TAMPA, FL--(Marketwired - Jun 14, 2013) - LabTech Software (www.labtechsoftware.com), the only powerful, robust-featured remote monitoring and management (RMM) platform developed by a managed service provider (MSP) for managed service providers, today announced that the Business Observer has ranked CEO and founder Matt Nachtrab in their list of winners for Entrepreneur of the Year. Florida's leading newspaper for the C-Suite called Nachtrab an "IT Biz Wiz" for growing LabTech from a five-person software company into a national success story with more than 200 employees generating millions in revenue.

"I'm flattered and honored by this recognition. We look at our success as a joint effort that takes great partners and great colleagues working as one," said Nachtrab. "We've grown incredibly fast over the past few years, and this growth is due entirely to our expanding partner base that continues to rely on us and trust us with their RMM needs."

LabTech's continued growth has been fueled by its 2010 partnership with ConnectWise, the leading provider of IT services automation software. Over the last three years since the partnership, LabTech has grown from 59 employees and $2.46 million in revenue to 210 employees generating more than $23 million in revenue.

"Joining forces with ConnectWise, an entrepreneurial company equally dedicated to excellent service and innovation is another driver of our success. We really took off after the two companies came together and realized the many synergies," added Nachtrab.

Nachtrab has a bachelor's degree in electrical engineering and computer science from Vanderbilt University and an MBA from Indiana's Kelley School of Business.

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About LabTech Software
LabTech Software is the developer of the only remote monitoring and management (RMM) platform developed for managed service providers (MSP) by MSPs. Designed and developed by system administrators with years of experience in the IT services industry, LabTech's focus is to drive the power of IT automation. This affordable agent-based platform closely emulates what technicians do in the field by performing IT support and management tasks and processes remotely, efficiently and non-intrusively. LabTech is the most powerful, feature-rich and widely-sought RMM platform in the IT service provider space today. For more information please visit www.LabTechSoftware.com or call 877-522-8323.

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Jessica Boardman
Greenough for LabTech Software