n/Frame profit rises 21 percent in first quarter

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Indianapolis-based IT disaster recovery firm n/Frame said today that profit rose 21 percent in the first quarter from the same period a year earlier. Actual dollar figures for profit or revenue were not disclosed.

But n/Frame Chief Operating Officer Robert J. Alcorn said his firm expects to exceed the 21-percent growth rate in 2007.

n/Frame was acquired in February by Continental Broadband Inc., a subsidiary of Norfolk, Va.-based Landmark Communications Inc. Terms of the deal were not disclosed.

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