Inc. Magazine Unveils Its Annual Exclusive List of America’s Fastest-Growing Private Companies—the Inc.500|5000
BELLEFONTAINE, OH, Aug 23, 2011 -- Inc. magazine today ranked NetGain Information Systems on the 2011 Inc. 5000 list of the nation's fastest-growing private companies. NetGain, which designs, builds, and optimizes network infrastructures for its clients, grew an impressive 34% over a three-year period, garnering spot number 3920 among prominent brands such as Dunkin Donuts, Spirit Airlines, television maker Vizio, Honest Tea, and Metrokane, makers of the Rabbit corkscrew.
Despite a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
"This award is a testament to the relationships we have built with our clients and our continued commitment to their satisfaction and business success," explained company CEO Michael Minnich, "as growth continues to be organic and largely from client referrals."
NetGain is one of just 186 Ohio companies included in the Inc. 5000. The full list, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About NetGain Information Systems
Many SMBs aren’t aware of the business risks caused by flawed technology and how it impacts their ability to meet strategic objectives. NetGain guides clients to measurably-improved business results through an optimized technology infrastructure. With a keen understanding of the depth and breadth of the operational needs for local government, electrical cooperatives, education, and healthcare, NetGain developed its own proprietary fiber-optic network to deliver metropolitan grade IT strategy and services to rural communities.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
About the Inc. 500|5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 22–24, 2011, at the Gaylord National Resort and Convention Center in National Harbor, Maryland, located minutes from downtown Washington, D.C. For more information about the 2011 Inc. 500|5000 Conference & Awards Ceremony and to register, visit www.inc500conference.com or call 866-901-3205.