LabTech Software Achieves Continued Record-Setting Success Through Organic, Debt-Free Business Growth

TAMPA, Fla., Oct. 21, 2011 /PRNewswire/ -- LabTech Software, the only powerful, robust-featured remote monitoring and management (RMM) solution developed by a Managed Service Provider(MSP) for Managed Service Providers, today announced that it continues to see record-breaking sales and revenue growth by providing solutions that help IT businesses improve efficiencies, increase productivity and grow overall profit.

(Logo:  http://photos.prnewswire.com/prnh/20101103/LA94420LOGO)

LabTech Software achieved an monthly recurring revenue growth from Q3 2010 to Q3 2011 of 477 percent by continually developing its cutting-edge, innovative agent technology that helps IT service providers support a wide range of clients -- from small businesses to large corporations.  Working together with key business and technology partners, like ConnectWise Capital companies, helps drive further integration for increased automation and efficiencies with third-party products to ensure its partners have the tools and resources necessary to succeed.  These synergies across the ConnectWise Capital portfolio, all organizations who share similar philosophies of driving business growth in a debt-free manner, have propelled LabTech Software's success and ensured its financial solvency.

"LabTech Software's continued success is proof that a well-run organization with superior technology does not need debt or venture capital to achieve explosive growth.  We partnered with ConnectWise because of our similar background, vision, and target audience.  We are now 18 months into the partnership and are on very strong financial footing," said Matt Nachtrab, LabTech Software CEO and Co-Founder.  "Recently, we have seen some troubling events in the RMM space with the Zenith bond default and the N-Able private equity investment.  It is imperative that Solution Providers and MSPs partner with viable and financially stable RMM Software Company, like LabTech, to ensure that they are able to consistently meet demand for innovative managed solutions."

By providing remote monitoring and management solutions that are simple, scalable and affordable, IT solution providers are well positioned to provide the tools needed by organizations to ensure their IT operations are always up and running at the lowest possible cost.  Partnering with a financially stable solution provider like LabTech Software ensures those in the channel will continue to take advantage of every business opportunity that comes their way.

The recent release of LabTech 2011.2 further demonstrates the commitment of LabTech Software to provide cutting-edge, innovative solutions to help streamline and drive automation into today's IT solution providers.  The newest features and enhancements developed in LabTech 2011.2 make it the most powerful, robust remote monitoring and management solution on the market today. 

IT solution providers looking to join the LabTech Community can learn more about becoming a partner by visiting www.LabTechSoftware.com or calling 877-522-8323.

Follow LabTech Software
www.Facebook.com/LabTechSoftware
www.Twitter.com/LabTechSoftware
www.YouTube.com/user/LabTechSoftware

About LabTech Software
LabTech is the only Managed Service tool for remote monitoring, management, (RMM) and automation developed by a Managed Service Provider (MSP) for MSPs. Their affordable, agent-based solution so closely emulates what technicians do in the field that the techs can provide the same support remotely. Because LabTech understands how to manage a growing MSP business, they make it easier to procure their software and allow partners to add agents as they grow. For more information please visit www.LabTechSoftware.com or call 877-522-8323.

All product and company names herein may be trademarks of their respective owners.

SOURCE LabTech Software