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Inflow-San Diego Reports Exceptional EBITDA Performance More Than Triples 12-Month Average in July |
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SAN DIEGO--(BUSINESS WIRE)--Sept. 8, 2004--Today, Inflow-San Diego, a leading provider of outsourced technology services, announced it reached record EBITDA performance for July.
The Internet Data Center (IDC) achieved $99,000 in EBITDA (earnings before interest, tax, depreciation and amortization) in July, which is more than three times the IDC's average in the last 12 months. EBITDA is a business's general metric of health for its day-to-day operations, exclusive of any capital investments made to support those operations. Inflow-San Diego's EBITDA excludes corporate overhead not allocated to individual markets.
Inflow-San Diego has also made significant strides in bookings, achieving a 236% increase in new revenue bookings in Q204 as compared to Q104.
"We have taken an aggressive approach to expansion and are thrilled to be realizing rapid growth throughout the state of California," said Tony Medrano, general manager for Inflow-San Diego. "Our performance is directly correlated to our superior service delivery and successful business model. We look forward to even greater achievements in the future."
Inflow-San Diego currently has 62 customers, and is on the path to achieve $3.5M in revenues this year.
About Inflow, Inc.
Inflow, Inc. was founded in 1997 and is headquartered in Denver, Colorado. Inflow is an ISO 9001:2000 certified provider currently serving more than 950 customers from its network of 13 data centers across the United States. Leveraging its expertise in application, network and datacenter management, the company is able to deliver the
most reliable, secure, scalable and cost-effective outsourcing solutions available. Core services are offered within Inflow's three primary lines of business: Application & Infrastructure Management, Business Continuance / Disaster Recovery, and IT Professional Services. Inflow's solutions help customers increase revenues, decrease costs and enhance productivity.
For additional information and IDC locations, please visit www.inflow.com or call 877-321-2464. For more information on Inflow-San Diego, please contact Tony Medrano at 858-812-5330 or
tmedrano@inflow.com.
# # #
CONTACT: Inflow, Inc.
Corporate Contact:
Jill Farrand, 720-932-5813
jfarrand@inflow.com
Local Contact:
Tony Medrano, 858-812-5300
tmedrano@inflow.com |
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