CEDAR RAPIDS, IA, June 19, 2011
/24-7PressRelease/ -- SecurityCoverage, Inc., a privately owned computer software and technical support services provider, has announced its first quarter 2011 revenue and subscriber results. "As expected, we were able to deliver solid increases across both revenue growth and product subscriber counts for the first quarter of 2011," said Robert O'Dell, President and CEO of SecurityCoverage, Inc.:
Q1 2011 revenue grew 36% year-over-year
Q1 2011 product subscriber counts grew 12% year-over-year
SecurityCoverage also announced company expansion and hiring plans within the first quarter, with expected new and renewed partnerships fueling market share and further growth. "Once again our good partnerships with Internet service providers, telecommunications and cable companies, electronic retailers, and value added resellers have achieved strong performance in these solid first quarter results," said O'Dell.
The ever-improving capacity and speed of the Internet means an expanding customer base with an expectation of security, backup and other advantages as part of their Web experience. SecurityCoverage provides an enhanced end-user computer experience with its suite of Internet security protection, online data backup, password management, virtual PC repair, help desk support and customer portal framework options. The products allow ISPs, resellers, cable companies and other partners from across the country to provide these benefits to their Internet customers without having to develop and manage the applications themselves, thus fully realizing profitability.
SecurityCoverage has made a commitment to continue to develop and expand partnerships further throughout the country. Said O'Dell, "Our investment in the partner channel is evident through our progress and results in the first quarter. In addition, we have several new initiatives and offerings underway that will help our partner channel continue to strengthen their brands with highly demanded customer offerings."
About SecurityCoverage
SecurityCoverage provides fully managed, fully supported, corporate-style desktop computing security and technical support services to individual users through a partnership group of Internet Service Providers, Telecommunications and Cable companies, and Financial Institutions across the nation. Based in Cedar Rapids, Iowa, the privately owned company offers SecureIT, SecureIT Live, and SecureIT Plus as well as Online Backup for seamless data backup and recovery. SecurityCoverage also offers virtual PC repair and support services with TotalTech, ISP Support Services, Premium Portal, CleverAssist and Password Genie. These products and services give individual users the same level of "hands-free" support, "hands-free" protection, and convenience large corporations provide their employees. Product and company information is available at http://www.securitycoverage.com.
SecurityCoverage provides fully managed, fully supported, corporate-style desktop computing security and technical support services to individual users through a partnership group of Internet Service Providers, telecommunications and cable companies, and financial institutions across the nation. Based in Cedar Rapids, Iowa, the privately owned company offers a one-stop shop suite of web-based products and services, designed to drive revenue and promote customer loyalty. These products and services give individual users the same level of "hands-free" support, "hands-free" protection, and convenience large corporations provide their employees. Product and company information is available at http://www.securitycoverage.com.
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