"We believe our products are recession-proof and poised to do even better in this environment," says Mr. Nour. "(Protus's solutions) are the types of products people are looking for in this kind of climate."
He says Protus's MyFax software - which allows customers to send and receive faxes via e-mail without the need for a physical fax machine - is the second-ranked service of its kind with almost 300,000 subscribers worldwide. Its new hosted my1voice PBX service, launched just last year, has already gained 3,000 subscribers, with 700 or 800 more added each month, and Mr. Nour says the recently acquired Campaigner e-mail marketing line is in the top five in its space.
"Continuous and sustainable growth requires longer-term thinking, including planning to introduce more products that will bring significant benefits to target markets," he notes. "Less than a year ago we had one main product, and now we have two additional products and are able to cross-sell to existing customers."
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In fact, Protus is planning to make more acquisitions towards the end of this year or in 2010, likely in the SaaS space, and it's also looking to grow its workforce to 260 by the end of 2009.
Perhaps the only challenge Protus faces in terms of growth is how to manage its rambunctious expansion wisely. "This year is important for us in making sure we continue to support our growth as an organization without things slipping through the cracks because we're growing so quickly," says Mr. Nour.
