Datalink Named a Hot Growth Company by Business Week and Receives No. 2 Ranking in NetworkWorld Top 50.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--June 1, 2000 Datalink Ranked No. 30 in Business Week List; NetworkWorld Ranks Companies Based on Revenues per-employee Datalink Corporation Datalink Corporation (NASDAQ: DTLK) is an American data storage corporation with operations throughout the United States. The company engages in the design, installation, and support of data storage infrastructures that store, protect, and provide continuous access to (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 :DTLK), a leading, independent networked storage solutions provider, has been named to Business Week's list of 100 Hot Growth Companies. Datalink ranks 30th on the list, which appears in the magazine's May 29, 2000 issue. "The Business Week recognition of Datalink is a terrific message to our employees, customers and shareholders," said Greg GREG Great Egg Harbor National Scenic and Recreational River (US National Park Service) Meland, Datalink's President and Chief Executive Officer. "We're in an era where rapid company growth is now the expected norm. Our revenue, earnings and return on capital in recent years are statistics we're proud to own. This recognition is testament to our own hard work, ability to lead in our category, and commitment to give clients the best-in-class storage solutions they demand." Business Week editors select the Hot Growth Companies based on their three-year results in sales growth, earnings growth, and return on invested capital. Datalink's sales and earnings for the most recent 12 months totaled $121.2 million. Earnings during the same period totaled $6.3 million. Return on capital totaled 51.5 percent over a three-year average; 1997, '98, and `99. In a separate report from a leading technology trade publication, NetworkWorld, Datalink placed among the top 50 companies for revenue per employee. In 1999, Datalink's per-employee revenue totaled $880,719, placing the company at number two on the NetworkWorld list behind Apex PC Solutions and ahead of mega-corporations like Dell, Apple and Microsoft. Today, Datalink employs more than 170 people at 21 locations in the U.S. ABOUT DATALINK: Datalink Corporation (NASDAQ:DTLK), based in Minneapolis, Minnesota “Minneapolis” redirects here. For other uses, see Minneapolis (disambiguation). Minneapolis (pronounced IPA: /ˌmɪniˈæpəlɪs/) is the largest city in the U.S. , is the industry's premier independent provider of networked storage solutions for open systems computing computing - computer environments. Designed to store, access, and protect business critical information, the Company's solutions are developed using best-of-breed technologies and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. . A comprehensive suite of services -- analysis, design, integration, implementation, training, technical support, and maintenance -- are delivered by Datalink's multi-tiered professional services organization. For more information on Datalink, call 1-800-448-6314, e-mail info@datalink.com or visit http://www.datalink.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements in this press release regarding Datalink Corporation's business which are not historical facts are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Prospectus and information contained in reports filed with the U.S. Securities and Exchange Commission. |
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