Wednesday, February 11, 2009
Cbeyond Recognized by Forbes as the Sixth Fastest-Growing Technology Company in America
ATLANTA, Feb 11, 2009 (BUSINESS WIRE) -- Cbeyond(R), Inc. (NASDAQ: CBEY), a leading IP-based managed services
provider built from the ground up to serve small business, has been
named sixth on the Forbes Fast Tech list of the fastest-growing
technology companies in America. The list is derived by factoring in
annual revenues, sales growth and profit, among other indicators, and
can be found at: www.forbes.com/forbes/2009/0216/048b.html?partner=alerts.
"This recognition validates the strength of our business model and our
proven expertise in delivering the communications and IT services small
businesses need to increase productivity and positively impact their
bottom line," said Jim Geiger, chairman, president and CEO of Cbeyond.
"We expect continued business growth in 2009 as we increase our market
share in our existing 11 U.S. markets and launch two new markets."
Cbeyond's position on the list reflects the company's success in selling
big business communications solutions to small businesses. Cbeyond's
consultative sales approach features face-to-face meetings with small
business entrepreneurs to assist them in building comprehensive
solutions that meet their communications and IT services needs.
Cbeyond's private, 100-percent IP-based platform allows the company to
rapidly develop and deliver highly reliable, managed services to its
customers.
Offering more than 30 productivity-enhancing applications to 42,000+
small businesses, Cbeyond supports the technology needs of small
businesses across diverse industries. Cbeyond's strategic partnerships
with Cisco, Microsoft, Research In Motion and others, allow the company
to provide small businesses with innovative solutions traditionally
reserved for and deployed in large enterprises.
In addition to Cbeyond's core BeyondVoice(R) offering, an
integrated package of local and long-distance voice, broadband Internet
and mobile services, the company has seen impressive adoption of its
other communications and IT applications fundamental to small
businesses. Since its 2006 launch, Cbeyond's customers have embraced its
mobile application, BeyondMobile(R), and today more than
30 percent of them use the service. Cbeyond's web hosting and
business-class email services have adoption rates of over 35 percent.
Building on this momentum, the company recently added Cbeyond Mobile
Workforce Manager to its portfolio. The service integrates seamlessly
with Cbeyond's BeyondMobile(R) service and gives small
businesses instant access to the location of their mobile employees via
a Web-based interface. Cbeyond Mobile Workforce Manager also provides
automated payroll tools and integrates with leading back-office systems
that small businesses already use.
The Forbes Fast Tech list is based on three main criteria:
companies must have revenues of $25 million or more during the last
12-months, annualized sales gains of at least 10 percent during the
previous five years and a profit during the past 12 months. Companies
also wererequired to have an annualized Thomson IBES long-term
consensus profit-growth forecast of at least 10 percent. Companies with
significant legal problems or with possible accounting or corporate
governance issues, based on scoring data from Audit Integrity of Los
Angeles, were excluded from consideration.
For more information about Cbeyond and its portfolio of
productivity-enhancing solutions for small businesses, call
1-888-225-0984 or visit http://www.cbeyond.net/services.
About Cbeyond
Cbeyond, Inc. (NASDAQ: CBEY) is a leading IP-based managed services
provider that delivers integrated packages of communications and IT
services to more than 42,000 small businesses throughout the United
States. Cbeyond offers more than 30 productivity-enhancing applications
including local and long-distance voice, broadband Internet, mobile,
BlackBerry(R), broadband laptop access, voicemail, email, web hosting,
fax-to-email, data backup, file-sharing and virtual private networking.
Cbeyond manages these services over a private, 100-percent Voice over
Internet Protocol (VoIP) facilities-based network. For more information
on Cbeyond, visit http://www.cbeyond.net/.
CBEY-F CBEY-G
SOURCE: Cbeyond, Inc.
Cbeyond, Inc.
Michelle Gullia, 678-370-2437
michelle.gullia@cbeyond.net
Copyright Business Wire 2009
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