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Data Return Closes Q3 with Multiple Client Wins and Improved Sales Momentum; Company Meets Profitability Goal for 10th Consecutive Quarter.


DALLAS -- Data Return LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a leading tier-one provider of IT operations services, today announced the company's positive results and successes in Q3. During the quarter, the company signed new contracts totaling approximately $15 million. Additionally, Data Return continued to deepen deep·en  
tr. & intr.v. deep·ened, deep·en·ing, deep·ens
To make or become deep or deeper.


deepen
Verb

to make or become deeper or more intense

Verb 1.
 current relationships and attracted two dozen new clients through the expansion of its services portfolio.

Among the clients engaging in a new relationship with Data Return during Q3 were CyberU, Legacy.com and John Hancock Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
.

"The third quarter successes demonstrate continued positive momentum for Data Return," said Sunny C. Vanderbeck, 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.  of Data Return. "Many of these new clients chose to work with us over their existing managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality  provider as a result of our continued commitment to providing the highest level of customer service and satisfaction in the industry."

Data Return's successful third quarter marks the tenth consecutive quarter of profitability for the company.

"The strong Q3 results continue to position Data Return to meet or exceed its 2005 objective of growing the business five to ten percent quarterly," said Steven J. Armond, CFO See Chief Financial Officer.  at Data Return. "We have a consistent track record of stability and profitability that differentiates us in the market and positions us favorably fa·vor·a·ble  
adj.
1. Advantageous; helpful: favorable winds.

2. Encouraging; propitious: a favorable diagnosis.

3.
 to achieve substantially greater market share in the next year."

Data Return's focus on customer lifecycle management and client services has opened new opportunities for growth as the company continually expands the services it offers based on each client's business and technology needs. This flexibility, scalability and technical innovation provide Data Return with a market advantage and a positive outlook for Q4 and beyond.

ABOUT DATA RETURN

Founded in 1996, Data Return provides IT operations and managed hosting services to leading companies around the world, with thousands of servers under management. These companies rely on Data Return's experience, proven capabilities, financial stability, and innovative digitalOps service delivery platform to manage their business-critical applications on the Windows, Solaris and Enterprise Linux platforms. For information on Data Return and Highly Managed Hosting(TM), visit www.datareturn.com or call 1.800.767.1514.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 2, 2004
Words:341
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