Peak 10, a data center and managed services provider, today announced it has become EBITDA (earnings before interest, taxes, depreciation and amortiza...

Peak 10, a data center and managed services provider, today announced it has become EBITDA (earnings before interest, taxes, depreciation and amortization) positive.

According to Peak 10, there has been a 44 % increase in sales, 47 % increase in revenue and 89 % growth in managed services over the second quarter of 2003.The company has expanded its portfolio of managed services to meet growing demand with small and mid market businesses as well as divisions of large Fortune 1000 companies. The new services include managed VPN, remote monitoring and management, and email management.

"Our company has passed a very critical and significant measure of success for our customers, employees and investors," said David Jones, co-founder and president of Peak 10. "This milestone is momentous to us not only because of the challenges we have overcome to get here, but also because we are one of the few multiple data center and managed services providers that has achieved profitability from start-up mode. We have reached this point with significant available capacity for growth, which is in line with our original forecast. Peak 10 is full speed ahead."