Original URL: http://www.theregister.co.uk/2004/06/09/intechnology_results/
Storage buoys InTechnology
Sales up, losses down
Posted in Storage, 9th June 2004 09:36 GMT
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Network and storage specialist InTechnology increased turnover by 42 per cent to £223.5m for the year ended 31 March 2004 and credited increased demand for storage services for the growth.
The company reduced group operating losses for the year to £3.8m from £6.6m for the year before.
Charles Cameron, chief executive at InTechnology, said: "Relentless growth in storage volumes, increased concerns over data security and the network, and the growing burden of regulatory compliance for businesses provide a healthy background to demand for our products and services."
For the year ahead the company will concentrate on integrating its UK sales, marketing and professional services divisions into a unified structure.
A summary of results is available for download here [1]. ®
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