From the Wires
Online Tech Wins Fifth FastTrack Award for Outstanding Business Success
By: Business Wire
Nov. 5, 2012 12:03 PM
Online Tech, the leader in secure and compliant data center hosting, was named the winner of a FastTrack Award for outstanding business success. Ann Arbor SPARK, a local economic development agency, will honor the winners at an event Friday, November 2. To be eligible, Washtenaw County-based companies must demonstrate a 20 percent revenue growth rate for three successive years.
It’s the fifth time Online Tech has received the FastTrack Award since 2006.
Online Tech has averaged more than 30 percent annual growth since 2003, when new owners made significant investments in its data center and network infrastructure to make it one of Michigan's largest managed data center operators. The company was founded in 1994 as one of the state’s first Internet Service Providers.
That track record of growth got a boost in mid-September when Online Tech received a $20 million investment from News-Press & Gazette Company to help it expand into new markets. The company – which currently operates two data centers in Ann Arbor and one in Flint – plans to add four more data centers to the company’s portfolio over the next 24 months.
“Online Tech has built the leading data center operating company in Michigan and did so during some very difficult economic times,” Online Tech CEO Yan Ness said. “Our people stepped up to the plate, worked a little harder and we’ve earned the loyal support of an expanding list of great clients around the Great Lakes region. With our recent investment, we look forward to continued growth as we expand into additional markets across the Midwest.”
Spurred by the impending growth, Online Tech recently added four members to its management team. Director of Business Development Michael Kowal and Director of Human Resources Deb Webster were hired by Online Tech while Director of Sales Don Trojan and Systems Support Manager Steven Aiello were promoted from within.
About Online Tech
Online Tech is the leader in secure, compliant hosting services including private cloud hosting, managed cloud hosting, hybrid cloud hosting, managed dedicated servers, disaster recovery, offsite backup services, and Michigan colocation. Online Tech’s Midwest data centers assure mission critical applications are always available, comply with government & industry regulations, and continue operating after a disaster. Backed by independent HIPAA, PCI, SAS 70, SSAE 16 Type, SOC 2, and SOC 3 audits, Online Tech delivers the security, privacy, and availability expected from world class data center operators. For more information, call (877) 740-5028 or email email@example.com.
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