DLT Solutions Finishes 2007 With Record-Breaking Growth And Affirmation Of Market Leadership
Herndon, VA - (April 15, 2008) - DLT Solutions, Inc., a value-added reseller of industry-leading information technology (IT) products and services, ended fiscal 2007 with record level volume, marked by a more than 20 percent increase in annual revenue, reaching a record $418.6 million compared to $340 million in 2006. During 2007, DLT also secured several major contract awards from government agencies for both technology and professional service offerings.
"DLT had an exceptional year in 2007, solidifying our market position as well as laying the seeds for continued growth," said Rick Marcotte, president and CEO of DLT Solutions, who was recently recognized as one of the "Top Ten Beltway Game Changers" by Executive Biz.
"DLT has continued to demonstrate that it is uniquely positioned to address the growing public sector demand for scalable technology, coupled with the needs for administrative efficiencies and cost-savings," explained Marcotte. During 2007, DLT was awarded a series of enterprise license agreements, BPAs, and broad-based contracts, to provide IT solutions and services in support of the Department of Energy, Social Security Administration, State of Maryland, and the Marine Corps System Command IDIQ Program among others, representing significant revenue opportunities over the next five years.
"In a challenging market within the government sector, these indicators of DLT's growth are reflective of the success of its business model, and the confidence that customers, partners, and the industry at large have in DLT's business value and management team. For a software technology provider such as ourselves, partnering with DLT in supporting the government market contributes to our success in providing solutions for agencies to achieve their objective," said Paul Garver, Vice President of Quest Software's Public Sector Division.
DLT's momentum and success was also recognized by elite government business award programs including the Federal Times Top 100 Contractors (#57); GovernmentVAR Top 100 Government Integrators (#32); VARBusiness 500 (#112). More recently, DLT was ranked as the number two provider of IT offerings to state and local government on GSA Schedule 70 based on spend, according to a recent survey by INPUT.
During 2007, DLT also experienced strong momentum in other strategic areas of its business, including the expansion of its vendor portfolio to offer a comprehensive array of enterprise IT solutions to government from partners such as Akamai, Zenoss, Planview, Nexaweb, Ironkey, and Saffron, among others.
"Our growth has come organically whether through the addition of new business lines or taking market share from our competitors. I'm particularly pleased with the fact that almost all of our core vendor partners are up significantly year-over-year. Much of that success can be attributed to our continued rigorous implementation of best practices in public sector sales and marketing," Marcotte continued. "Now, we are poised to build on the successes of the past year and continue our momentum into 2008 with expansion into new markets and continued focus on doing what we do best."
About DLT Solutions
Founded in 1991, DLT Solutions delivers best of class technology solutions to federal, state and municipal governments and businesses from its headquarters in Herndon, VA. To achieve that mission, DLT has tightly integrated itself with some of the most prominent IT Software and hardware manufacturers in the world, including Autodesk,Google, NetApp, Oracle, Quest Software, Red Hat, SolarWinds and Symantec, among others. With its product portfolio, multiple procurement vehicles and award-winning track record, DLT confidently supports public sector clients in the technology implementation required to achieve their agency missions. DLT was recently honored as number one in the Term Software License category in the GSA IT Catalog of Top IT Contractors on GSA Schedule 70. For more information or to place an order, contact DLT Solutions at 888-358-4472; email firstname.lastname@example.org or visit www.dlt.com.