Media software firm targets massive growth, to $125M in sales

How will Newswire stay ahead of its core challenges — and the CEO’s up-at-night worries?


  • By Mark Gordon
  • | 10:00 a.m. November 1, 2019
  • | 0 Free Articles Remaining!
Lori Sax. Joe Esposito, left, and Eric Rohrmann have high hopes for fast sales growth at Sarasota-based Newswire.
Lori Sax. Joe Esposito, left, and Eric Rohrmann have high hopes for fast sales growth at Sarasota-based Newswire.
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Joe Esposito has a been-there, done-that approach to overseeing super-fast growth — having once before led a company from $10 million to $125 million in sales in five years.

Esposito says another opportunity to scale a $100 million company quickly is in his sights. The company is Sarasota-based Newswire, a media/public relations firm with a software twist. It offers automated press releases and outreach to media professionals through its proprietary system, which utilizes a Software-as-a-Service model with monthly and quarterly payments. The program is called the Earned Media Advantage Guided Tour and includes a Newswire consultant to complement the software. “This is an opportunity I’m so optimistic about [that] sometimes I have to temper my enthusiasm,” Esposito says.

 

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