NEW YORK, August 23, 2007 – Inc. today ranked Intelliswift No.63 in its list of top 100 fastest growing IT services company in all of USA. It also ranked Intelliswift at No. 555 on its first-ever Inc. 5,000 list of the fastest-growing private companies in the country. The Inc. 5,000, an extension of Inc. magazine's annual Inc. 500 list, catches many businesses that are too big to grow at the pace required to make the Inc. 500. Taken as a whole, these companies represent the backbone of the U.S. economy.
"The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy – the entrepreneurial part," said Inc. 5,000 Project Manager Jim Melloan. "The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like Manufacturing and Construction that are underreported in the business media.
Intelliswift was ranked No.33 in the Top companies in San Francisco-Oakland-Fremont Region. On hearing about the ranking, Pat Patel, CEO of Intelliswift said, "We are thrilled to hear about the ranking. Being ranked by the Inc organization is indeed an honor. I'd like to thank all our employees and clients for standing by us through this exciting journey. This award is one in the line many such awards to come. We are all set to scale more heights and win more kudos."
The 2007 Inc. 5,000, as revealed online at www.inc.com, reported median revenue of $9.4 million and median three-year growth of 140 percent. Complete information on this year's Inc. 5,000, can be found at www.inc.com/inc5000.
The largest business category is Construction, with 561 of the fastest-growing companies in this category, followed by Manufacturing with 515 companies, IT services in third with 466 companies, Business Services with 377 companies and Advertising & Marketing with 349 companies round out the top five industries ranked on the 2007 Inc. 5,000.
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.
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