Stalwart Announces Record Revenues and Profits For FY09

Charlotte, North Carolina - On the heels of last year's record year, Stalwart is especially pleased to announce another record year in both revenue and profit growth. The company is debt free and the strength of its balance sheet positions it to emerge from the present economic downturn with with significantly more market share than it had going into the downturn. "It has been very humbling to watch our business thrive this year when so many good people and good companies have fallen prey to the effects of the worst economic recession many of us have seen in our lifetimes. I'd like to tout the caliber of our people, our superior business model, our key technology partners, etc. as the reason for the increase; however, I'm smart enough to know that our help comes from above and am joyfully constrained to give credit where credit is due" said Bill Cooper, Stalwart's President.

"The quality of our clients has made a world of difference for us this year and we have been blessed to be able to capitalize on several key opportunities to gain market share" said Jim Guido, Stalwart's Executive Vice President, Engineering. "What is so remarkable about our financial performance is that we grew our net income over 20% over record highs while increasing our headcount 40%," said Guido.

About Stalwart

Stalwart is a 100% employee-owned company dedicated to making a difference, not just a living. Its vision is to change the IT industry one person at a time by building principled leaders of virtue and conducting business in such a way that its clients see real value in building enduring partnerships.

Press Contact
mediainquiry@stalwartsystems.com
 

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