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Media Releases

Media Releases


Nine Lives Media Names ProfitStars to the MSPmentor 501 Global Edition in Seventh Annual Report

March 26, 2014

– Seventh annual report ranks ProfitStars among top 50 of the world’s top managed service providers (MSPs) –
 
March 25, 2014
 
Dallas, Texas – ProfitStars®, a division of Jack Henry & Associates, Inc.® (NASDAQ:JKHY) that provides solutions to improve the performance of financial institutions and diverse corporate entities, today announced that its Gladiator Technology® solution has ranked among the world’s top managed service providers on Nine Lives Media’s seventh annual MSPmentor 501 Global Edition (http://www.mspmentor.net/top501).
 
The MSPmentor list and report identifies the world’s top 501 managed service providers (MSPs). In its fourth consecutive year of being recognized, ProfitStars’ ranking has climbed to 36th on the list. Last year the company was ranked 43rd.
 
David Foss, president of ProfitStars, commented, “Our strong ranking on the MSPmentor list for the fourth consecutive year is a testament to our proven risk mitigation results and commitment to expanding Gladiator’s managed services to meet the growing demands of diverse financial institutions. We’re honored to once again be recognized on this global list.”
 
The MSPmentor 501 report is based on data from MSPmentor’s global online survey conducted October-December 2013. The MSPmentor 501 report recognizes top managed service providers based on a range of metrics, including annual managed services revenue growth, revenue per employee, managed services offered, and customer devices managed.
 
“MSPmentor congratulates ProfitStars on this unique honor,” said Amy Katz, president of Nine Lives Media, a Penton business. “Qualifying for our MSPmentor 501 Global Edition puts ProfitStars in rare company.”
 
ProfitStars' Gladiator Technology provides value as a strategic advisor to approximately 1,000 financial institutions. Gladiator's comprehensive portfolio of solutions include IT regulatory compliance services, managed security services, networking and communications services, and IT management services which all work in sync to help meet the expanding technology and risk mitigation needs of today's financial institutions.
 
MSPs on this year’s global 501 list lifted their combined annual recurring revenues $2.61 billion, continuing seven straight years of strong growth. Together, those MSPs now manage more than 700,000 servers, according to Jessica Davis, managing editor, MSPmentor. MSPmentor features the industry’s top-ranked blog, research, Channel Expert Hour Webcasts and FastChat videos. It is the number one online media destination for managed service providers in the world.
 
About Nine Lives Media
Nine Lives Media, a division of Penton (http://www.penton.com), defines emerging IT media markets and disrupts established IT media markets. The company’s IT channel-centric online communities include MSPmentor (http://www.MSPmentor.net), The VAR Guy (http://www.TheVARguy.com) and Talkin’ Cloud (http://www.TalkinCloud.com).
 
About ProfitStars
As a diverse, global division of Jack Henry & Associates, ProfitStars combines JHA's solid technology background with the latest breakthroughs in five performance-boosting solution groups – financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile. Explore the power of ProfitStars-enhanced performance at www.profitstars.com.
 
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc.® (NASDAQ: JKHY) is a leading provider of computer systems and electronic payment solutions primarily for financial services organizations. Its technology solutions serve more than 11,300 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking® supports banks ranging from community to mid-tier institutions with information processing solutions. Symitar® is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars® provides best-of-breed solutions that enhance the performance of domestic and international financial institutions of all asset sizes and charters using any core processing system, as well as diverse corporate entities. Additional information is available at www.jackhenry.com.