Microspace Communications experienced strong growth in 2004 in revenue, with new customers and with continued success in customer retention and other core business objectives.
A strong performance in a challenging telecommunications market last year is a good sign for Microspace’s prospects in 2005 as customer demand in their market further intensifies. New customers in 2004 included StagePost, the Christian Radio Consortium, ClubCom and DreamWorks LLC. Both Muzak and WSI Corporation renewed with Microspace, as well as many others.
“Last year, Microspace further demonstrated that it has the proven business model, versatile and reliable service and laser-like market focus to succeed. We will continue to build on this success in 2005 with additional VELOCITY service capabilities for new business applications, as well as our established offerings for more traditional communications requirements.”
–Microspace VP & GM Joe Amor
“We have enjoyed a solid financial year,” said Microspace Vice President & General Manager Joe Amor. “This continues to be driven by our growing market leadership in delivering content in key verticals like financial services, retail and broadcasting/entertainment for digital signage, business TV and emerging applications like digital cinema.”
Network Growth & Upgrade
In 2004, Microspace expanded its signature service, VELOCITY®, across additional markets in Europe & Latin America. The company also upgraded its Raleigh-based Network Control Center in support of VELOCITY customers, including additional uplinks and connectivity to further improve redundancy.
Microspace continues to experience increased success in delivering best-of-breed, one-stop-shop solutions to existing customers and leveraging new prospects through its established IpSatSolution alliance with video-powered solutions provider Broadcast International and world-wide leader in business-class data broadcasting solutions Heilus.
In partnership with Silver Beacon Media, Microspace broadened its capabilities in support of digital signage applications. This expanding segment for the company saw 100% growth in new customers in 2004.
Microspace also built on existing partnerships with Helius, International Datacasting Corp., Kencast and Westport Research to further enhance its innovative “shared services” offering in 2004, which enables customers with moderate service requirements to pay only for what they need, when they need it.
Thanks to MCC’s Carla Torrence for this capcom story.