Carbon60 Achieves Another High-Growth Fiscal Year and Strengthens Leadership Team to Support Growth Trajectory May 18, 2016 Toronto, Canada, May 18, 2016 – Carbon60 Networks, a leading Managed Cloud Hosting services provider announced today financial results for its 2016 fiscal year ended March 31, 2016 with strong revenue growth of 58%, fueled by existing client growth and new client acquisitions. “The cloud computing market continues to mature and I’m pleased with Carbon60’s performance in the past year as we carve out a unique niche in Canada and beyond to deliver a specialized white-glove approach to helping our customers navigate towards a secure managed cloud strategy,” said John Witte, President and CEO of Carbon60. “As we look to the future, we see tremendous growth opportunity to partner with more organizations in the private and public sector that are seeking a provider with depth in managing multi-cloud platforms with an application orientation and a strong security foundation. This is our differentiated value in the market which we are driving success in with our customers and channel partners.” The past year saw significant capital investments towards the buildout of Carbon60’s enterprise secure cloud platforms in central and western Canada to exceed the needs of existing and new customers. The company saw the successful transition of new customers from Canada and Europe including: Travel Brands Inc., Sustainable Infrastructure Foundation and Dentalcorp. Carbon60 continues to attract customers looking for deep expertise in managing hybrid cloud, applications and security. The company also announced new members to the leadership team to add depth to support Carbon60’s growth. Bik Dutta, VP Marketing & Alliances, will be responsible for leading Carbon60’s marketing initiatives, evolve the service portfolio and launch strategic partnerships to expand the Carbon60 ecosystem. Dutta brings over 15 years of experience in the cloud and managed hosting sector most recently with the Canadian division of CenturyLink (formerly Savvis/Fusepoint). Jeff Azar, VP Operations, will lead Carbon60’s expert engineering and service desk operations organization with a 20 year track record leading global operations teams with disciplined principles to deliver lasting customer experience and loyalty. Azar previously led the global cloud support and client advocacy teams for CenturyLink/Savvis in St. Louis. Aaron Pelz, VP Finance, leads all aspects of the finance function for the company with 15 years experience in financial operations and management in IT, media and consulting sectors, most recently from Rogers and Genesis Advisory. “I am pleased to have Bik, Jeff and Aaron join our leadership team as we lay the foundation for even stronger growth for Carbon60. With their combined experience from both medium-sized and global hosting and cloud providers, I am confident they will be able to contribute meaningfully to help us continue to delight our customers,” said John Witte. Carbon60 was recently recognized for its successful year ranking 12th on the Branham300 ICT lists for Canada’s Top 15 Growth Companies and also ranking on the Top 250 ICT Companies List for the first time. In addition, Carbon60 entered the CDN Top100 Solution Provider list for the first time. About Carbon60 Networks Carbon60 Networks specializes in delivering “end-to-end” managed hosting and cloud computing solutions for public and private sector organizations with business-critical IT workloads. Our secure multi-origin cloud hosting platform, comprehensive technical support services and end-to-end service level guarantees make us the trusted choice for companies that need a managed hosting partner to deliver deep application-level support along with world-class reliability, performance and security. Visit us at Our Website / LinkedIn / Twitter. Contacts: Bik Dutta, VP Marketing & Alliances, Carbon60 Networks: bik.dutta@carbon60.com John Witte, President & CEO, Carbon60 Networks: john.witte@carbon60.com
