BizSummits Announces Fourth Quarter Growth.ATLANTA -- BizSummits LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control today announced financial results for the fourth quarter ending December 31, 2007. Revenues for the fourth quarter 2007 increased 62 percent from the fourth quarter of 2006. New member companies added in the 4th Quarter also jumped by 121% percent to 230. These gains allowed BizSummits to easily outpace the growth of other competitors such as The Corporate Executive Board Company (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : EXBD), Vistage and other executive groups. Lee Culberson, acting President of BizSummits said, "We are particularly pleased about our growth in the Small and Middlemarket Business (SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. ) space since this is the segment many analysts feel has the most growth potential." BizSummits' unique marketing technologies allow it to dominate the SMB segment, easily outpacing competitors in growth while enjoying substantially lower costs due to the efficiency of its unique marketing technologies. "Boosted by this strong quarterly performance, full-year revenue finished ahead of our expectations," added Culberson. BizSummits provides best practices education, research, events and tools focused on management execution and strategy. Some of its groups include the CFO See Chief Financial Officer. Summit, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. Summit, HR Summit, Training Summit and over a dozen more functional areas. Membership retention performance for the 4th Quarter was also strong. "BizSummits is clearly becoming the preferred choice for corporate executives. We have made significant inroads inroads Noun, pl make inroads into to start affecting or reducing: my gambling has made great inroads into my savings inroads npl to make inroads into [+ and captured one of the largest growing, most engaged audiences as compared to all other executive membership driven entities in the small and middle market," said Floyd Hoffman, Director of Corporate Development. The quality of the speakers sharing best practices was also measurably above any other executive organization, just a few examples in the 4th Quarter included: [TABLE OMITTED] BizSummits is wholly owned by VC South (www.VCSouth.com), which has a proven track record of starting profitable B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business business models with technological advantages in high growth sectors and then successfully exiting to an established operator in that sector that can leverage those scalable advantages across the acquirer's organization for maximum shareholder profitability. |
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