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CloudReplica(R) Announces Record RevenueRiding High on Cloud Services, CloudReplica Expands Subscriptions and Turns in Record Q1 Results (May 03, 2012)
HOUSTON, TX -- (Marketwire) -- 05/03/12 -- CloudReplica®, the leading provider of Business Continuity as-a-Service, announced results for the first fiscal quarter of 2012. The company set a new record for subscriptions to its flagship CloudReplica service resulting in a corresponding increase in quarterly revenue.
"CloudReplica clearly benefited from end of year momentum as well as some environmental factors in the beginning of the new year. IT spending seems to have rebounded and companies seem eager to protect their Business Application Infrastructure. Our CloudReplica service is enjoying a leadership position and we are definitely capitalizing on the buzz around 'everything Cloud,'" said Rich Bruklis, Vice President of Marketing for CloudReplica.
"The sustained growth we are experiencing will soon be accelerated by a host of exciting new service offerings which will be announced early in Q2," said Jo Stergiou, CloudReplica's Chief Technology Officer.
Headquartered in Houston, Texas, CloudReplica® offers its customers Enterprise Class Backup, Disaster Recovery and Business Continuity solutions as-a-service. Based on a pay-per-service model, CloudReplica finally brings industrial strength, enterprise class features and functionality to protect the backbone of America's mid-sized businesses.
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