Business News
DTI Achieves Profitability and Growth in 2008
Wednesday 28. January 2009 - Global customer community surpasses the 1,000 mark
Digital Technology International (DTITM), a global provider of audience-centric web, print, and mobile publishing solutions, ended a remarkable year in achieving its 2008 goals for revenue, profitability and growth despite the decline in the world’s economy and the myriad of challenges facing the media industry. New customer signings in 2008 pushed the company’s worldwide customer list above 1,000 for the first time.
“We worked harder than ever to produce a successful financial year by focusing on solutions that help transform our customers’ businesses and their ability to compete for an audience in a tough market,” said Don Oldham, DTI’s founder and CEO. “Our success formula is to drive our customers’ success with innovative ingredients: cut costs with SaaS, grow revenues with targeted advertising and change the game with Web/print synergy. Our solutions are designed to help our customers transform their business models for success in this new economic environment.”
Highlights of DTI’s 2008 achievements, included:
Financial growth: DTI sustained its revenues and profits for the year, maintaining its record of staying profitable even in downturns and difficult economic times.
Geographic expansion: DTI expanded its market reach by signing new customer agreements in Slovenia and Nigeria.
New Offices: DTI opened new offices in Brazil, and Australia, and moved into new upgraded premises in the UK.
New Customers: DTI signed agreements with a wide range of media companies to surpass the 1000 mark in customer sites. New customers in 2008 included the New York Post (USA), Verlagsgesellschaft Madsack (Germany), Politico (USA), Celtic Newspaper Group (Ireland), Berkshire Media Group (UK), Timbuktu Media Group (Nigeria), Small Newspaper Group (USA), Norges Handels og Sjøfartstidende (Norway), and Delo (Slovenia).
“Since we have seen increasing profitability for the last seven years, we would like to believe Shakespeare’s line that ‘what is past is prologue’,” said Geoff Walker, DTI chief financial officer. “We know too well that these are not ordinary times. We are proud of what we accomplished in 2008 but we know that we must continue to innovate and execute in order to maintain our hard earned record of success.”