2014

Virtual PBX(R) Celebrates 10th Anniversary Hosted Phone System Leader Announces another Year of Record Revenue and

Profitability



    SAN JOSE, Calif., April 2 /PRNewswire/ -- Virtual PBX(TM), original
 inventor and market creator of the hosted PBX market, today announced that
 it has completed its 10th year of operation. The company also announced
 another record year for revenue, profitability, and customer acquisition.
 Sales in 2006 grew by 50 percent over 2005, the firm's fifth consecutive
 year of 50 percent or better revenue growth. The company said that
 profitability and new client signups also were at record levels.
     "It's great being the oldest, most stable, and most experienced player
 in our sector," said Paul Hammond, CEO of Virtual PBX. "Clients come to us
 looking for, and getting, the reliability and security that only come with
 years of outstanding service. We believe that our 10 years of ongoing
 development have allowed us to build the most reliable and feature-rich
 hosted PBX service available anywhere."
     Thomas Li, Co-Founder of Bravosoft, developers of the popular Bravo
 business and accounting software packages, concurs. "We've been a Virtual
 PBX client for almost nine years," he said. "I can think of no better
 testament to any company than that we continue to be an extremely happy
 client after all those years -- we've never seen the service go down. They
 make frequent improvements, staying on the leading edge, and we don't have
 to upgrade or maintain any hardware or software at our end, we just get the
 benefits."
     Virtual PBX is one of those "started in a garage" success stories,
 except this one started in a basement apartment in the Haight-Ashbury
 district of San Francisco. The company now hosts its service in a hardened
 facility that is part of the national infrastructure and has banks of
 redundant PBX systems ganged together for reliability. "What a difference
 the years have made," says founder and current CTO Steve Lange, "We had
 wires running everywhere through the apartment, and a backup generator
 outside that we had to sound-proof so the neighbors wouldn't complain. Now
 our facility has multiple massive backup generators, and optical fiber
 coming down both sides of the street. You need to pass a handprint scan
 just to get past the lobby."
     Hosted PBX Services
     Before Virtual PBX, companies installed PBX (Private Branch Exchange)
 hardware, allowing calls to be routed to multiple extensions from one or
 more incoming phone lines and provided services such as voicemail, ACD
 (Automatic Call Distribution) queuing, and transfers between extensions.
 This always involved the installation, cost, and support of complex
 hardware and wiring schemes. With the invention of the hosted PBX, Virtual
 PBX made it possible for clients to get these features as a service, with
 no capital expense, no hardware, no software, and no maintenance. Calls are
 delivered to any phone in any location, so employees can work together in a
 standard office environment, or remotely from branch offices, homes, or
 cell phones. The low entry cost, easy startup, and ability to route calls
 anywhere have made the technology very popular with small businesses and
 startups.
     "This is the perfect solution for any business," says Joseph Neeley,
 President of Maricor Financial, a premiere mortgage investment broker and
 another nine-year client of Virtual PBX. "The features rival the most
 expensive PBX systems on the market, and yet it is affordable on a small
 business budget. We absolutely love this low cost, high quality phone
 system, as well as the great features that Virtual PBX keeps bringing out.
 This is an outstanding service, and we couldn't be happier."
     About Virtual PBX
     Virtual PBX.com(R), Inc., pioneered the hosted PBX market, introducing
 the first product of this class in 1997. Virtual PBX utilizes the public
 service telephone network and the internet to provide PBX functionality as
 a hosted service. The three primary uses for Virtual PBX services are in
 small businesses that want full PBX functionality without the capital and
 support expense of installed equipment, companies of any size that need to
 route calls to telecommuters or other employees outside of a main office,
 and enterprises looking for phone system disaster recovery solutions.
 Additional information about VirtualPBX.com, Inc., can be found at
 www.virtualpbx.com.
     Virtual PBX and VirtualPBX.com are trademarks of VirtualPBX.com, Inc.
 
     Media Contact:
     Tim Shisler/Corey Oiesen
     Dovetail Public Relations
     (408) 395-3600
     tim@dovetailpr.com / coreyo@dovetailpr.com
 
 

SOURCE Virtual PBX

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