Infinite Conferencing Reports Outstanding Results for 2005
- A Banner Year Across All Categories for Leading Provider of Virtual Group Communications-
MILLBURN, N.J. (January 11, 2006) - - Infinite Conferencing, a national provider of phone and Web conferencing, webinar and webcasting services, today announced that its 2005 revenues increased 44%, gross margins improved to 82%, and net profits increased 25% versus the same timeframe in 2004. The Company also revealed that more than 1,000 new client companies, membership organizations, non-profits and government entities signed up for Infinite Conferencings virtual meeting, presentation and training services during 2005. Web conferencing grew from 11% to 16% of total revenue.
Keith Maddox, President of Infinite Conferencing, stated, "We really hit our stride in 2005. The fact that we generate over 30% of our new business each month from client referrals is testimony to the value we deliver". He added "I think we also benefited last year from industry consolidation; many of our competitors were purchased by larger conferencing service providers and their (former) customers called us looking for better service".
Infinite Conferencing is currently hiring for various sales and marketing positions. Dave Kott, VP of Sales & Marketing, for Infinite Conferencing stated "We are still growing really fast. One of our biggest challenges remains finding good, smart, enthusiastic people".
About Infinite Conferencing
The trusted provider of reliable phone and Web conferencing, webinar and webcasting services, Infinite Conferencing delivers feature-rich solutions that range from on-demand phone and web conferencing to full-scale online event management. The Company offers further value through its team of experienced communications experts who help tailor each solution to their clients specific business requirements.
Founded in January 2001, Infinite Conferencing is headquartered in Central New Jersey.
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CONTACT:
Dave Kott, President
973.218.0937
dkott@infiniteconferencing.com
