Privately-held Nexus IS, Inc. Surpasses $1 Billion in Revenues
VALENCIA, Calif., June 6, 2011 /PRNewswire/ -- Nexus IS, Inc. ("Nexus") announced today that it has surpassed $1 billion in revenues while maintaining an unblemished record of monthly profitability in its over-7-year operating history.
"Nexus has invested aggressively in its associates, customers and key technology partners, allowing it to achieve exceptional growth through some of the most challenging business environments our industry has ever seen," said Deron Pearson, Nexus President and CEO. "Our five-year growth rate has never dropped below 20%, and we expect to achieve our next $1 billion in revenues in less than half the time required to achieve the first. Our profitable growth model continues to support substantial business reinvestment; creating greater value for our customers, enhanced relevancy to our key technology partners, and expanded professional opportunities for our valued associates. Our success has come organically from the committed work of our dedicated team associates, without the need for business acquisitions, and it is this team that drives our bullishness on the future for Nexus."
Pearson continued, "Nexus is 100% owned by its executive management team. The core of this team ran privately-owned Nexus Integrations Solutions Inc. from 1983 until 1998, at which time they were acquired by a national solutions provider to run its West Region Operations consisting of nine related business acquisitions. In January 2004, this management team launched Nexus to re-establish their highly successful entrepreneurial business model. With management's initial $1 million equity investment, healthy operating cash flows and available business credit, Nexus has added over 400 high-paying jobs, opened eleven offices across the country, deployed complex customer solutions around the globe, and expanded its impressive history of customer and technology partner accolades and awards. Nexus is on track to achieve 2011 revenues of $245 - $250 million, up from $205 million in 2010."
About Nexus IS, Inc.
Based in Valencia, CA, Nexus IS, Inc. leverages its extensive experience and expertise to enable organizations to Connect, Collaborate, and Create. We do this by providing expertise in end-to-end technology solutions based on five distinct, yet complementary practices: Collaboration, Data Center, Borderless Networks, Business Video, and Managed Services. Nexus partners with industry leaders including Cisco, EMC, VMware, NetApp, Citrix, Microsoft, and NEC to ensure its customers are provided the most comprehensive and competitive solutions. Nexus serves the private sector, from small business to the Fortune 500; and the public sector including local, state, and federal government. Additionally, Nexus has highly specialized vertical market practices including education, retail, hospitality, and healthcare where it has developed proprietary applications that turn unified communication into clinical workflow solutions. For additional information, please visit www.nexusis.com.
SOURCE Nexus IS, Inc.
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