Group NBT Sees Web Hosting and Domain Revenue Growth Over Past Fiscal Half

Click here to RSVP to WHIR Events: New York City – March 25, 2010 Chicago – April 22, 2010 Toronto – May 20, 2010 Five Most Recent Posts News: Web Host The Planet Joins Tumblr, Kickstarter, and SoundCloud to Host SXSW Meet-Up Blogs: CO2 Impact on Datacenters News: Controversial Scottish Data Center Build Moves Forward (WEB HOST INDUSTRY REVIEW) — Despite a continuing slowdown in new customer acquisition and slower growth in the existing customer base, UK-based domain name and Internet-related services provider Group NBT ( www.groupnbt.com ) has reported that its half-year revenue for the period ending December 31, 2009 was £21.69 million ($32.6 million) — up 13 percent from the same period last year. Despite the slowdown, partly a result of higher levels of cancellations (some due to insolvencies particularly among smaller customers), the level of recurring revenue in the business remains high and this provides a stable platform on which to build, NBT reported Thursday. NBT saw a revenue growth was 8 percent on a constant currency basis