Black Box Corporation Exceeds FY2000 Annualized Revenue Target for On-Site Network Services; Increases FY2001 On-Site Annualized Revenue Goal to $450 Million.

Business Editors

PITTSBURGH--(BUSINESS WIRE)--April 10, 2000

Black Box Corporation (Nasdaq:BBOX) today announced that it exceeded its worldwide on-site on-site
adj.
Done or located at the site, as of a particular activity: on-site monitoring of a production run; an on-site film shoot. network services annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenue target of $225 million for the fiscal year ended March 31, 2000. Annualized revenues from this segment totaled approximately ap·prox·i·mate
adj.
1. Almost exact or correct: the approximate time of the accident.

2. $250 million, up from $55 million for the previous fiscal year.

The Company also increased its annualized revenue target for worldwide on-site network services to $450 million, up from $400 million, by March 2001. This anticipated growth is expected to be achieved through continued organic growth and further geographic geographic /geo·graph·ic/ (je?o-graf´ik) in pathology, of or referring to a pattern that is well demarcated, resembling outlines on a map.

geographic

pertaining to geography. expansion.

Commenting on this announcement, Fred (Friendly Rollabout Engineered for Doctors) A mobile medical conferencing unit. See videoconferencing.

1. FRED - Robert Carr. Language used by Framework, Ashton-Tate.
2. C. Young, Chief Executive Officer of Black Box Corporation, said, "We are pleased with our on-site network services expansion program. Exceeding our goal for FY2000 is the result of a tremendous team effort. As we enter FY2001, the momentum of our recent accomplishments should allow us to achieve our $450 million target by March 2001".

Black Box is a leading worldwide technical service provider of network services and related products to businesses of all sizes, servicing 132 countries throughout the world.

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Publication:	Business Wire
Date:	Apr 10, 2000
Words:	180
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