Ethernet services provider Exponential-e announces it made record sales in its second quarter of 2008, driven by VPLS

July 2, 2008

2 Min Read

LONDON -- Exponential-e, the UK’s leading Next Generation Network (NGN) service provider today announced that it made record sales in its second quarter of 2008. The latest figures broke the previous record, set only the preceding quarter, by a further 31% and heralds the best ever half-year results recorded by the company since its launch in 2002. Even as the UK heads into recession and the “credit crunch” continues to hit across the board, Exponential-e’s 2008 sales are hitting record levels as corporate customers are adopting new technology and innovative solutions in order to compete and gain advantage in these tough times.

Exponential-e backed Ethernet, as the emerging WAN technology, right from its inception in 2002 when its portfolio included point-to-point and point-to-multipoint services. This early commitment to the technology delivered a highly profitable return, in turn, funding an extensive period of Research & Development investment to move Exponential-e onto its Ethernet NGN service delivery platform. Today, Exponential-e offers a second-generation Ethernet any-to-any VPLS capability with intelligent QoS.

By expanding its portfolio to include Virtual Private LAN Services (VPLS) in January 2006, Exponential-e was the first UK provider to offer the, now much talked about, solution. The company signed its first VPLS customer in April 2006 and came to the attention of two industry awards in the same year. Since then 95% of the company’s customers make use of VPLS in the networking solutions that Exponential-e designs for them.

The company has since signed up around 500, mainly blue-chip, enterprise customers. 65% of the company’s customers come from financial and media markets – industry sectors typified by complex and mission-critical requirements.

Exponential-e has achieved an average of 60% year-on-year growth since its inception in 2002; a growth rate which bought the company Tech Track 100 status last year.

The company is privately owned.

Adrian Hobbins, Chief technology Officer, Exponential-e said “Exponential-e has always believed that VPLS would become the de-facto standard for enterprise WANs. We are quintessentially Ethernet – from our earliest days when we provided simple Internet connections to today where we have a VPLS-based service-creation platform running across a 10GigE NGN”.

Exponential-e Ltd.

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