
Virtual Graffiti Reports 28 Percent Revenue Surge in Past Year
Fast Growing IT Solutions Provider Revenue Hits $30 Million; Global Client Base Tops 60,000
IRVINE, Calif., Jan. 18, 2012 /PRNewswire/ -- Virtual Graffiti, Inc., one of the top IT solutions providers in North America specializing in business, government and education, announced today a record year with its 2011 revenue hitting $30 million, a year-over-year increase of 28 percent, marking the company's 10th consecutive year of rapid growth. Virtual Graffiti also announced that their global client base has topped 60,000.
Accelerated customer demand for IT solutions and network security products has been the company's key growth driver. In 2011, Virtual Graffiti added 17,000 new clients and 30 new product lines to their portfolio. Cross-industry client expansion has spiked with strong demand from government and education organizations, Fortune 500 companies and small businesses. Key new clients include Accenture, Mercedes Benz, Kraft Foods, National Geographic, Walgreens, Oklahoma University, National Institutes of Health, and St. Jude Children's Research Hospital.
"Our growth is a result of the company evolving into a new breed of IT solutions providers," said Hillel Sackstein, president and chief executive officer, Virtual Graffiti. "Virtual Graffiti's unique business model combines the benefits of a traditional reseller and a large direct marketer through the thousands of well-curated products that we conveniently catalog on our website. However, we take the traditional approach one step further by adding customer-centric services that set us apart amid a highly competitive, growing industry."
Virtual Graffiti attributes its industry growth to two key concerns affecting various organizations: data security and surging marketplace need to run more efficient, cost-effective businesses. Security breaches, such as the recent Zappos.com hacking, continue to prompt widespread customer demand for anti-virus, anti-malware and data loss prevention products. Out of a portfolio of nearly 1,000 network security products, Virtual Graffiti saw a 32 percent uptick in sales for this category in the past year.
In addition to the company's over 100 hardware and software product lines, Virtual Graffiti offers customers complimentary consultation with certified staff and extensive educational tools on the products. Instead of customers having to spend hours searching the web or a manufacturer's website for information on a particular IT product, Virtual Graffiti creates an easy-to-navigate micro-website for each of their product lines. These websites received over 1.8 unique million visitors in 2011.
Virtual Graffiti has been recognized as one of the fastest growing companies by Inc. Magazine, CRN Magazine and Orange County Business Journal, one of Southern California's top business publications. The company has also won key reseller awards for major technology companies including WatchGuard, Barracuda Networks, ZixCorp, Cisco/Ironport and SonicWALL.
About Virtual Graffiti
Virtual Graffiti is a leading IT solutions provider specializing in business, government and education. Recognized as one of the fastest growing IT solution providers in the nation by Inc. Magazine and CRN Magazine, Virtual Graffiti has more than 60,000 customers worldwide and has sustained an annual growth rate of approximately 30 percent over the past ten years. The company's highly trained and award-winning product teams help customers make smart IT buying decisions while lowering IT budget costs and improving efficiency. For more information, please visit www.virtualgraffiti.com.
SOURCE Virtual Graffiti, Inc.
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