Atlanta, GA – January 24, 2008 — 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 email@example.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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