20 Feb 12 US Logistics merges with Ranger International Services Group
2009-08-24In order to continue its history of successful corporate growth and strong product development, US Logistics, Inc. is proud to announce that Ranger International Services Group, Inc., an investment affiliate of Ranger Aerospace and three private equity groups, has recently acquired a majority interest in the company.
The merger is expected to result in increased employment across both companies and greatly expand the current customer base, with revenue anticipated to reach $100 million by the end of 2009. both current Ranger subsidiaries are growing steadily, with robust bidding pipelines and plenty of opportunities for expansion and investment.
Mike Boyce, who will serve as president of the new holding company, while continuing to serve in his current position as president and CEO of US Logistics, is extremely optimistic about the possibilities and potential future of US Logistics.
Says Boyce of the merger, “As a major stockholder and Board Member of the holding company, I want you to know that I am deeply committed…Our customers can count on our total enterprise to be there, every day, every mission, with a reliable and vigilant focus on quality, safety, and FAR compliance. we can capably take on more and larger challenges now. Our customers know that this enterprise will develop and expand far beyond our previous horizons. as we grow, it means the real possibility for career growth and diverse new paths for our best performers.”
About the Companies US LogisticsA world-wide leader in the maintenance, modification, reset and overhaul of tactical military vehicles, aircraft and Aerospace Ground Equipment (AGE). we also specialize in Aircraft Washing, Corrosion Control and Abatement Services for the U.S. Air Force and U.S. Army.us-l.com/
Ranger InternationalA privately held investment and management holding company that partners with private equity institutions to acquire and grow companies in aviation services and aerospace support operations. Ranger and its co-investors add value to acquired companies via seasoned veterans experienced in aviation services, aerospace program management, engineering, finance, government programs, executive search, C-level consulting, corporate development, MIS, marketing & strategic planning, LEAN initiatives, Total Quality Management, mergers & acquisitions, post-merger integration, and turnarounds.rangeraerospace.com
CAV International, Inc.Founded in 1996, CAV International provides technical and labor services in support of US Department of Defense Contracts worldwide. Headquartered in Colorado Springs, Colorado, the Company primarily provides air terminal and ground handling services and passenger terminal operations for the US Air Force’s Air Mobility Command (AMC) and commissary services for the Defense Commissary Agency (DeCA).cavint.com
19 Feb 12 Michigan Technology News, the online source for Michigan’s technology business
LANSING – After recently announcing its expansion into multiple Regions across the United States, Storm on Demand, the cloud hosting arm of managed hosting provider Liquid Web, has made updates that let users work on a variety of operating systems.
Offering the feel of a traditional server with the flexibility and convenience of Cloud Hosting, Storm?s familiar server images will now include Cent OS 6 (6.2), Arch Linux, Ubuntu 11.10 and Debian 6.0 updates.
?Our users are some of the most savvy, dialed-in members of the technology community,? said Liquid Web/Storm on Demand Founder and CEO, Matthew Hill. ?Since our inception, we have kept the lines of communication open between the company as well as users and potential users. In the process of solidifying our reputation as one of the most responsive, approachable and available providers in the market, we have encountered a number of requests that led to the pinpointing of a number of upgrades we wanted to implement within Storm on Demand. I am proud to say that we have responded quickly and directly to those requests with our latest update.?
With the newest, most advanced operating systems available on Storm on Demand, users can expect a higher performance experience from a Cloud Host. All of these updates will include all of the latest features, up-to-date tools, fine-grained controls, user-friendly resources as well as refreshed life and support cycles.
?At Storm on Demand we are constantly working hard to drive down costs for our customers, while simultaneously increasing performance and reliability,? Hill said. ?Last October, we were proud to announce significant price reductions to our bandwidth pricing for all current and future Storm on Demand customers. Customers will not pay for any inbound data transfer. In addition we are slashing our pricing for outbound data transfer from $.15/per Gig to $0.05/per Gig.
?We?ve also lowered the price on our bandwidth bundle options, which now include free incoming bandwidth. Clients who currently have bandwidth bundles will see a reduction in costs, as well as their incoming bandwidth not being deducted from their bundled quota.?
Hill said this means that Storm on Demand customers can upload unlimited amounts of data and not be charged a penny for inbound data transfer. This pricing reduction represents a nearly 80 percent savings over our previous pricing. For example, if you were transferring 10TB inbound and 10TB outbound you will save 78.26 percent. ?
These price reductions are a result of our ongoing network improvements including expanded network capacity and the addition of many important new peering partners. Storm on Demand?s network is now peered with Amazon, Google, Akamai, Microsoft, Yahoo, Facebook and many more.
by avoiding the tiered pricing plans utilized by other cloud hosting providers, Storm on Demand?s pricing structure empowers our users to generate instant savings by not paying for bandwidth they?re not using and not paying a premium for the bandwidth they are using. many of these tiered plans require you to use more than 350TB of bandwidth to attain the cheapest outbound bandwidth pricing. Storm on Demand ensures that our users will receive the best pricing on bandwidth, even for low usage.
For more information, click on LiquidWeb.Com
14 Feb 12 PSP, Inc. Ranked 24th Largest Software Developer by Puget Sound Business Journal
BELLEVUE, Wash., Feb. 13, 2012 — /PRNewswire/ – Pacific Software Publishing, inc. (PSP, inc.) one of the Northwest’s leading business Web and Hosting providers, is proud to announce that it has ranked 24th on the largest Software Developers List published by Puget Sound Business Journal.
PSP, inc. designs and develops software applications from the ground up for its own product and service by their in-house team in Bellevue, Washington. over the past year, PSP was ranked 12th on the 2011 largest Web Developers List, 29th on the 2011 Fastest -Growing Minority-Owned Businesses List, and 37th largest Minority-Owned Businesses, all published by the Puget Sound Business Journal. PSP, inc. has also ranked 3,564th place in inc. Magazine’s 5000 Fastest-Growing Private Companies in America list for 2011.
“Although PSP’s ranking was the same ranking as the last year we are honored to be listed on the largest Software Developers List and have set goals to grow our business in the years to come,” said Mayumi Nakamura, President and CEO of PSP, inc. ”This coming July, we will mark our 25th anniversary. We will continue to enhance the online presence of our customers, as architects of our own software we have the ability to attune our service to support specific business needs.”
Now in their 25th year of software development, PSP, inc. focuses on its internet services, including over 38,000 domain hosting, E-newsletter services, website design and development between Japan and the USA. “At PSP, inc. we produce creative and cutting edge software technology solutions to support businesses’ needs by its team of in-house developers located in Bellevue, Washington,” said Mayumi Nakamura.
About PSP, inc.
Founded in 1987, PSP, inc. is a Web hosting and Internet Solutions Company located in Bellevue, WA. PSP, inc. has continued to grow into a successful company conducting business in both the U.S. and Japanese markets. Visit pspinc.com to learn more.
About Puget Sound Business Journal
The region’s premier source of business information, the Business Journal services an unparalleled audience of business and community leaders. in addition to the weekly newspaper, it provides daily updates via its website and email alerts. The company plays a vital role in bringing the area’s leadership community together by hosting a wide variety of events throughout the year. Puget Sound Business Journal is a unit of American City Business Journals, which operates 40 local business newspapers throughout the United States. Visit Puget Sound Business Journal on the web at pugetsoundbusinessjournal.com.
SOURCE PSP, inc.
03 Feb 12 Jobs report tracks with private-company trends
January’s jobs report on Friday showed widespread employment growth in the private sector, a trend that’s consistent with improved revenue and profit trends that financial information company Sageworks inc. has seen among private companies over the past 18 months.
The Labor Department said U.S. unemployment fell to 8.3 percent in January from 8.5 percent in December and 9.1 percent a year earlier as 243,000 jobs were added. the largest employment gains were in professional business services such as employment services and accounting, in manufacturing, in health care and in leisure industries such as restaurants and bars.
“The past several recent jobs reports seem to indicate that private companies are beginning to look toward the future and consider hiring,” said Sageworks CEO Brian Hamilton. “This is an optimistic jobs report, especially in light of very poor jobs reports for almost 3 years. We don’t know if the positive jobs trend will continue, but it is definitely a good trend. “
The 27 million privately held companies in the U.S. account for 80 percent of new jobs and up to 70 percent of GDP. Hamilton said that as they grow their revenues over a longer period of time, they will begin to hire. “This has been historically true and, in the absence of a significant and material change, we expect this to be true in the future,” he added.
A Sageworks analysis of financial statements from private companies has found that those companies saw average sales growth of nearly 8 percent in 2011, compared with nearly 5 percent growth in 2010 and an almost 6 percent decline in 2009. Profitability has improved too, Sageworks data shows. Adjusted net profit margins were at a 10-year high average of about 6.5 percent in 2011, compared with nearly 5 percent in 2010. Sageworks has also previously noted that privately owned manufacturers’ sales outpaced the U.S. economy overall in 2011, and that residential construction even ended 2011 on a positive note.
Net profit margin has been adjusted to exclude taxes and owner compensation in excess of their market-rate salaries. these adjustments are commonly made to private company financials in order to provide a more accurate picture of the companies’ operational performance.
John Silvia, Wells Fargo Securities LLC’s chief economist said Friday’s reported job gains, including 21,000 jobs in construction, were helped by warmer than usual weather in January. But he also noted that total hours worked moved higher by 0.2 percent in the private sector, including a 1.2 percent increase in manufacturing. A one-tenth increase in average weekly hours worked is equivalent to an additional 330,000 jobs, based on an average work week of 40 hours, he said in a research report.
“Over the past year, we have witnessed broad gains in employment in a number of sectors, while unemployment rates for many occupations have declined,” Silvia said. “This is a good sign for growth in the economy going forward.”
Diane Swonk, Mesirow Financial’s economist, said “robust” gains in temporary employment were particularly encouraging. “They tend to lead to permanent hires and suggest that employers are beginning to redeploy the cash they have hoarded, and finally hire,” she said on her blog.
Sageworks, a financial information company, collects and analyzes data on the performance of privately held companies and provides financial forecasting software.
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