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XCAST LABS REPORTS 48% REVENUE GROWTH AND SURPASSES 100K USERS ON THEIR AWARD-WINNING DV&V VOIP PLATFORM
Global VoIP Joins Growing List of Communications Service Providers to
Sign SaaS VoIP and Video Leader
Los Angeles & Puerto Rico (January 27, 2010) XCast (News - Alert) Labs (www. XCastLabs.com), a leading provider of hosted digital Voice and Video Services over the Internet, today reported that in 2009, it achieved more than 48% revenue growth, and surpassed the 100,000-user mark.
XCast Labs CEO, Cliff Rees (News - Alert), stated that, “Revenue grew by 48% in 2009, and we have been profitable since July – which we will continue to be for the foreseeable future.” He continued, “We topped the 100,000 total user mark in Q4 2009, and expect that number to grow dramatically in 2010 as we continue to add more IP-PBX (News - Alert), SIP Trunk, residential and Reseller customers.”
XCast Labs is unique in that its software-as-a-service Digital Voice and Video offerings are based on its own proprietary platform. Unified Communications (News - Alert) functionality, 99.995% reliability and patented Direct-RTP technology are among the true differentiators that enable XCast Labs to support its position as a voice and video-over-IP leader (VoIP). Also significant, is its ability to activate service for Reseller customers like Cable TV operators and CLECs within 10-15 days, compared to other service providers that need several months.
Among the growing list of XCast Labs customers is Global VoIP, Inc. (GVI). The Company’s President, Matt Mirolla, provided the following insight into the decision to work with XCast Labs over any other VoIP provider. “Global VoIP, Inc., was launched to fill the communications needs of small-to-medium-sized businesses through hosted IP-PBX and SIP Trunking solutions. Our core base of clients and prospects was using aging PSTN technology so we needed to find a reliable, cost-effective product to migrate these clients to VoIP.
“After researching several providers, Global VoIP decided on XCast Labs. From past experience, GVI found XCast’s proprietary Digital Voice & Video platform to be very reliable as well as feature-rich. The white-label customer portal provides excellent administrative abilities to our end-users, and we are confident that that, with XCast as our partner, we will continue to provide our clients with the exceptional products and services to which they have grown accustomed for over 15 years.”
In addition to its presence at ITEXPO (News - Alert) East 2010 in Miami, XCast Labs will participate at the 2010 Caribbean Cable and Telecommunications Association Annual Meeting in Puerto Rico.
ABOUT XCAST LABS
XCast Labs is an advanced SaaS (Software as a Service) provider that has developed a comprehensive suite of software and hardware solutions that enable Cable operators, CLECs, RLECs, ISPs, Telecom Resellers and marketing companies to offer integrated IP-based services to their end-users. The company’s proprietary Digital Voice and Video (DV&V) platform is a fully hosted, IP-based integrated solution that delivers Class 5 switching with MIR (Most Intelligent Routing), Video Telephony, IP-PBX, SIP Trunking and other advanced IP applications including video conferencing.
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