Akibia Achieves Record Revenue & Profit; Celebrates 20th Anniversary

Company Achieves Significant Revenue and Profitability Growth While Leveraging Exceptional Service to Attract New Customers

July 01, 2008

Westborough, MA – July 1, 2008 — Akibia, a leading independent IT services firm providing data center and network security solutions, announced it achieved record revenue and profit, including year-over-year revenue growth of 15 percent in its fiscal year 2008, which ended March 31, 2008. The financial success occurred as the company marks its 20th anniversary helping companies optimize, secure, manage and support their IT infrastructure.

Founded in 1988 Akibia’s commitment to exceptional customer service and its ability to provide high-value, cost-effective solutions to support their data center, network and security infrastructure has resulted in consistent customer growth and long-term customer loyalty. As a result the company has recorded 20 straight years of profitability and growth. Highlights of the fiscal year include:

  • Revenue & Profit Milestone - Akibia achieved record revenue and profit on the strength of its multivendor, mission-critical data center maintenance and Microsoft, Network and Security consulting and system integration services.
  • Strong Revenue Growth - Year-over-year revenue growth surpassed 15 percent and five year growth was greater than 40 percent, as Akibia continues to expand to meet customer demand.
  • Significant Customer Growth - Akibia’s customer base continued to expand with the addition of more than 170 customers worldwide. Among the new customers are Fortune 1000 companies focused in diverse industries including financial services, telecommunications, manufacturing and retail.

“Akibia is dedicated to customer service. As a Trusted Advisor to our clients, we help them analyze, design, implement and support their IT infrastructure, ensuring the maximum return on investment. Our services are highly regarded by innovative organizations seeking to fully leverage their current infrastructure and maximize the value of their existing investments,” said Tom Tucker, president of Akibia. “As a result, we have seen consistent and on-going success as a company over the past 20 years.”

New Services from Akibia Enable Proactive Infrastructure Support

In Fiscal Year 2008 Akibia expanded its service portfolio to include new offerings that focus on proactively eliminating threats and reducing downtime.

  • Proactive Systems Monitoring Service - Akibia’s proactive monitoring service helps clients maximize systems uptime through the advanced notification of potential issues and faster problem resolution when failures occur. By setting capacity parameters and performance thresholds Akibia identifies signs of weakness – allowing potential problems to be averted before they become critical or impact the user.
  • Proactive Security Services - Akibia provides Proactive Security Services as a way for its customers to limit security threats by getting ahead of them, while also providing a safety net—of resources and talent—should a digital forensic investigation be needed. Akibia’s Proactive Security Services includes security roadmap planning, end-user security awareness training, assessments and security validation, and digital forensic services.

Akibia Receives Recognition from Partner Community

A number of Akibia’s security partners have recognized the company for its commitment to partners and customers, and its ability to deliver and implement best-practice based solutions.

  • Check Point Names Akibia PUREAdvantage Platinum Partner of the Year for 2nd Consecutive Year – Akibia was recognized because it excels as a Check Point partner providing expert security consulting, integration, support and education services.
  • Akibia Wins Secure Computing Northeast United States Partner of the Year - Akibia was recognized for its strong and knowledgeable sales, support team and engineers, whom customers rely on to deliver professional and experienced security solutions.
  • Akibia Named Citrix Gold Solution Advisor – In only its second year as a Citrix Solution Advisor, Akibia was recognized for exceptional growth as a Silver Solution Advisor, and quickly achieved Gold status.

In addition, Akibia was named to a number of important industry lists, including the VARBusiness 500 and the Information Security Magazine list of Security Integrators.

“Akibia is excited about its successes in Fiscal Year 2008 and throughout the past 20 years,” said Tucker. “Our ability to listen to the needs of our customers and react quickly with the services and support solutions they require results in a strong partnership between us and our customers and a great foundation for consistent and long-term success for both. ”

About Akibia, Inc.

Akibia provides innovative IT solutions that enable leading companies worldwide to optimize, secure, manage and support their mission-critical infrastructure. As an independent advisor, Akibia partners with its customers to deliver solutions that improve the availability and performance of their data center and security infrastructure. Combining expert consulting, integration and support services with world-class customer service, Akibia helps IT organizations maximize the value of their existing infrastructure, while mitigating risk and reducing complexity. Founded as Polaris Service in 1988 and headquartered in Massachusetts, Akibia is an independent services company with offices throughout the United States and Europe.

Akibia is a registered trademark of Akibia, Inc. All other product and company names mentioned are the property of their respective owners and are mentioned for identification purposes only.