IT Network eyes up US market
Expansion ahead and profit just around the corner
Magic Quadrant for Enterprise Backup/Recovery
The ITNetwork has outlined plans for expansion overseas and into other business sectors. Speaking yesterday, newly appointed CEO Rob Wirszycz said: "We aim to announce a new vertical market in the next few days for the IT Network". Which should continue to send parent company InterX's share price soaring. Wirszycz added that one of his aims as CEO was to bring the product to the US and the rest of Europe. He said there would be an announcement within the next six weeks on "international growth", though he refused to elaborate. As for InterX's other business, distributor Ideal Hardware, he said this business was still being "hived off". "It is on the market to be sold," he said, adding that in a "very short order" the IT Network would be making a profit. The company also launched its reseller programme. It has added hyper-linked banners to let resellers link directly to its product database. It claims to have signed-up 250 resellers in the first week, with a 72 per cent take-up rate from those approached to join. ®
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