National broadband company Internode has become SA's 23rd largest company according to the annual inBusiness T100 report, after reporting revenues of $170 million for the past financial year.

Internode, and its associate company Agile Communications, have climbed from position #31 on the T100 chart in the past year, a period when its employee numbers have topped 320. About half of the company's revenues come from outside its home state of SA.

Internode is the largest technology company on the list, significantly ahead of memory manufacturer Legend Corporation and communications manufacturer Codan Ltd.

Internode's Chief Executive Officer Patrick Tapper said he expected Internode's rapid growth rate to continue for the foreseeable future. "Internode has grown by about $30 million annually during the past two years," he said. "We expect to maintain that volume of growth as the company diversifies its products and services to meet the needs of our customers, especially corporate and government organisations.

"Internode has already begun to differentiate itself as an innovative supplier of broadband services that meet the needs of business customers nationally."

Corporate demand for next-generation videoconferencing services is one of the innovations expected to drive an important new area of growth for Internode. The company is ideally positioned to provide corporate customers with the high throughput, Quality of Service-backed data "pipes" that are necessary for enterprise-grade videoconferencing.

As Australia's largest privately owned broadband company, Internode plans to drive growth by diversifying its service range to leverage its tier one international network and deep technical skills. To prepare for this sustained rapid growth, Internode recently aligned its management team to match the corporate structures of its major customers.

The restructure at Internode appointed former group general manager Mr. Tapper as the company's first CEO, CFO Sean Habgood, formerly its financial controller, and a yet-to-be-appointed Chief Information Officer.

The move frees Internode founder and managing director Simon Hackett from daily managerial duties to focus on the company's strategic direction and significant partnerships, including the Terria broadband network consortium.

Internode is a premier supplier of communication services to leading SA organisations including the State Government, ABB Grain, Australian Vintage Ltd, Toop & Toop, National Pharmacies, Clipsal Australia Pty Ltd, Empower Masterpay and Radio Rentals.

About Internode www.internode.on.net

Internode is a first tier IP carrier committed to using broadband technology to redefine the national telecommunications environment. The Australian-owned company is a trailblazer that delivers broadband services to individuals and businesses throughout Australia.

Internode PR for media assistance: Impress Media Australia www.impress.com.au

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