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News
Visix Shatters Financial and Growth Performance Targets
January 24, 2008
ATLANTA, GA —
Visix,
Inc. announced today that the company exceeded all of its 2007
financial and growth objectives. The company is in the third of a
seven-year business plan to grow revenues by nearly 100% over the course
of the plan. In
addition to 134% revenue growth over the past three years,
the company’s performance indicators measuring EBIT, CAGR, new clients,
annuity renewals, deployments, and training sessions all surpassed
expectations.
“We are
privately held and have no obligation to disclose our financial
performance, but I believe it is important for the reseller channels and
investment markets to see, first hand, that the digital signage and
visual communications markets are growing exponentially,” stated Sean M.
Matthews, President, Visix, Inc. “We finished 2007 with 11% EBIT, 31%
CAGR, unit shipments were up by 80%, training sessions up by 160% and
system deployments increased by 200%,” furthered Matthews.
Additionally, Visix was recognized in the Inc. 5000 and the 2007
Southeast 500. More than 30% of the 2007 U.S. News and World Report’s
Top Colleges and 15% of the Fortune 100 are using the company’s flagship
software product, AxisTV. To support the growing demand for its
products, Visix, Inc. increased staff by nearly 50%, constructed its own
network operations center (NOC) and moved PC imaging and fulfillment to
an ISO certified partner.
Visix,
Inc. designs, develops and supports a suite of software applications
that allow users to create, import and manage their visual
communications from anywhere and to deliver those messages to virtually
any endpoint.
The company
offers digital signage software, room and event scheduling solutions,
and applications for targeted messaging to desktops and portable
devices. Each of these products works independently or can be integrated
into scaleable deployments from a single display to large networks. This
comprehensive approach to on-time communications – from concept to
delivery – provides systems including software, hardware and
distribution accessories, as well as
multi-tier service and support options to manage and maintain dynamic
visual communications.
Contact
Visix at 800.572.4935 or salesteam@visix.com. Parties interested in
additional information about Visix, AxisTV, MeetingMinder™, and
MessageBlox™ visual communications products should visit the Visix web
site at www.visix.com.
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