ALPHARETTA, Ga., May 30, 2012 (BUSINESS WIRE) — Safe Systems, recent winner of the BankNews Innovative Solutions Award, and national leader in compliance-centric IT support and hosted services exclusively to financial institutions, announced record Q1 2012 performance, including maintaining over 99 percent client retention year-over-year on its NetComply IT management solution.
“Safe Systems reached a significant company milestone in the first quarter of 2012 with 28 percent revenue growth over Q1 2011, marking Q1 2012 as the largest revenue growth in our history,” said Danny Johnston, CEO of Safe Systems. “Financial institutions continue to invest in solutions that improve operating efficiency, network security, recoverability and compliance posture. As a technology partner, Safe Systems’ family of solutions, including the NetComply network management suite and hosted services, enable financial institutions to do more with less. By taking advantage of these co-managed solutions, our clients can provide higher levels of service and experience to their own customers.”
Since its inception in 1993, Safe Systems has experienced annual double-digit revenue growth, while maintaining high levels of customer retention. Zach Duke, EVP, business development, added, “As more and more financial institutions look to virtualize their server environment and push operations to data centers, the need for a technology partner to manage these complex technologies grows substantially. Our clients are taking advantage of the current banking environment to invest in technology that alleviates burden on critical internal staff — staff that for awhile has been wearing multiple hats.”
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