Anteo Group reports a four fold revenue increase in 2004

Anteo Group, a Atlanta and London based ROI Consulting, project based Information Technology Staffing and PeopleSoft Consulting Company, announces a four fold revenue increase from $2.1 million in 2003 to $8 million in 2004.

Anteo Group was founded by Dion DeLoof and James Yeagle in June 2002 in Atlanta with a focus on providing quality ROI and IT staffing services, while maintaining personal relationships with clients and consultants. In August 2004, Anteo Group’s Atlanta office launched a PeopleSoft Consulting Practice and expanded the practice to the UK office in October 2004 due to increased success.

We can’t thank our clients and consultants enough for our continued growth, said Anteo Group President Dion DeLoof. It has really been our client and consultant referrals that have enabled our growth. We are continually grateful for the trust they place in us.

Since 2002, Anteo Group’s Atlanta office has built and maintained client relationships with small companies of 20-50 people up to Fortune 500 sized companies such as ADP, Earthlink, CNN, Harland, Global Payments, Connecture, Golden Coral, Macquarium, Mercedes-Benz, Matria Healthcare, Summit National Bank, Chugach Electric, Amvescap/Invesco, and many more. Some of Anteo Group’s new customers for the year include: Choicepoint, Earthlink, The Weather Channel, Definition 6, CompBenefits, Genuine Parts, GuardedNet, and The Network.

Anteo Group’s London office opened in April 2003 and has already launched projects with ADP, Time, Ralph Lauren, Walker Greenbank, Systematic, Sun Chemical, Beko, FT Interactive Data, Intergence Systems, FaberMaunsell, PDF Factory, and MIS UK. In June 2004, Anteo Group UK opened a new office in central London due to customer demand.

In addition to the extensive client list, Anteo Group?s internal employees increased 137% and external consultants increased 300% since December 2003.

Also in 2004, Anteo Group was named one of Atlanta Business Chronicle’s A Employers - Best Places to Work in Atlanta, Catalyst Magazine and Grant Thorton’s Top 50 Entrepreneurs, and Entrepreneur Magazine and Dun & Bradstreet’s Hot 100, America’s Fastest Growing New Businesses.

2004 was a challenging year for the technology sector, and we are extremely pleased with the overall increase in business and new clients, said Anteo Group Director of Resourcing Vince Mayers.

We expect 2005 to be a good year for the technology services industry as corporations and companies start to replace overloaded enterprise infrastructure and applications. Our growth this year would not have been possible without our great staff, consultants and clients.