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TMCNet:  IT-Lifeline Increases Revenue; Expands Into Ten New States During 2013

[January 02, 2014]

IT-Lifeline Increases Revenue; Expands Into Ten New States During 2013

SPOKANE, Wash. --(Business Wire)--

IT-Lifeline, a provider of comprehensive disaster recovery and compliance testing solutions for the financial services industry, announced the company increased revenue by 11 percent and expanded into ten new states in 2013, including Alabama, Illinois, Pennsylvania, Georgia, Kentucky, Nevada, North Carolina, Washington DC, Virginia and Wisconsin. The company attributes its growth to increasing awareness of regulatory requirements associated with business continuity and a growing demand to reduce risk and protect stakeholders.

IT-Lifeline's 2013 milestones were announced in the following news releases:

  • Jack Henry & Associates Expands Relationship with IT-Lifeline and Disaster Recovery Solutions Available for Banks and Credit Unions Nationwide
  • IT-Lifeline Provides Disaster Recovery Pst-Test Analysis to Enable Banks and Credit Unions to Identify and Fix Obstacles to Business Continuity Efforts
  • IT-Lifeline Upgrades to 10-gigabit Ethernet Network to Enable Banks and Credit Unions to Recover Key IT-Systems Faster, More Efficiently
  • IT-Lifeline Sees 50 Percent Increase in Disaster Recovery Compliance Tests for Banks and Credit Unions; Expands Into Four New States since January
  • IT-Lifeline Implements Unique On-boarding Process to Enable Banks and Credit Unions to Comply with FFIEC Guidelines for Disaster Recovery
  • IT-Lifeline Implements Educational Initiative to Enable Banks and Credit Unions to Speedup Recovery of Key IT Systems Based on FFIEC Guidelines


"IT-Lifeline's growth is a direct result of our being able to help banks and credit unions to cope with the increasingly complex compliance requirements when preparing business continuity plans," said Brandon Tanner, VP of IT-Lifeline. "Our solutions enable financial institutions to meet changing regulatory requirements, recover important data faster and reduce risk in the most efficient manner possible."

About IT Lifeline

IT-Lifeline is the leading provider of comprehensive disaster recovery and compliance testing solutions for the financial services industry. The company's solutions enable bank and credit unions to test the organization's compliance with FFIEC requirements for business continuity and disaster recovery, alongside the institution's ability to protect data and quickly recover key IT operational systems after a system failure or other type of disaster. The company provides compliance testing and recovery services for banks and credit unions nationwide and has been focused on the financial services industry since 2002. Additional information is available at www.itlifeline.net.


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