NetGain Achieves 7th Consecutive Year of Revenue Growth in 2009

Online, January 25, 2010 (Newswire.com) - RESTON, VA, January 25, 2010 - NetGain Communications, a leading telecom solutions provider, announced today that it has achieved its 7th consecutive year of profitability and growth for its fiscal year ending December 31, 2009. During the past three years NetGain has achieved a 20% compound annual growth rate.

"Considering the state of the economy, our performance in 2009 was particularly gratifying because it demonstrated the value we deliver to our customers," said Peter Callowhill, CEO of NetGain. "Given the need for many businesses to cut costs during a period of flat revenue growth amid tough times, our customers have recognized the importance of NetGain in helping them select telecom solutions that offer the best return on investment."

Callowhill noted that even when customers believed they already had a cost-efficient telecom operation, NetGain made them even more cost-efficient by recommending, designing, and implementing voice and data solutions that offered additional savings, without any sacrifice in quality or reliability.

"Our success in recent years is attributable to offering telecom solutions that help our customers stay competitive by driving down operational costs to provide immediate ROI - exactly what they need to survive these uncertain economic times and position themselves for future growth," Callowhill said.

Among the company's achievements in 2009 was a creative advertising campaign developed for its wholly owned subsidiary, iTEMize Technologies. "The mis-Adventures of Telco Bill" used a series of cartoons and animations to highlight various functions of its Telecom Expense Management software, iTEMize. The campaign has gone viral with many cartoon episodes posted on blogs and other social networking sites, as well as the website of iTEMize Technologies (www.itemizetech.com), where the complete set of 10 cartoons can be viewed. Several animated episodes can be seen on YouTube (search, Telco Bill).