LOS ANGELES, March 27: GlobalTek Solutions Inc., a company founded nearly three years ago in the Carrollton suburb of Dallas, Texas, posted six-figure earnings last year, and with multi-year contracts coming in, has projected a bump in revenues this year that should total several millions and is planning to go public in few years.

What has grabbed the attention of industry insiders and the media is not the company’s rapid growth but rather the fact that GlobalTek Solutions is headed by Shazad Mohamed, the 15-year-old son of Pakistani immigrants.

Since its inception, GlobalTek Solutions has designed Web sites for a company’s internal use, for example, the training of employees over the Internet, or for its external use, such as processing resumes, job applications and conducting electronic hiring.

“We recently got a new customer lead that is a half-a-million dollar project,” Mohamed told Dawn this week.

“So, larger-end, higher scale, more enterprise class solutions is really the area that we’re going after. While that will bring down the number of customers, it will be dramatically increasing our revenue.”

Mohamed founded the company in May of 1999 at the age of 12 with a client base that included family and friends. At that time the company was known as GlobalTek Internet Marketing, its incorporation a birthday present from his uncle.

Having built a portfolio of Web site that he constructed and was able to show the quality of work that was provided for family members and friends, Mohamed succeeded in soliciting business by offering low-cost Web solutions.

One of the first clients was “Health for Today”, a health supplement provider, which asked him to make its home page. In the span of two years, GlobalTek assisted as many as two dozen companies around the country.

Meanwhile, Shazad’s father, who came to the US 30 years ago from Karachi, has now quit his job with AT&T to work full time overseeing the administrative operations of his son’s company.

The company, which started from Texas, has recently been incorporated in tax-free Delaware state.

Mohamed Shahzad first became interested in computers at the age of eight when he and his parents attended a class on basic introduction to computers at the local Ismaili Center Mosque in Carrollton. Once, he grasped the basics, the youngster began exploring the Internet on his own, becoming self-taught in the process.

“Eventually, I got into programming and down into the real inner workings of the computer,” he said.

The company today has a client list of 40 corporate with half of the workforce in Dallas, TX, and the rest here on the West Coast.

“We are planning to hire another 15 programmers and developers,” he said, adding that the recent dot com crash had left his company largely untouched.

“We have extremely low overheads and we heavily utilize collaboration technologies, which allowed us to weather the storm without too much problem,” he said.

Currently, Shahzad is correspondence student of Texas Tech University, after being dropped out from Hebron High School, and meets with a tutor once in a week. He is seriously considering pursuing an MBA degree, or studying law.

“I plan to stick with this business 100 per cent. There is a lot of potential and a lot of prospects,” he said.