SOURCE: Juma Technology Corp.

Juma Technology Corp.

August 31, 2009 10:18 ET

Juma Named to Everything Channel's Fast Growth 100 List for Second Consecutive Year

Juma Moves Up to #50 on List of Fastest Growing Solution Providers

FARMINGDALE, NY--(Marketwire - August 31, 2009) - Juma Technology Corp (OTCBB: JUMT), a leading IP Convergence firm specializing in managed services, today announced that it has been recognized by Everything Channel on the Fast Growth 100 list. The Fast Growth 100 recognizes the fastest growing Solution Providers in the industry today, with growth rates in excess of 55 percent.

Juma Technology recognized a 93% two-year revenue growth (2006-2008) and moved up to #50 on the Fast Growth 100 list.

"Being named as a Fast Growth 100 company for the second year in a row is a great accomplishment for our company and our team," said Anthony M. Servidio, Chief Executive Officer at Juma. "Posting such an impressive two-year revenue growth in spite of this current economic environment really underscores the value that Juma's services bring to our existing customers and our ability to attract new clients.

"This distinguished achievement certainly speaks to the caliber of our employees and the strength of our customer base, both of which enable us to continue growing our business."

Servidio also pointed to the company's software subsidiary company, Nectar Services, as part of a successful sales strategy and revenue generator.

Robert C. DeMarzo, senior vice president and editorial director for Everything Channel editorial, said, "The companies that are included on the Fast Growth 100 are channel industry leaders. They offer business-oriented IT consulting and work closely with their customers to integrate multivendor IT solutions as well as cutting-edge technologies. In addition, they understand the importance of strong sales philosophies. We congratulate Juma Technology on their well-earned success."

The Fast Growth 100 has an average two-year revenue growth ('06-'08) of 87 percent, and average annual sales of products and services of $198.2 million. To be eligible for the 2009 Fast Growth 100, companies must be an IT solution provider; be based in the U.S.; have had net sales of at least $1,000,000 in calendar year 2006; and be an independent company.

The Fast Growth 100 rank is based on two years' growth of net sales from calendar year 2006 to calendar year 2008. Net sales were verified by public filings when possible. All private companies provided a signed affidavit attesting to the accuracy of the reported 2006 and 2008 net sales figures or accountant-reviewed financials or audited financials. Affidavits were signed by an owner or officer of the company or by a CPA representing the company. Affidavits and financials are on file in Manhasset, NY.

About Juma Corp (www.jumacorp.com)

Juma Technology Corp. provides advanced unified communications solutions that integrate voice, data and video applications. Juma's IP Convergence solutions enable companies to increase productivity, enhance mobility and create significant cost savings, particularly for multi-location businesses. Juma has been recognized as an industry leader in providing integrated business communications and services, helping customers leverage network convergence to achieve their business goals. Nectar Services Corp, an IP communications solutions provider, is a wholly owned subsidiary of Juma and represents the company's managed services division. Follow Juma on Twitter: www.twitter.com/jumatech.

About Everything Channel (www.everythingchannel.com, www.channelweb.com)

Everything Channel is the one-stop shop for managing and accelerating technology sales. From branding and recruiting to marketing and sales, Everything Channel offers technology marketers the unmatched breadth and depth of global brands and market intelligence combined with unparalleled audience loyalty and credibility serving all technology sales channels through an extensive database. Everything Channel provides innovative field sales and marketing solutions to arm the sellers of technology with the resources they need to achieve measurable and significant results.

About United Business Media Limited (www.unitedbusinessmedia.com)

UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities -- from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists -- with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently.

Contact Information

  • Contacts:
    Melissa J. Nacerino
    Juma Technology Corp.
    (646) 291-8264
    Email Contact

    Maureen Park
    Everything Channel
    (516) 562-5942
    Email Contact