M2 PRESSWIRE-15 February 2007-www.streetinvesting.com: Progress Review for NaviSite Inc.(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:15022007
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American markets saw continued success Wednesday, as the Dow set a new high after Federal Reserve Chairman Ben Bernanke told a Senate panel the economy should grow modestly this year. Cashing in on the day's success were investors of NaviSite Inc. (NASDAQ:NAVI). Upon the toll of the day's closing bell the Company's share price was up 7.46%, accompanied by a trading volume of 285,635.
Recently, our experienced team of researchers has been placing an increased focus on the Tech Sector, as well as specific tech companies and those involved with the distribution or production of technologic wares. NaviSite Inc. was one of the prospective companies which we have chosen to bring to your attention. The company is a leading provider of application and technology services for companies who seek to accelerate their business IT performance.
As technology continues to play an increasing role in the way people do business, everyone from small businesses to Fortune 500's are searching for ways to increase efficiency while reducing costs. With over 950 customers in 14 data centers; offices in the US, UK and India; NaviSite is the partner of choice for many of the fastest growing companies for outsourcing enterprise application and related IT services to drive their IT Efficiency and Effectiveness.
Recently, NaviSite Inc.'s Denis Martin, executive vice president & chief technology officer, participated in a panel discussion at the Merriman Curhan Ford & Co.'s IP Video 2007: The Killer Application For Internet and Communications conference being held at The St. Regis Hotel in San Francisco, CA on February 13, 2007.
Mr. Martin participated on the Service Provider/Distribution panel and provided thought leadership on a number of topics including the increase in market demand for technology services, insight regarding providers in the infrastructure and application space and the markets they support, the opportunities that exist for vendors, specifically NaviSite, along the IT services continuum and his point of view on the future of the industry including trends and new technology.
Based on this latest news release, it would appear that...To continue with the full report, more information and research please go to www.streetinvesting.com
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