The Planet Reports Record Third Quarter
HOUSTON (Business Wire EON/PRWEB ) October 28, 2008 --
The Planet, the global leader in IT
hosting, today discussed its results for the quarter ended Sept. 30,
2008. The Planet provides quarterly updates to its customers, business
partners and prospects with information relative to new initiatives and
its progress.
“We had another successful quarter of
year-over-year growth rates, which are roughly twice that of the dedicated
hosting industry, despite a difficult economic environment around
the world,” said Chairman and Chief Executive
Officer Douglas J. Erwin. “This was a quarter
that set a new strategic course for our business, with our entry into managed
hosting under the Planet Northstar brand. Coupled with our new
Planet Alpha dedicated hosting moniker and an enhanced a la carte
services portfolio, we now offer customers the broadest range of
technical infrastructure solutions and service options in the business.
“We continue to reap the benefits of previous
investments in both our call center and our data center operations,”
Erwin continued. “Customer satisfaction is at
an all-time high, and we continue our relentless focus on making The
Planet the best choice for SMBs looking for enterprise-class IT
infrastructure management.”
“The Planet again produced a record quarter,
with our highest year-over-year revenue growth,”
said Chief Financial Officer Kevin Klausmeyer. “Cash
flows remain healthy, and our balance sheet remains strong. We are also
pleased about having achieved new levels of efficiency in utilizing our
assets.”
Third Quarter Highlights
Strong Customer Activity: In the third quarter, the
company added 1,600 customers, bringing the total to more than 25,000.
The greatest growth during the quarter came from the company’s
current customers, who continued to upgrade and expand their server
portfolios. In addition, the company hosts more than 13.3 million Web
sites.
Planet
Northstar Managed Hosting: Under a new brand,
the company announced its entry into the managed
hosting business using its rigorous and proactive Anticipation
Advantage planning methodology. Small- and medium-sized businesses
gain access to enterprise-class IT managed
hosting services – starting with as few
as two servers – backed by a dedicated team
of seasoned IT professionals who are personally accountable for their
success.
Planet
Alpha Dedicated Hosting: The company rebranded
its core dedicated
hosting business under the Planet Alpha moniker. Customers have the
power to choose from a broad range of products –
from single
servers to complex infrastructure solutions –
based on the precise fit for their businesses.
Planet Alpha Advanced Services: Based on its May 2008
acquisition of TouchSupport, the company added new advanced services to
its dedicated servers hosting portfolio, including monitoring, security
and server administration. The new Alpha
Advanced Services supplement the administration and maintenance of
customers’ self-managed
dedicated servers to create the optimal management plan for their
business. With these new choices, customers can lower their operational
costs, and add to or improve the security and availability of their
hosted environment.
Yankee Group White Paper: The company issued a new white
paper from Yankee Group that details managed hosting services as a
tangible consideration for organizations looking to reduce IT costs.
Titled “Leveraging Capex-Free Managed Hosting,”
it provides an insightful examination into the formidable IT barriers
faced by SMBs in today’s competitive business
environment. It also emphasizes the choice of managed hosting services
as a strategic and effective alternative that offers enterprise-class
capabilities previously not affordable for most companies.
New Web Site: The company introduced a new Web site
designed for easy navigation and transparency that demonstrates its rich
breadth of products and services. Customers are easily able to move
between the corporate, Planet Alpha Dedicated Hosting and Planet
Northstar Managed Hosting sites to identify the best services for their
business.
Customer Videos: Demonstrating the success of its new
managed hosting services, four companies were featured in videos (http://www.theplanet.com/videos)
underscoring their decision to choose the company’s
managed hosting solutions: Houston-based NutshellMail.com (www.nutshellmail.com);
Canada’s Computan (www.computan.com),
Brazil’s Atitude Digital Media (www.atitude.com.br)
and The Sant Corporation (www.santcorp.com)
located in Cincinnati. Also featured this quarter is Planet Alpha
customer Stone Bond Technologies (www.stonebond.com).
Lights-Out Green Initiative: In a company-wide program,
The Planet will reduce its yearly energy consumption through more
efficient use of lighting, which is expected to deliver an annual
savings of almost $140,000.
About The Planet
The Planet is the leading provider of On Demand IT Infrastructure
solutions, hosting more than 25,000 small- and medium-size businesses
and 13.3 million Web sites worldwide. The Planet Alpha division provides
the widest array of self-managed dedicated
servers and advanced services backed by 24x7x365 support. The Planet
Northstar Managed Hosting division combines a proactive methodology and
seasoned IT experts to deliver a fully managed
hosting solution. With the best choice of servers, software tools
and world-class support, backed by state-of-the-art facilities and an
enterprise-class network, The Planet turns IT into a powerful
competitive advantage that enables customers to grow their businesses.
For additional information, visit www.theplanet.com.
See the original story at: http://eon.businesswire.com/releases/managed_hosting/planet_alpha/prweb1537604.htm
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