Agio Technology Rises to 24th of Top 100 Managed Service Providers

NEW YORK, NY – March 02,2011 – After just two years in business, Agio Technology, a managed IT services provider to the nation’s premier hedge funds, has landed again on Nine Lives Media Inc.’s fifth annual MSPmentor 100 list, a distinguished list and research report identifying the world’s top 100 managed service providers (MSPs). A managed service provider provides delivery and management of network-based services, applications, and equipment to enterprises or other service providers.

Agio was ranked 11th in the Top 20 Most Recurring Revenue Dollars Added (net gain over 2010) worldwide and, in a first-ever list identifying North America’s top 200 MSPs, ranked 19th.

“We’re very excited to have made such a great climb up the MSPmentor 100 list – from 43rd last year to 24th this year. Our employees have worked tirelessly to raise the bar in supporting the hedge fund community. We are continuing our focus of growing our business, improving our client experience and boosting employee engagement,” says Bart McDonough, Agio’s CEO. “Our goal is to be the best. We don’t take that statement lightly.”

The MSPmentor 100 report is based on data from MSPmentor’s global online survey conducted October-December 2011. The MSPmentor 100 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.

“MSPs on this year’s global 100 list lifted their annual recurring revenues 28 percent to $1.04 billion, an incredible showing considering the economic uncertainty all IT services providers faced,” said Joe Panettieri, editorial director of Nine Lives Media. “Those MSPs are now managing 2.7 million desktop and mobile devices for customers, an incredible jump of 50 percent from 2010.”

MSPmentor, produced by Nine Lives Media, is the ultimate guide to managed services. 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.

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About Agio Technology (www.agioIT.com):
Agio Technology provides high-end technology infrastructure and data management services to the nation’s premier hedge funds. By managing the technological complexities required to run a competitive hedge fund in today’s market, Agio enables clients to focus their resources and time on their core competency: trading. Agio manages the technology infrastructure supporting the most operationally complex hedge funds in the world, and has already secured some of the largest U.S.-based hedge funds as clients. The firm opened its doors in January 2010 with corporate headquarters in New York, operational headquarters in Norman, OK, and satellite offices in San Francisco, Boston, Dallas, Seattle, London and Hong Kong.

About Nine Lives Media Inc.
Nine Lives Media Inc. defines emerging IT media markets and disrupts established IT media markets. Founded in 2008, Nine Lives Media Inc. has generated profitable, debt-free growth since its inception. The company’s market leading blogs and online destinations include MSPmentor (www.MSPmentor.net), The VAR Guy (www.TheVARguy.com), Talkin’ Cloud (www.TalkinCloud.com), VARtweet (www.VARtweet.com) and MSPtweet (www.MSPtweet.com). For more information, visit www.NineLivesMediaInc.com.

Contact:
Agio Technology:
Matt Matos, Marketing Coordinator
(405) 217-3823 or matt.matos@agioIT.com

Nine Lives Media Inc:
Joe Panettieri, Editorial Director
631-423-3536 or joe@ninelivesmediainc.com

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