Published: October 24, 2011
Azaleos Named 28th Fastest Growing North American Company in Deloitte's 2011 Technology Fast 500
SEATTLE - (BUSINESS WIRE) - Azaleos
Corporation, the global managed messaging, collaboration and unified
communications services company, today announced that it ranked 28th
on Deloitte's Technology Fast 500 , ranking of the 500 fastest growing
technology, media, telecommunications, life sciences and clean
technology companies in North America. Azaleos grew 5,970 percent,
ranked 10th overall in its primary industry (software) and
has achieved multiple consecutive quarters of profitability during this
period. The company's stellar financial results are being fueled by the
growing preference among organizations to delegate management and
maintenance responsibility for their infrastructure including messaging,
collaboration and unified communications systems to third party experts.
"Azaleos' financial performance and high growth rate is the direct
result of our ability to keep email and unified communications systems
up and running smoothly for companies, in many cases more effectively
and more cheaply than they can do it themselves," said Phil Van Etten,
CEO of Azaleos. "Because we provide a private cloud managed service,
Azaleos is especially attractive to companies that find public cloud
alternatives inadequate to meet their security, compliance, and
reliability requirements. The fact that we manage collaboration
platforms for some of the largest companies in the world and have a
retention rate that exceeds 95 percent is a clear indicator that
customers recognize the value we provide."
Azaleos Business Highlights
In addition to its stellar ranking in the Deloitte Technology Fast 500,
Azaleos has achieved the following business milestones on its rapid
growth trajectory:
-
Sales: Grew by more than 100 percent in 2010, and on pace to do
the same in 2011
-
Profitability: Profitable and cash flow positive for multiple
consecutive quarters
-
Verticals: Continue to succeed in key markets including
financial services, healthcare, manufacturing and energy. Azaleos
recently signed two large energy companies each with approximately
40,000 seats
-
Seats: More than half a million seats under management across
Fortune 500, federal government, and medium business customers
-
Retention: 96 percent of customers renew their annual Azaleos
managed service subscriptions
-
Channel: In addition to existing reseller agreements with IBM
and Verizon Business, Azaleos signed strategic partnerships with
national IT service providers CDW and Savvis (a CenturyLink company)
who will resell Azaleos managed services under their brand
-
Managed Services: Introduced Azaleos Managed Hybrid Service
which allows organizations to maintain centralized control over a
federated blend of private cloud/on-premise and Microsoft Office 365
systems
"We are pleased to honor Azaleos as a 2011 Technology Fast 500 company,"
said Mark Jensen, managing partner, technology and venture capital
services, Deloitte & Touche LLP. "As one of the fastest growing tech
companies in North America, Azaleos has demonstrated excellence in
technological innovation, entrepreneurship and rapid growth."
About Deloitte's 2011 Technology Fast 500
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a
subsidiary of Deloitte LLP, provides a ranking of the fastest growing
technology, media, telecommunications, life sciences and clean
technology companies - both public and private - in North America.
Technology Fast 500 award winners are selected based on percentage
fiscal year revenue growth from 2006 to 2010. In order to be eligible
for Technology Fast 500 recognition, companies must own proprietary
intellectual property or technology that is sold to customers in
products that contribute to a majority of the company's operating
revenues.
Companies must have base-year operating revenues of at least $50,000 USD
or CD, and current-year operating revenues of at least $5 million USD or
CD. Additionally, companies must be in business for a minimum of five
years, and be headquartered within North America.
About Azaleos
Azaleos Corporation provides managed email,
collaboration
and unified communications services available in private cloud,
on-premise or mixed deployment architectures. Azaleos' 24x7 managed
services for Microsoft
Exchange, SharePoint,
Active
Directory, Lync,
and BlackBerry
Enterprise Server improve availability, security and performance,
while reducing maintenance time and costs. The patented AzaleosX
technology platform enables customers to maintain control over servers
and data including their location, while uptime, maintenance, and
support is proactively handled by certified experts in Azaleos network
operations centers. Hundreds of companies from Fortune 500 to mid-market
enterprises rely on Azaleos to manage their collaboration
infrastructures and address issues before users ever know they exist. A
member of the National Systems Integrator program (NSI), Azaleos is one
of Microsoft's top 34 partners in the U.S. For more information, visit www.azaleos.com.

Marc Gendron PR
Marc Gendron, 781-237-0341
marc@mgpr.net
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