02/02/2012 - ShoreTel tops analysts estimates in 2Q, ups revenue 22%
ShoreTel generated record revenues in its second quarter for fiscal 2012, and surprised analysts by reporting earnings that beat analyst estimates by 400 percent.
The IP telephony company also announced it had acquired M5 Networks, a hosted VoIP and UC provider for $160 million (see ShoreTel acquires M5 Networks for $160M as it looks to develop cloud business).
Sunnyvale, Calif.-based ShoreTel said revenue grew 22 percent year-over-year to $58 million, and up 8 percent from the previous quarter. Non-GAAP net income was $1.4 million or 3 cents per share, compared with a non-GAAP net loss of $1 million, or 2 cents per share a year ago. Analysts had expected ShoreTel to report a 1 cent loss for the quarter; the second quarter is typically a seasonally strong one for the company.
During the company's earnings call, chief executive Peter Blackmore said the U.S. Enterprise IP telephony market as well as the U.S. pure IP telephony market grew in the September 2011 quarter after three quarters of modest declines. Synergy Research, he said, estimated the U.S. Enterprise IP telephony market was up 9 percent in the quarter and worldwide Enterprise IP telephony also grew approximately 8 percent.
"ShoreTel's market share within both worldwide and the United States have grown significantly year-over-year," Blackmore said. "We expect to build these market share gains and continue to close the gap between our current number three position and the number two player in the U.S."
ShoreTel said highlights for the quarter included an expansion of its channel. The company added some 60 new partners globally, 38 via its relationship with ScanSource. Blackmore pointed to the addition of Howard Industries, which has revenues in excess of $1 billion and is the largest employer in Mississippi; it selected ShoreTel as its exclusive UC provider.
"We also added a record of nearly 1300 new customers in the quarter, a sequential increase of 24 percent over quarter one," he said, singling out First Republic Bank, which will also use ShoreTel's UC solution including ShoreTel Mobility for 3,000 employees at 65 sites.
ShoreTel forecast revenue of $53 million to $57 million in the current quarter.
For more:
- see this release
- see this SeekingAlpha transcript
Special Report: Enterprise Communications earnings in the fourth quarter 2011
Related articles:
ShoreTel buys M5 Networks for $160M
ShoreTel, Ruckus team on mobile UC 'starter kit' for SMBs
ShoreTel Mobility helps HP customers take UC on the road
M5 Networks debuts new iteration of Connect for Salesforce.com
M5's cloud-based analytics helps businesses measure call-answer rates
30/01/2012 - Soft telecom outlook cuts Juniper Q1 guidance as Q4 profit nosedives
Juniper Networks (NYSE: JNPR) blamed tight service provider budgets for causing fourth quarter earnings to drop by nearly 50 percent and said the first quarter would likely be worse.
The company continues to lose customers to a resurgent Cisco (Nasdaq:CSCO), which is scheduled to release results Feb. 8, and has seen the value of its stock erode some 45 percent in the past year, including a 3 percent drop Friday following its earnings report.
And, those conditions don't look like they're ripe for change. A new report from Ovum today said that telecoms are likely to aggressively control capex and opex expenditures for the next several years as global economic turbulence continues to make for uncertain times. The research firm said 2011 was a bounce-back year for much of the industry, but forecast growth to slow by half through 2017. Juniper gets about 6 percent of its revenue from AT&T (NYSE: T).
Juniper's guidance for the first quarter was less than enthralling, with the company, which now has about 18 percent of the router and switching market compared to Cisco's 50 percent, saying it expects first quarter profit of between 11 and 14 cents a share, and sales of $960 million to $990 million. Analysts expected profits of 27 cents on sales of $1.1 billion.
Juniper reported net income of $96.2 million, or 18 cents a share, for the fourth quarter, about half of its year-ago results when it earned $190.2 million, or 35 cents a share. Sales fell to $1.12 billion. Analysts expected profits of 27 cents per share and sales of $1.12 billion.
Juniper, meanwhile, contends that several new products scheduled for release this year will help it grow its share of the market. Last week, it announced it had signed a definitive agreement to acquire rights to the service management layer of BitGravity's CDN technology.
For more:
- see this release
- see this Bloomberg report
Related articles:
Juniper buys BitGravity's service management tech from Tata
Cisco takes back share from HP in Ethernet switching market
Cisco takes back IP edge router market share lead in Q3
Juniper offers new portfolio to leverage BYOD trend
Juniper Q4 outlook uncertain
26/01/2012 - LiveSize sales up 6% in otherwise dismal Logitech 3Q; firm again lowers 2012 guidance
Citing weak demand and an eroding Euro, Logitech (Nasdaq: LOGI) today lowered its full-year outlook, saying it would likely earn $60 million on revenue of $2.3 billion for the fiscal year ending March 31.
Reporting financials for the quartet that ended Dec. 31, Logitech said profits were down 15 percent to $55 million in the quarter on sales that eroded 5 percent to $715 million. Analysts had expected the company to report earnings of $61.2 million on sales of $749 million.
One of the lone bright spots for the company was in its videoconferencing business. The company said revenue at LifeSize Communication was up 6 percent for the quarter. Logitech bought LifeSize in 2009 and has steadily been improving its position in the market, rolling out apps for Apple (Nasdaq: AAPL)'s iPhone and iPad as it looked to expand its mobile footprint.
But the surge in tablet sales in the fourth quarter hit Logitech hard, cutting into its traditionally strong market for mice and webcams.
"The euro has weakened considerably during the last three months," said chairman and interim chief executive Guerrino DeLuca. "In addition, webcams and remotes continue to be impacted more than expected by product portfolio and market weakness."
The downward revision for the year was the third for the company in recent months, and it prompted its biggest share price tumble in nine months, about 14 percent. Most recently, Logitech in September said it expected earnings of $90 million on sales of $2.4 billion for the year.
"The biggest disappointment is the guidance revision," Michael Foeth, an analyst at Vontobel Holding AG, said in a note today. "With that we fear confidence in management is eroding further."
Last quarter, DeLuca crowed about the company's solid performance, saying: "People are happy to see we're back on track. We're showing that we can do what we said we would do, and we've somewhat re-established confidence in the company."
Logitech stock has fallen 64 percent in the past 12 months.
For more:
- see this Bloomberg article
Special Report: Enterprise Communications earnings in the fourth quarter 2011
Related articles:
Videoconferencing firm LifeSize names Buechler CEO
Logitech rolls out webcam for 1080p video calling
Logitech shares surge on Q2 earnings
Logitech announces LifeSize ClearSea video conferencing will support iOS 5, iPhone 4S
LifeSize brings its videoconferencing technology to the cloud
26/01/2012 - Polycom's Q4 leads analysts to up targets for earnings, share price
A strong fourth quarter by Polycom (Nasdaq: PLCM) has resulted in Citygroup increasing its earnings forecast for the company, and several other companies bumping the stock's target price. Citygroup upped its target to $24. FBN Securities earlier this week moved to $25, and analysts at Stifel Nicolaus raised their price target from $25 to $29.
The company this week reported a 50 percent increase in its fourth quarter profit to $49.6 million, or 28 cents a share, up from $33.1 million, or 19 cents a share, a year earlier. Analysts had expected earnings of 29 cents a share. Revenue was $407 million, up 20 percent from $340 million a year ago.
The company saw sales in the Americas, its biggest market, grow by a modest 7 percent; in Europe, Middle East, and Africa, sales were up 28 percent year-over-year; and the company saw a big bump, 42 percent, in APAC.
CEO Andrew Miller cited the company's software-based RealPresence Platform and "broad geographic growth" as drivers for the quarter.
"We experienced unprecedented demand for our secure, interoperable, unified collaboration solutions by both enterprise and service provider customers," he said. "Polycom's cloud, mobility, and software-driven infrastructure strategy is beginning to yield and we look forward to another year of solid growth in 2012."
Polycom has been gearing up for battle with its top competitor, Cisco (Nasdaq: CSCO), expanding its push into the mobile video conferencing space, campaigning for better interoperability, and hiring Cisco executives. It also bought Hewlett-Packard (NYSE: HPQ)'s videoconferencing business last year, adding more depth to its pricier telepresence offerings.
For more:
- see this release
- see this article
Special Report: Enterprise Communications earnings in the fourth quarter 2011
Related articles:
Polycom teams with Lenovo to extend RealPresence video collaboration
Polycom rolls out wholesale, carrier-ready video-as-a-service
Polycom integrates RealPresence into IBM's Sametime, Connections
Polycom takes another step to drive video-conferencing interoperability
Polycom acquires ViVu, looks to expand into broader video-conferencing market
25/01/2012 - Enterprise Communications earnings in the fourth quarter 2011
How did the IP Communications industry perform in the fourth quarter of 2011? Check here throughout the fourth-quarter earnings report season for full earnings reports from the key players in VoIP business, IP technology, Unified Communications, Voice 2.0 applications, Contact Center technology, IP service providers, enterprise and more.
Don't forget to check out sister publications for fourth quarter 2011 telecom earnings and fourth quarter 2011 IPTV earnings.
January 18
8x8 (Nasdaq:EGHT)
8x8 reported revenue of $23.3 million in the quarter , a 31 percent increase from a year ago. It also topped analyst earnings estimates with a 73 percent Y-o-Y increase to $2.6 million, or 4 cents per share.
- read this article
- read this release
- more 8x8 news
F5 (Nasdaq: FFIV)
F5 Networks announced revenue of $322.4 million, up 2.5 percent from $314.6 million in the prior quarter and 19.9 percent from the year-ago quarter. It benefited from sales of its virtual clustered Multiprocessing module, which enables customers to run multiple virtual BIG-IPs on a single Viprion.
- read this article
- read this release
- more F5 news
January 23
Polycom (Nasdaq: PLCM)
Fourth quarter 2011 consolidated net revenues were a record $407 million, up from $340 million for the fourth quarter of 2010. GAAP net income for the fourth quarter of 2011 was $50 million, or 28 cents per diluted share, compared to $33 million, or 19 cents per diluted share, for the same period last year. Polycom's RealPresence Platform generated revenue growth of 45 percent year-over-year.The company expanded Microsoft Lync integration with its new Polycom CX7000 unified group video collaboration system.
- read this earnings transcript
- read this release
- more Polycom news
January 26
Logitech (Nasdaq: LOGI)
- more Logitech news
February 2
Acme Packet (Nasdaq: AKPT)
- more Acme Packet news
February 8
Cisco (Nasdaq: CSCO)
- more Cisco news
Radvision (Nasdaq: RVSN)
- more Radvision news
February 13
Vonage (NYSE: VG)
- more Vonage news
March 1
Mitel (Nasdaq: MITL)
- more Mitel news
10/12/2011 - IPv6Friday.org :: Trying to inspire people to learn more about IPv6
03/11/2011 - Vonage triples income in Q3, subscriber numbers decay slightly
VoIP operator Vonage (NYSE: VG) reported third quarter income tripled to $24 million, or 11 cents per share, on sales of $217 million, up $3 million from a year ago.
But an increase in churn, from 2.4 percent to 2.7 percent year-over-year, threw up some red flags. The company said it added 170,000 gross lines, up from 163,000 a year earlier, but saw gross line losses almost double from a year ago to 9,000.
The company ended the quarter with 2.39 million subscriber lines, down from 2.40 million in the third quarter last year.
In an earnings call, CEO Marc Lefar said Vonage "took another step forward in transforming our business beyond traditional home phone service."
Vonage added two mobile products during the quarter that Lefar said were "striking a chord with consumers." Some 400,000 customers have either registered their mobile phone as an extension to their Vonage World plan or downloaded its "time to call" app since they launched.
Lefar said net income was in large part driven by Vonage's two debt refinancings that dropped interest rates from a high of 20 percent a year ago to less than 4 percent, resulting in a savings of $22 million year-to-date, and an anticipated $30 million by year end.
Vonage also capitalized on a 9 percent reduction in subscriber line acquisition costs from a quarter ago to $300 and on expanded distribution. The company has doubled its distribution outlets with the recent addition of Best Buy, Kmart and Sears.
For more:
- see this release
- see this earnings call transcript from Seeking Apha
Earnings summary: Wireline in the third quarter 2011
Related articles:
Vonage's 'Extensions' plan sees strong uptake from iPhone, Android users
Vonage Holdings beats analysts with Q2 earnings record
27/10/2011 - Logitech shares surge on Q3 earnings
Logitech (Nasdaq: LOGI), which last month lowered its guidance for the third quarter, today announced results in line with its forecast and was rewarded by investors who drove share prices up 16 percent by midday.
The company has been positioning itself for a move into the enterprise and SMB videoconferencing market with its acquisition and integration of Italian company Mirial into its LifeSize product. Logitech earned $17 million, or 10 cents a share, on revenue of $589 million, down from earnings of $41 million, or 23 cents a share, on $582 million in sales a year ago.
It said it anticipates full fiscal year sales of $2.4 billion, which would be marginally higher than slightly above the $2.38 billion analyst forecasts.
The news drove share its midday price up more than 16 percent to $10.41 in New York.
"People are happy to see we're back on track," interim Chief Executive Officer Guerrino De Luca told Bloomberg. "We're showing that we can do what we said we would do and we've somewhat re-established confidence in the company."
Operating income fell to $23 million from $51 million a year earlier; Wall Street had expected it to come in at $20.4 million. Net income fell 59 percent to $17 million, while revenue rose 1 percent to $589 million. Net income had been estimated at $16.9 million on sales of $591.8 million, according to analysts surveyed by Bloomberg.
"We expect our initiatives will begin to contribute to improved performance as we move through the second half of full-year 2012," De Luca said in the statement. Second-quarter results are "consistent with our expectations and the full-year outlook."
For more:
- see this Bloomberg report
Related articles:
Logitech announces LifeSize ClearSea video conferencing will support iOS 5, iPhone 4S
LifeSize brings its videoconferencing technology to the cloud
Mirial takes ClearSea videoconferencing to the Cloud
Logitech acquires Italian video calling company Mirial
24/10/2011 - Microsoft remains vague on Skype plans, discontinuing products
Microsoft's (Nasdaq: MSFT) $8.5 billion acquisition of Skype is rolling on towards its final regulatory hoops through which it'll need to jump before being finalized, but there's still not much known about what the company plans to do with the company or how it plans to monetize the (mostly) free service.
During Microsoft's earnings call Thursday, CFO Peter Klein said Skype was in the process of being integrated across Microsoft's portfolio, "including Lync, Windows Live Messenger, Windows Phone and the Xbox platform."
"We closed the deal last week so we're real-time doing a lot of the great work on the product integration planning," he said. "Not only are there great opportunities to integrate across our product portfolio but as they were working on even before we announced the acquisition, new revenue opportunities related to advertising and premium services, so all of that's coming together as we speak. And mostly, we're incredibly excited to get to work together more fully now that the deal has closed."
Despite pressure form analysts, Klein declined to go into much more detail, aside from saying the service would become part of Microsoft's Entertainment & Devices unit and that its numbers would be folded into results next quarter.
And, asked whether Skype's acquisition would mean Microsoft would discontinue any other products, Klein said: "Clearly, it's a little premature to talk about the changes and what we're going to do with the products."
For more:
- see this GigaOm article
- see the earnings release
- see the transcript from Seeking Alpha
Related articles:
Report: Microsoft deal for Skype expected to be approved
Microsoft's deal for Skype gets challenged in Europe by Italian VoIP competitor
Skype fires up GroupMe marketing push
Skype goes after landline business
19/10/2011 - Mobile Centrex Solution from Gintel Deployed by Orange Austria for Enhanced Business
Orange Austria selected Gintel to replace a legacy solution and deploy a robust platform for future growth. A key challenge was the preservation of existing service capabilities for current customers, while providing a platform for new and innovative services for the future. The solution is now in service and migration of existing customers to the new platform has been completed.
?Gintel demonstrated that they could easily replicate our existing service and integrate with our network?, said Andreas Lenz, Head of Direct Sales at Orange Austria. ?We had to provide a seamless solution for our existing customers, so that they wouldn?t even notice the migration to a new platform?.
The solution adds many new and enhanced features to the current service, enabling Orange Austria to offer a complete Mobile PBX solution to its customers. The fixed line substitute service is now easier to use and business subscribers can now take advantage of full range of PBX features from their mobile handsets, increasing productivity and efficiency in the workplace.
The mobile landscape is extremely crowded in Austria, and enterprise and SME markets are set to become highly competitive as business users look for new services and ways to increase their productivity. Orange Austria is known for its pioneering approach to service launch and innovation, and it was essential to look beyond the current service offer.
?We want to be able to excite our customers and offer them new and innovative services,? added Lenz. ?To achieve that, we need a platform that not only meets our current requirements, but also allows us to constantly evolve our service offer, ensuring that we maintain competitive advantage in our market. Gintel and the Easy Designer allow us to achieve that?.
?We are delighted to have worked with Orange Austria on a successful service migration and deployment? said Ernst Thue from Gintel, ?The new features and capabilities will significantly enhance the offer for business subscribers. We look forward to supporting Orange Austria as they continue to evolve the service offer and prototype new features and services?.
Gintel?s flagship product, EasyVPaBX, is a comprehensive framework allowing operators to host and offer advanced virtual PaBX solutions for enterprises and SMEs. The fixed line substitute service lets each company control the behaviour of internal, outgoing and incoming calls to all employees, central switchboard and common numbers, adding functionality for both the caller and the end user in a creative way, without sacrificing each employee?s existing personal preferences.
About Gintel (www.gintel.com):
Gintel is a leading provider of value added service applications to network operators and service providers enabling them to offer innovative and highly competitive services to the highly profitable business subscriber segment.
Gintel?s pioneering approach provides operators with the solutions, vision and practical expertise to deploy class-leading value added services for business subscribers that can generate enhanced revenue and margin potential.
About Orange in Austria (Orange Tarife, Handys und Mobiles Internet - orange.at)
Orange Austria Telecommunication GmbH started on 26 October 1998 under the ONE brand as third mobile telephony operator in Austria. In 2010 the company achieved a mobile communications revenue of 548 million euro. About 800 employees take care of the needs and wishes of about 2,3 million customers daily. The distribution network in Austria comprises 95 Orange shops and approximately 1,700 distribution outlets. In the 2010 network test of Europe?s biggest telecommunications magazine Connect the Orange network holds again the second place within Austria. Orange in Austria is owned by Mid Europa Partners (65 %) and Orange (35 %). The 100% subsidiary YESSS! forms part of the Orange Austria Group. Moreover, Orange has a 25.1 % stake in the eety Telecommunications GmbH. Orange is the main brand of France Telecom, one of the leading telecommunications companies worldwide. The initiative ?Orange helps? ? Home - orange-hilft.at combines mobile communication with social responsibility and supports projects of charities in Austria. For further details on Orange in Austria, please refer to Orange Tarife, Handys und Mobiles Internet - orange.at.
Contacts:
Mazen Shiaa,
VP Sales and Marketing, Gintel
Tel: +47 452 76 156
Email: Mazen.malek.shiaa[at]gintel[dot]com
Ernst Thue,
CEO, Gintel
Tel: +47 901 00 532
Email: Ernst.thue[at]gintel[dot]com
Guy Redmill,
Marketing Director, Gintel
Tel: +44 774 088 1279
Email: Guy.redmill[at]gintel[dot]com
Distributed on behalf of Redmill Communications Ltd by NeonDrum news distribution service (NeonDrum: press release distribution specialising in online news)
20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
###
20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
###
20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
###
20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
###
20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
###
20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
###
20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
###
20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
###
20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
###
20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
###
20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
###
20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
###
20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
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20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
###
20/10/2010 - Aptela Ranked Number 197 on Deloitte?s 2010 Technology Fast 500TM
Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.
Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?
As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.
?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?
?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.
Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.
About Aptela
Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.
As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
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