In 2007, Lumison is delighted to have seen another excellent year of sustainable growth, recording 118% growth in EBITDA and 144% growth in pre-tax earnings.

Not content to rest on their laurels, Lumison matched this growth with a further £1m investment in their Edinburgh datacentre, alongside the recent acquisition of a 11,000 sq ft datacentre facility in London.

Dr Aydin Kurt-Elli, Lumison CEO said of the performance to date, “Many in our sector have chased revenue without any concern for the business basics. We know that in order to continue delivering great service to our clients, we have to grow and perform sustainably. We believe that we are getting that balance right, and the growth in our SME and corporate client base appears to confirm this.”

In the context of the current economic climate and the ubiquitous 'credit crunch' however, Dr Kurt-Elli is not complacent. “We recognise that the coming few years will prove challenging those of us in this sector, given the need for continued capital investment in systems and services. Despite this, we see opportunities for those who invest sensibly, whether organically or through acquisition. At Lumison we will work hard to ensure we maintain our past record for sustainable growth and continued investment for the future.”

In the wake of the growth in earnings, the Lumison board has also been joined by Grahame Davies, chairman of LINX (the London Internet Neutral Exchange) and former Managing Director of Demon Internet and Group MD of Easynet plc. His addition to the board has come at a time of exciting growth and ambition at Lumison.