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Virtual Hold Technology Achieves Record Growth

Akron, OH - August 28, 2007 - Virtual Hold Technology®, LLC (VHT), the leading developer of virtual queuing solutions, announced that the company has achieved record growth in both revenue and employment.

VHT has tripled its revenue and doubled the number of employees during the last three years, according to Greg Garvey, company chairman. The added revenue has enabled the company to increase its office space three-fold in Akron, Ohio, and to open two additional international offices to serve a growing, international client base: one in the United Kingdom and one in Australia.

"Customer satisfaction and improving the customer experience have become ‘front-and-center’ issues for CEOs around the world," said Mark Williams, President of VHT. "Our solution, which reduces the amount of time a customer spends on hold and therefore improves their overall experience with a company, has been proven in the most demanding call centers around the world as a dependable, cost-effective solution for boosting customer satisfaction levels."

Garvey said the growth of the Internet and e-mail-based customer service tools has fed demand for his company’s solution. "While a large number of companies are turning to online help centers, many customers still don’t feel comfortable using that solution; they feel it’s important to reach a live person for assistance," he explained. "So call volume continues to grow, even in an Internet economy, which means sophisticated contact centers must employ our type of advanced queue management software to efficiently serve their customers."

VHT has steadily expanded its product offering and sales infrastructure since the company was founded more than ten years ago. Garvey noted that today, its customers include a who’s who of Fortune 500 leaders in industries that depend on positive customer experiences as their own strategies for growth.

About Virtual Hold Technology

Virtual Hold Technology (VHT) is the leading developer of virtual queuing solutions for Fortune 1000 clients. Since its inception in 1995, VHT’s patented award-winning virtual queuing technology has provided return call solutions focused on enhancing the customer experience for financial services, energy utility, insurance, telecommunications, cable, wireless and retail corporations such as IBM, Bank of America, T-Mobile, Amerigroup, AT&T, Banco Popular, Verizon, Pacific Gas and Electric Company, Time Warner Cable, Ticketmaster, and AVON. To learn how Virtual Hold virtual queuing solutions can help increase customer satisfaction and reduce contact center costs, visit www.virtualhold.com or call 877-886-8187.

Press Release retrieved from Virtualhold.com




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