FARMINGTON HILLS, MI (March 7, 2005) – Netarx, Inc., a leading provider of Cisco IP Communications hardware, comprehensive IP voice and data support services and EMC storage networks, reports nearly 25% growth in staff year to date.
Since moving into the newly reconstructed 11,000 square foot Headquarters in Farmington Hills on January 3rd, Netarx has been increasing head count in all operational units; sales, technical and business operations. Continued growth is due to demand for network technology, success in existing and new vertical markets as well as geographic expansion.
Even corporations with pragmatist and laggard dispositions have begun to execute on the strategy that IP ‘is’ the going forward transport protocol for voice networks, it is no longer a question of ‘if’ but truly one of ‘when.’ Growing demand for these converged IP voice & data networks as well as the essential managed network support services, network security and storage networks have fueled Netarx growth.
Netarx experienced greater than 80% revenue growth in 2004 largely due to success in manufacturing, professional services and higher education. Growth is anticipated to sustain in these industries while growth is forecasted in financial services, K-12, city/local government and healthcare in 2005.
Lastly, the expansion of sales borders into new markets is expected to generate growth. The first of Netarx new permanent footprints is in the Tri-Cities markets of Midland, Bay City, and Saginaw. Sales and technical professionals are ramped up and new companies are actively joining the list of satisfied customers.
About Netarx
Netarx, Inc is a leading provider of IP Communications hardware and proactive Remote Network Operations (RNO) services. Headquartered in southeast Michigan, Netarx provides IP telephony and converged network solutions to companies throughout North America. Netarx patented Network Monitoring System (NMS) technology enables businesses to monitor and manage their complex networks efficiently and cost effectively. Visit us at www.netarx.com.
