Video Guidance Recognized for Continued Growth, Again Named to “Inc. 5,000”

November 3, 2011

Tools

Q3 revenues up 55 percent over 2010

BLOOMINGTON, Minn.--(BUSINESS WIRE)-- Bloomington, Minn.-based Video Guidance, the leading strategic visual communications company in the Upper Midwest, continues to grow alongside an explosive multi-billion collaboration market. With third quarter revenues up a whopping 55 percent over last year, Video Guidance is on track to surpass its annual, year-end goal of double-digit growth of 29 percent with booked sales up 33 percent.

Video Guidance attributes its strong performance to new business it is realizing from new markets, including Wisconsin and North Dakota. In addition to new clients, the company is also enjoying additional and expanded business opportunities with current customers.

The company’s success has not gone unnoticed. Video Guidance has again been named to the “Inc. 5,000” list of the nation’s fastest growing private companies, a recognition the company has earned for five consecutive years. Video Guidance is also one of Minnesota’s top 100 private companies and one of the nation’s top private telecommunications companies.

As an independent provider of visual communications, Video Guidance partners with the world's leading video conferencing manufacturers to implement customized strategic communications. The customer-focused company differentiates itself by providing “best of breed” technologies and unlimited applications to help its customers to communicate more effectively and to exceed their business goals.

“From video conferencing, to distance learning, to telemedicine, we help our clients imagine the possibilities of visual communications,” said Michael Werch, president and CEO of Video Guidance. “In addition to significantly reducing expenses, visual communications is helping them meet their mission-critical business objectives, including improved collaboration, accelerated decision-making, and expert on-demand and distance learning capabilities. These benefits have value that cannot be measured in cost savings alone.”

Video Guidance features VG Connect™, an industry-unique integration of video conferencing tools that combines HD video, voice, multi-point bridging and gateway programs into one easy-to-use, cost-effective service. VG Connect’s array of bundled, cloud-based conferencing services takes the burden of owning, supporting and troubleshooting the technology off of our customers.

About Video Guidance
Founded in 1999, Video Guidance is privately held and headquartered in Bloomington, Minn. Video Guidance is an independent partner of Cisco, Polycom and LifeSize, and maintains strategic alliances with Conference Plus, On Stream Media Corporation, VQ Communications, VBrick, and Accordent.

For further information, contact Michael Werch, president and CEO of Video Guidance: 952-400-2555.