UnitedLayer, Inc. Reports Robust Earnings in Q1 2009
SAN FRANCISCO, April 16, 2009 — UnitedLayer, Inc. (http://www.unitedlayer.com), a privately held Colocation and Managed Infrastructure Services firm today reported a profitable Q1/2009, despite a broader economic trend of red ink and plunging sales. Today’s disclosure is voluntary.
UnitedLayer, which maintains over 35,000 square feet of Turn-Key Datacenter (TM) space in San Francisco, San Jose, Los Angeles and Ashburn, Va., reported a sales increase of 35% over its last quarter, while EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) increased by 110% over last quarter — a result of cost reductions and streamlining of operations.
The company was not profitable during Q1 through Q3 of 2008 due to aggressive expansion in the California market. However, the company’s outlook for 2009 is significantly positive, and in February, 2009 UnitedLayer secured over $2.5 million in equity and debt financing to support its continued growth.
“Despite the macroeconomic uncertainty, we have experienced our second consecutive profitable quarter and hold a positive outlook for the remainder of 2009. We remain on target to have a profitable 2009 and have no additional needs for outside funding. Increasing demand from existing and prospective customers has significantly increased utilization of our facilities,” said Arman Khalili, CEO of UnitedLayer. “With the continued rise in demand for scalable, secure and reliable Internet infrastructure services, we have seen tremendous growth this past year across our service offerings.”/p>
Founded in 2001, UnitedLayer offers a suite of IP Transport, Colocation, and Managed Solutions. It operates a nationwide MPLS/IP network consisting of three data centers and ten routing/peering nodes.
About UnitedLayer, Inc.
UnitedLayer, Inc. is a premier North American Colocation and Internet infrastructure services firm. It offers IP transit, colocation and managed infrastructure services in multiple datacenters strategically located throughout North America. UnitedLayer’s mission is to empower businesses of all sizes to make smarter decisions with the infrastructure needed to start, build, scale and optimize their online presence.
For additional information, please visit UnitedLayer at http://www.unitedlayer.com.