Feb 26, 2003 : eXchange @ 200 Paul Reports Strong 2002

📅 February 26, 2003 - Carrier hotel and colocation facilities provider eXchange @ 200 Paul (exchangecolo.com) said this week it had a "momentous year" in 2002.

The company said 2002 was marked by significant revenue growth and customer wins, including the addition of Verizon, Cingular Wireless to its customer roster. Other newly signed and recently expanded customers included: Qwest Communications, WilTel Communications, Cogent Communications, Reliable Hosting, United Colocation Group, Whitaker Consulting, Corrigo and Verio.
The company said it won 40 new contracts with leading carriers and enterprises for its carrier hotel and colocation facilities; it also expanded its contracts with 20 existing customers. As a result, 2002 revenues grew 23 percent over 2001 revenues, with a total of 439 percent revenue growth since 1999. The company has been cash flow positive since 2000.
"eXchange @ 200 Paul remains focused on providing network providers and enterprises with a complete marketplace for bandwidth connectivity. Key to this effort is the addition of global and wireless carriers to our facility and continued financial stability-two of our major accomplishments in 2002," said John Wilson, president and CEO of eXchange @ 200 Paul. "Last year may have been the most challenging year ever for the telecommunications industry, but with our tier-one customer roster, reduced debt and solid revenue growth, eXchange @ 200 Paul and our customers are primed to enjoy long-term prosperity."

Reads: 1752 | Category: General | Source: TheWHIR : Web Host Industry Reviews
URL source: http://www.thewhir.com/marketwatch/exc022603.cfm
Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!

Other news

📅 Feb 25, 2003 - Telestra Deploys Cisco 10Gb Ethernet Gear - Internet networking developer Cisco Systems Inc. (cisco.com) announced on Monday that Austrialian telecommunications company Telestra has expanded its Internet backbone capacity, upgrading to 10 Gigabits per second using the Cisco 12000 Series Internet Routers. According to Cisco, Telestra has activated the first 10 Gigabit Ethernet link on its Telestra Internet Direct (TID) backbone, which delivers broadband Internet services for business and home users across Australia. The upgrade, says Cisco, provides the company with greater backbone bandwidth to ensure TID's performance and reliability. Cisco says the TID upgrade is one of several planned improvements within

📅 Feb 25, 2003 - IDT Corporation to Bid for Global Crossing - Communications carrier IDT Corporation (idt.net) announced on Tuesday that it intends to submit an offer to purchase bankrupt telecommunications company Global Crossing, saying it intends to submit a bid Tuesday the representatives of the company's estate. IDT says its bid will at least match the economics of, and will be more viable than, the bid submitted last August by Hong Kong-based conglomerate Hutchinson Whampoa Ltd and state-controlled Singapore Technolgy Pte Ltd. The idea that a foreign corporation could take control of Global Crossing, says IDT, raises questions of national security, as it would give them access to sensitive phone conversations by major c

📅 Feb 25, 2003 - LaGarde StoreFront Service Speeds Setup - E-business solution provider, and StoreFront software developer, LaGarde (lagarde.com) announced last week that it has released an expanded family of service offerings designed to help merchants make their way online more quickly. With more than 45,000 stores online, and hundreds more added each month, LaGarde says it understands first-hand the time constraints faced by merchants. The company says it has responded by adding a variety of support plans to its existing e-business services, offering help with StoreFront to merchants that don't want to spend their time learning the software. Merchants are now able to pick from a range of service offerings designed to si

📅 Feb 27, 2003 - MSPI Obtains $2 Million in Funding - Managed Service Partners International, MSPI (mspintl.com), a provider of remote network management and monitoring solutions, announced that it has successfully completed $2 million of funding with an investment from Starlight Technology Partners, LLC. MSPI will use these funds to expand its current marketing and sales efforts and enhance its OpsWorks remote monitoring and management technology. "Remote IT monitoring and management is an increasingly compelling market, especially as companies look for ways to reduce IT infrastructure costs while maintaining existing levels of service," said Frank Wilde, Chairman of Starlight Technology Partners, LLC.

📅 Feb 27, 2003 - RackForce Selects Plesk for Automation - RackForce Hosting Inc. (rackforce.com) announced today that it has selected Plesk's (plesk.com) Enterprise Manager (PEM) to automate its data center infrastructure. The software's ability to manage everything from their switch and router hardware to the deployment of entire corporate hosting infrastructures corresponds with RackForce's aggressive forward looking corporate outlook. "Up until now RackForce has relied heavily on its talented development team to evolve its hosting services, administration and sales systems. I think we are known as a company that provides high quality dedicated servers and support for a great price. Now, with the addition

📅 Feb 27, 2003 - Redundant Networks Obtains SAS70 Compliance - Redundant Networks (redundant.com) announced it has successfully completed the SAS70 Type One report of its data center facilities in Reno, NV. "SAS70 is imperative for banks, brokerages, trading exchanges, financial service company and other organizations that must maintain secure data services in a locations that must comply with numerous industry standards, security and regulatory requirements," stated Janice Fetzer, chief operating officer of Redundant Networks. "Customers cannot find a more robust network architecture or a more secure facility that also offers SAS70 compliance than is offered by Redundant Networks' bi-coastal data centers. Redundant Net