Industry partnerships, record growth, numerous awards point to continued success, despite economic uncertainty in the banking industry
ALPHARETTA, Ga., Jan 31, 2012 (BUSINESS WIRE) — Safe Systems, recent winner of the BankNews Innovative Solutions Award and provider of IT support and hosted services exclusively to financial institutions, announced record performance in 2011 including the launch of several new solutions, the addition of numerous clients from across the country, as well as being recognized for multiple industry awards.
One of the company’s central tenets is to deliver exceptional IT solutions to financial institutions with a core focus on tailoring these services to the specific requirements of the highly regulated financial industry. This focus leads to constant innovation with the intent on providing the most effective security, compliance and IT management tools available to banking clients. The company was able to launch several solutions that supported this mission in 2011, including: an M&A IT Assessment Service, the Virtual CIO (vCIO), and Critical Application Patch Services (CAPS), a new enhancement to the company’s premium network monitoring solution, NetComply. Additionally, for the second consecutive year, Safe Systems’ disaster recovery solution, Continuum, was recognized with the Most Innovative Solution Award by BankNews Magazine.
“I am very proud of the continued success, growth and innovation we are able to demonstrate to our clients,” said Danny Johnston, CEO of Safe Systems. “Safe Systems is able to support banking industry trends while pushing forward with measures designed to further streamline a financial institution’s security, compliance posture and overall efficiencies.”
As the leading provider in the industry, Safe Systems has worked with over 500 financial institutions and manages over 20,000 network devices nationwide. In addition to the annual double-digit new client and revenue growth since their inception in 1993, 2011 saw the company increase their geographic footprint, adding over 100 new banking clients and contracts in sixteen different states. Safe Systems saw solid profits with a 19 percent increase in revenue, and 2011 sales of services increased 24 percent over 2010 to $14 million. The company remains privately owned by banking industry veterans and is a profitable and financially sound company enjoying a 99 percent client retention and renewal rate. Additionally, due to Safe Systems’ success within the banking industry, Kaseya, the leading global provider of automated IT systems management software, seized an opportunity to form an exclusive MSP partnership, making Kaseya a reseller for Safe Systems’ banking and FFIEC tailored solutions.
Throughout the year, Safe Systems was honored with various industry awards including recognition for the fourth consecutive year on the Inc. 5000 listing for three year sales growth of more than 43 percent. The Everything Channel placed Safe Systems on the CRN Fast Growth 50 Up and Coming List, which is an extension to the Fast Growth 100 and recognizes emerging companies that have shown notable growth. Safe Systems was also listed on the MSPmentor Top 100 MSP List as well as being ranked in the Tech 200 List for technology companies with the highest ranking for revenue and growth.
Darren Bridges, president of Safe Systems commented, “We are thankful for the support the banking industry continues to show us, but our main priority is, and always has been, our customers. Working exclusively with banks and credit unions for nearly 20 years has put Safe Systems in a position to provide the best solutions designed specifically for them. 2011 was a dynamic, challenging and successful year. We are looking forward to achieving even more in 2012.”
About Safe Systems
Founded in 1993, Safe Systems is the national leader in providing compliance-centric IT solutions exclusively to financial institutions. As a technology partner, and recent winner of the BankNews Innovative Solutions Award, Safe Systems has worked with over 500 financial institutions and manages over 20,000 network devices nationwide. Safe Systems’ scalable and cost effective solutions include IT managed services, compliance solutions, business continuity and disaster recovery, hosted email, data vaulting, network design and installation, security services, and IT and compliance training. Safe Systems helps financial institutions to significantly decrease costs, increase performance, and improve compliance posture. For additional information about Safe Systems, Inc., please visit https://www.safesystems.com or call 877.752.0550.
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