16 June 2005
Logicalis US President & CEO Michael B Cox Earns Executive of the Year Award as Company Moves Up Seven Places in VAR500 Ranking
Logicalis realizes substantial growth to #104 on the VARBusiness ranking of North America's top 500 technology integrators.
New York, NY – June 16, 2005 – Logicalis, an international IT integration company, announced today that its president and CEO Michael B. Cox has been recognized by CMP Media's VARBusiness magazine as executive of the year. Logicalis placed at #104 in the 11th annual VARBusiness 500 ranking moving up from last year's ranking of #111.
Robert C. DeMarzo, VARBusiness publisher, says, "Companies like Logicalis are powering our national economic engine and keeping it competitive. Mr. Cox was recognized as Executive of the Year for his ongoing drive for continuous improvement and entry into new markets through organic growth and acquisition."
"We are gratified and honored to be recognized by CMP Media as a leader in the industry," said Michael Cox, president and CEO of Logicalis. "The last few years have been an exciting time for Logicalis. The industry shifts have left many opportunities open to companies like Logicalis. We have made decisions with an eye toward selective diversification, enhancement of existing strengths, and remaining a provider of best-in-class IT products and services."
Logicalis' business growth is substantially due to its strong relationships with its partners including HP, IBM, Cisco and EMC. In addition, gaining specializations in growth markets like IP telephony and increasing its existing presence in enterprise remote managed services and contract consulting has driven the company's profits higher.
The 500 companies are the leading revenue producers among approximately 90,000 solution provider organizations and account for $334 billion in sales of information technology (IT) services and products. The complete listing of the VARBusiness 500 is published in the June 13, 2005, issue of the biweekly business magazine that provides strategic insight for technology integrators.
To complete the 2005 ranking of the 500 largest North American solution providers, VARBusiness partnered with research firm Answers Research to help collect and analyze the data. VARBusiness designed the survey which was administered on its Web site from mid-February through mid-April, as a means to collect the data. Finalists were ranked according to their fiscal year 2004 revenue, based only on their reseller-related services business.
About Logicalis
Logicalis is an international provider of high-performance IT integration solutions. Logicalis employs 800 people worldwide, including highly-trained service specialists who specify, design, deploy and manage IT infrastructure to meet the needs of over 5,000 corporate and public sector customers. Logicalis maintains strong partnerships with technology leaders such as HP, IBM, Cisco and EMC.
The Logicalis Group is a division of Datatec Limited, a $2.5 billion business listed on the Johannesburg Stock Exchange. With its international headquarters in the UK, Logicalis' global revenue is approaching $500 million from operations in the U.S., UK, Germany and South America. In North America, Logicalis accounts for nearly $350 million in revenue and 350 employees. For more information, visit www.us.logicalis.com.
About VARBusiness Magazine
For the past 18 years, VARBusiness' strategic resources have been the gateway to the Solution Provider community. VARBusiness provides unique strategic business and technology insight for Solution Providers through industry-defining research, in-depth editorial, channel events and innovative Web services, enabling these IT professionals to make educated decisions for their businesses, partnerships and customers. VARBusiness has been the recipient of numerous industry awards for both editorial content and design. Additional information about VARBusiness products, events and services, is available on the magazine's Web site at www.varbusiness.com.