Monday, January 12, 2009

Complete Company Background

NetUnlimited, Inc. was founded in 1996 as an Internet Service Provider and Structured Cabling Provider serving the Triad area of North Carolina.

In 1998 NetUnlimited added Network Solutions as a service offering and in 1999 added E-hosting Solutions. The growth of the four divisions and the success of the company attracted the attention of Winston-Salem investor Andrew Filipowski. At the time, NetUnlimited had $3.1 million in annual revenues with 22 full-time and 13 part-time employees.

After a substantial investment from Filipowski’s venture capital firm, NetUnlimited grew to $10 million in annual revenues by 2002 with 80 employees (35 in the Structured Cabling division alone). Filipowski’s Chicago-based divine Interventures assumed operating control of the company in February 2002.

In October 2002, NetUnlimited senior managers Robin Yates and Thomas Moore executed a management buy-out of the Structured Cabling division and formed a new equal partnership called NetUnlimited Cabling Solutions, LLC.

In January 2007, NetUnlimited Cabling Solutions bought the 50% ownership from Mr. Yates. The company is currently owned and operated by Mr. Moore.

Winston-Salem-based NetUnlimited Cabling Solutions has 14 employees and average annual revenues of $1.9 million. The company’s service area is within five hours of the Triad.

For a complete company overview, please visit our Web site at www.netunlimited.com. A list of current clients also is available upon request.