Akibia Completes 18th Consecutive Year of Profitability and Growth

Posted by grouch on Jun 29, 2006 11:40 AM EDT
PR Newswire; By Press release
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Caps Successful Year with Customer Growth and Industry Recognition

WESTBOROUGH, Mass., June 28 /PRNewswire/ -- Akibia, a leading independent IT services provider, announced its 18th consecutive year of profitability and growth. The company achieved almost 15 percent growth year over year and nearly 40 percent over a five-year period. Akibia's fiscal year 2006, which closed on March 31, 2006 featured more than 120 new customer engagements across Akibia's data center and network and security operations.

As Akibia's customers move to increasingly more complex and heterogeneous infrastructure environments they seek to consolidate data center support under a single point of contact. Customers are also being driven by the need to manage their IT risk, minimize security exposure and vulnerabilities, and ensure regulatory compliance.

"As a trusted partner and advisor to our clients, Akibia is committed to providing innovative data center and security solutions that leverage our technical expertise, industry best practices and leading technologies to solve critical issues IT organizations face today," said Tom Willson, CEO of Akibia. "The success our company has experienced year over year is a testament to our understanding of our customers' needs, and our ability to combine expert consulting, integration and support services with superior customer service."

New Solutions Address Critical Business Issues

Akibia's solutions enable IT organizations to optimize the availability, reliability, performance and security of their mission-critical infrastructure. In the past year Akibia has introduced additional services designed to address emerging market demands.

* Expanded vulnerability assessment services -- Akibia introduced several

new vulnerability assessment services designed to help companies

identify and manage risk related to regulatory compliance, wireless

security and product security. * Enhanced HP support services -- As more data centers demand

high-availability, mission-critical maintenance and support services,

Akibia expanded its support capabilities to include Hewlett Packard's

Dual-Core PA-RISC and Integrity product lines, including the Superdome. * PCI assessment services -- Akibia announced it is a Qualified Data

Security Company, certified by VISA and the credit card industry to

provide on-site audits and assessments for organizations that process

credit card transactions and must prove Payment Card Industry

compliance. * Virtualization services -- With in-depth knowledge and expertise of both

proprietary and open source virtualization technologies, including

VMware, Xen, Virtual Iron and Microsoft Virtual Server, Akibia

objectively analyzes and assesses the existing IT environment and then

deploys the optimal virtualization solution to meet the customer's

strategic goals. New Partnerships Expand Akibia's Solution Set

As a consultant and independent advisor to its clients, Akibia provides counsel and feedback on emerging data center and security technologies. Within the security space, the company formed new partnerships with several technology vendors that provide integral solutions for protecting and managing a company's infrastructure. Akibia's new partners address critical issues related to intrusion detection and security management and monitoring. The partners include Air Defense, Aruba Networks, Big Fix, Counterpane Internet Security and Tipping Point.

Akibia also recently announced it is a Red Hat Advanced Business Partner. Akibia now offers Red Hat license and support services in addition to Akibia's own implementation, migration and virtualization services. Akibia's Red Hat Certified Engineers have years of experience and best practices implementing UNIX, Linux and specifically Red Hat, in Fortune 1000 data centers in the United States and Europe.

Company Recognized with Industry Accolades

Industry insiders and publications also recognized Akibia's performance over the past year. The company was named to the Boston Business Journal List of Largest Private Companies, as well as to the VAR Business 500. In addition, Novell recognized Akibia as the 2005 Linux Partner of the Year for North America.

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.

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