, server and desktop migrations, help desk support, and asset management.

Akibia experienced especially strong growth in Europe in FY03, increasing revenues by 40% and expanding its portfolio of offerings and service delivery geographies into the United Kingdom, Sweden, Benelux and Germany.

"Akibia has always focused on addressing the critical IT support needs of mid-size to large enterprises that rely on UNIX, Linux and Windows operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap.  in their strategic and daily operations," said Tom Willson, Akibia CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We are proud that despite the stagnant stagnant /stagĀ·nant/ (stagĀ“nant)
1. motionless; not flowing or moving.

2. inactive; not developing or progressing.
 economy, we were able to grow our business and maintain our consistent record of strong financial performance, while also delivering an expanded portfolio of offerings to meet our customers' needs. We believe Akibia is well positioned for continued growth and success with a complete range of customizable services designed to support our customers' critical data center, network and desktop environments."

About Akibia Infrastructure Management Services

Akibia Infrastructure Management Services provides customized and integrated support solutions for complex UNIX, Linux and Windows environments. Founded as Polaris Service in 1988, Akibia delivers data center support, desktop management and network and security solutions to leading companies worldwide. The company also offers operations support, IT education and infrastructure consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
. Akibia partners with its customers, combining people, processes and infrastructure, to deliver cost-effective cost-effective,
n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate.
 support solutions, designed to meet each customer's specific needs. Headquartered in Massachusetts Massachusetts (măsəch`sĭts), most populous of the New England states of the NE United States. , Akibia Infrastructure Management Services is a division of Akibia, Inc., an IT services company, and has offices throughout the United States and Europe. For more information, please call (866) 4-AKIBIA (425-4242) or visit us on the web at www.akibia.com.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 2, 2003
Words:460
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