Packet360 reports second quarter financial performance

7/24/2008 - Glen Allen, VA - Packet360, one of the leading technology integrators in the United States today reported its second quarter results for the period ended June 30, 2008. Packet360 again reported record orders, revenue and net income in the second quarter of 2008. Based on generally accepted accounting principles (GAAP), Packet360 reported revenue growth of 125% and net income growth of 158% over the same period last year. In comparison to the Company’s record first quarter of 2008, revenue grew at 27% and net income grew at over 200%.

“The first quarter of 2008 represented a record for Packet360. I am pleased to report that we broke all records with second quarter revenue growth of 27% and net income growth of over 200% over Q1.” said Kevin Gerber, President and CEO of Packet360. “An increasing contributor to our success is our rapidly growing data center practice. It is a perfect complement to our existing business lines and has been very well received by our mid-market customers. We enter the second half of 2008 with a very strong value proposition especially for customers seeking to cut costs and increase efficiency and productivity. Our strong performance in the first half of 2008 delivered by the best team in the industry, has validated our market strategy.”

About Packet360

Packet360 is a leading mission-critical IT solutions integrator headquartered in Glen Allen, VA providing value-based solutions to enterprise organizations throughout the United States and Canada. Information about Packet360 can be found at http://www.packet360.com.

Packet360, 360Support, 360NET, 360Watch, 360Manage, 360TAC, 360NOC, and the Packet360 logo are trademarks of Packet360, Inc. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Packet360 and any other company. This document is Packet360 public information.

Press Contact(s):

John Riley

Packet360, Inc.

(804) 545-4713

jriley@packet360.com