VeriCenter, Inc., Reports Revenues for Q4 and Fiscal Year 2005; Revenues Surge 32% in 2005.HOUSTON -- VeriCenter, Inc., a leading enterprise managed IT services provider, today announced results for the fourth quarter and fiscal year 2005. For the quarter, the company had revenues of $14.4 million, up 35% year over year and 11% sequentially. For all of 2005, VeriCenter had revenue of $50.3 million compared to revenues of $38.1 million in 2004, an increase of 32%. "2005 was our first year to reach the $50 million revenue plateau," said Gray Hall, president and 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 VeriCenter. "During the year we completed our third major acquisition, integrated our expanded operations, and accelerated our rate of organic growth across our larger national footprint of data centers and 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 operations." In 2005, VeriCenter benefited from significant growth in the number of companies transitioning their mission-critical enterprise operations to an IT managed services partner. Outsourcing has become a common tactical move to reduce operational costs, as organizations find the right balance between internal and external IT capabilities. "VeriCenter enters 2006 with a strong pipeline of new business. We expect to continue growing and executing on our strategy to deliver premier enterprise managed IT services," added Hall. 2005 Highlights --Acquired St. Paul-based Agiliti, Inc., a premier provider of enterprise hosting with a 10,000 square foot data center facility and strong regional customer base --Added 115 new customers, including Loomis Fargo, Frontier Airlines This article is about Frontier Airlines that was founded in 1994. For the company known as Frontier Airlines from 1950 to 1986, see Frontier Airlines (1950-1986). For the similarly named Frontier Flying Service see Frontier Flying Service. , Skillsoft, Berlitz, CHRISTUS St. Catherine There are seven St. Catherines:
It may contain tentative information; the content may change as the event approaches and more information becomes available. --Expanded services for existing customers, including Cadbury Schweppes Cadbury Schweppes plc is a confectionery and beverage company with its headquarters in Berkeley Square, London, England, UK. Cadbury Schweppes is currently the only major international confectionery manufacturer to produce Fairtrade or organic products, which it sells through its , Ernst & Young LLP LLP - Lower Layer Protocol , Kodak, Yahoo!, Lifetouch, GX Technology, Reebok Ree´bok` n. 1. (Zool.) The peele. , Minute Clinic, Stewart Mortgage Information, and U.S. Dept. of Justice --Houston Business Journal recognized VeriCenter as the fastest-growing small business in the Houston metropolitan area, achieving 287 percent year-over-year revenue growth in 2004 over 2003 --Inc. magazine listed VeriCenter on the 2005 Inc. 500, a prestigious list of the nation's fastest-growing private companies. VeriCenter ranked No. 171 with 2004 revenues of more than $38 million and a three-year growth rate of 626 percent About VeriCenter, Inc. VeriCenter is the IT infrastructure and managed services company that provides a comprehensive range of secure, reliable, enterprise-level IT operations. These inclusive enterprise services are centrally delivered through automated systems to our nationwide data centers or customer locations. VeriCenter's solutions help maintain and improve all levels of enterprise service and support while extending IT departments' in-house capabilities. VeriCenter customers rely on the company's expertise for hosting, security, monitoring, OS & database administration, and storage & tape backup Using magnetic tape for storing duplicate copies of hard disk files. Users can add an internal or external tape drive to their desktop computers for backup purposes, and files are typically copied to the tapes using a backup utility that updates on a periodic schedule. requirements. Customers benefit from scalable, cost controlled, high-quality IT services and infrastructure all from one source. For additional information on VeriCenter and the scalable solutions, visit: www.vericenter.com or call 866-411-8287. VeriCenter and the corporate logo are registered trademarks of VeriCenter, Inc. |
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