CEDAR RAPIDS, IA - SecurityCoverage announced its first quarter earnings showing continued success from 2009 and a solid start to the year. The company provides fully managed security and support services to individual users through a partnership group of Internet Service Providers, telecommunications and cable companies, electronic retailers, value added resellers and financial institutions across the nation.
"We've consistently met both our revenue and product objectives and have continued that growth from 2009 into 2010. We feel like we are in a great position to continue to help our partners overcome the challenges of today's rapidly changing digital lifestyle and achieve their business goals," states Robert O'Dell, President and CEO of SecurityCoverage, Inc.
O'Dell reports for the first quarter 2010:
- Total revenue grew 17.4% sequentially and 43.7% year over year.
- The number of partners who resell and distribute SecurityCoverage products and services grew by 18% year-over-year.
- Total subscriber base increased by 31.6% year-over-year.
- The company hired 20 new employees.
The company added a second office in Westby, Wisconsin, positioning them to expand their support services. "We're proud to not only support and grow Westby's local economy, but the expansion also provides additional support to our growing Wisconsin customer base and enhances the company's disaster recovery with a redundant center for core operations,"
The new Westby office provides the following support:
- SecureIT Services - fully managed anti-virus PC protection.
- ISP Support Services - complete 24x7 customer support for voice, video, and data services.
- TotalTech Services - virtual computer support services from the comfort of a customer's home.
- Online Backup and Online Backup Server - secure online data backup and recovery to ensure customers' computer files are always safe.
- Premium Customer Portal - the ultimate online branded experience for customers that incorporates single sign-on to top Internet applications, up-to-the-minute national news, and community focused information.
