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Sysix Reports Spectacular First Half of 2006
Growing technology and financial solutions provider achieves 35% percent increase over same period in 2005; June sales of $7 million are highest single-month performance in company's history
Chicago, IL – September 25, 2006
Sysix Solutions, Inc., a global provider of IT business solutions spanning computer hardware and software, consulting and financial services, announced today that it achieved record revenues in the second quarter of 2006 stemming from solid sales to community colleges within the public sector, as well growing sales to a wide range of commercial accounts. Sales during the month of June 2006 reached $7 million – the highest single-month-sales reported in the company's history – rounding out the full second quarter revenues to a total of more than $19 million, a 26 percent increase over the same period last year. Preliminary results for the first half of the year show revenues in excess to 35 $US million, 35 percent over 2005 with a significant increase to net income.
According to Chuck Southwick, Senior Vice President of National Sales, "The growth Sysix realized in the second quarter resulted from our unique ‘total solution' approach to sales and marketing. The differentiator that sets Sysix apart is our consultative method of working with clients. We team with our customers to uncover the optimum way to solve business challenges and improve efficiencies with state-of-the-art technology and innovative financing. This proven sales approach has resulted in solid increases for Sysix in the sales of servers, storage, and networking solutions during the second quarter."
Southwick continued, "We are encouraged to see technology budgets opening up across all the global markets we serve and we expect this positive trend to continue throughout 2006, 2007 and beyond. Our customers are making substantial investments in hardware, software and technology services to sustain the satisfaction of new government regulations in areas such as security requirements; to meet skyrocketing demands for storage of digital content; and to support business process efficiency for competitive advantage."
Solid Sales Gains in Public Sector and Commercial Markets
Sysix second quarter results included several significant wins in the education space within the public sector markets. Sysix reported sales to Taft College, Kiswaukee College, Illinois Valley Community College, Elon University, and others. In the commercial market space, Sysix was selected by companies such as Sitel, Geico and ABN AMRO for technology solutions.
Sysix is a partner of IBM (NYSE: IBM); HP (NYSE: HPQ); Sun Microsystems (NASDAQ:SUNW), EMC˛ (NYSE: EMC); Cisco (NASDAQ: CSCO); Oracle (NASDAQ: ORLC); F5 Networks (NSADAQ: FFIV); Hitachi Data Systems and others. The Sysix brand is recognized nationally for providing technology solutions to mid-market and Fortune 1000 organizations, with a strong focus on vertical markets such as financial services, manufacturing, education, health care, retail and a wide range of services organizations.
About Sysix:
Sysix comprises: Sysix Technologies, Sysix Consulting, and Sysix Financial. The company provides mission-critical business technology solutions including hardware and software, consulting and financial services. Headquartered in Chicago, Sysix also has offices in Atlanta, Boston, Los Angeles, Philadelphia, New York, Milwaukee, Phoenix and San Francisco. The international headquarters of Sysix is in Frankfurt, Germany. For more information, visit the Sysix Web site:
www.sysix.com.
Contact:
John Sheaffer or Lisa Kapka (Investor Relations)
630-230-9644
or
Outlook Marketing Services, Inc.
Suzette Sexton (Public Relations)
312-873-3417
Suzette@outlookmarketingsrv.com
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