(Nashville, TN) – Inflow Inc., a leading provider of managed application hosting, business continuity and outsourced IT services, announced record first quarter performance by its Nashville Internet Data Center (IDC).
“Inflow-Nashville has become a trusted partner for many of middle-Tennessee’s leading companies and institutions,” said David Klements, general manager for Inflow’s Nashville IDC. “We are proud to host and manage mission-critical systems for so many leading organizations. Our customer loyalty and expanding client base is a key component of our success.”
Financial Results:
• First quarter 2004 revenue was $901,000 - an increase of approximately 45% over revenue for the same period last year.
• First quarter 2004 earnings before interest, taxes, depreciation, and amortization ("EBITDA”) was approximately $166,000, an increase of approximately 868% over first quarter 2003. EBITDA excludes corporate overhead not allocated to individual markets.
• Customer count increased from 46 to 68 over the past 12 months.
Inflow-Nashville’s customer breakdown by industry reflects the core of Nashville’s business community, with most clients in key verticals such as healthcare, retail, financial services, manufacturing, entertainment and professional services.
Business Continuance services comprised the fastest growing line of business for Inflow-Nashville during the past 12 months. More than 50% of the IDC’s revenue growth and one-third of its customer growth came from clients opting for business continuity solutions. Additionally, iServerCare was introduced in the Nashville market on April 1, 2004. iServerCare automates the entire product lifecycle of customers’ mission-critical servers and applications.
Operating Results:
• Inflow and Inflow-Nashville also achieved ISO 9001:2000 certification, an accomplishment attained by less than 1% of companies worldwide. Inflow’s quality management system (QMS), Corporate facility and all 13 IDC facilities were certified under this initiative.
• Since opening in October of 2000, Inflow-Nashville has also delivered 100% availability in Internet access and power & cooling services.
About Inflow Nashville:
Inflow’s state-of-the-art Data Center is located at 211 Commerce Street, Suite 700, in Nashville TN. The facility includes a local Network Operations Center, 24x7 on-site technical staff and fully redundant power and environmental systems. Inflow-Nashville opened in October of 2000 and since April 2002, David Klements, a graduate of University of Wisconsin-Madison, has served as the general manager. Inflow-Nashville’s clients include: BMI, Healthstream, N.F.I.B and Investment Scorecard.
About Inflow:
Inflow provides facilities-based IT solutions to companies with critical business and network applications. Founded in 1997, Inflow opened its first Internet Data Center (IDC) in June 1998 and currently serves more than 925 customers from its IDCs in 12 markets throughout the U.S. The Company offers customers a cost-effective, outsourced hosting solution that is secure, redundant and fully managed. Core services include colocation, network management, managed security services, application management, data protection and InflowNetTM – a proprietary Internet access service that guarantees 100% availability. Additional services include business continuity, content distribution, load balancing and professional services.
For additional information and IDC locations, please visit www.inflow.com; call 877-321-2464. For more information on Inflow-Nashville, please call David Klements at 615.565.1005.
