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All Press Releases for October 23, 1999 Subscribe to this News Feed      
 

INTELLINET TECHNOLOGIES HAS BEEN SELECTED FOR THE INC. 500 AS ONE OF THIS YEAR'S FASTEST-GROWING COMPANIES

Telecom Software Developer Debuts at Number #255;
Achieves 1,086% Growth in Five Years

     Melbourne, FL, October 22, 1999 - IntelliNet Technologies, a leading developer of Wireless and Intelligent Network applications, has been named one of the fastest-growing companies in the country by Inc. Magazine, which recently released its annual ranking of the Inc. 500, the comprehensive guide to America's fastest-growing private companies.
     The Inc. 500 is an exclusive report on the companies and CEOs who are changing the face of American business. Noteworthy alumni include such household corporate names as Microsoft, Timberland and Dominos Pizza.
     "Debuting at number 255 on this prestigious list is truly an honor," said Anjan Ghosal, President and CEO of IntelliNet Technologies, Inc. "We have worked very hard over the past eight years to provide our customers with the highest-quality products and services. We consider our 'success' a by-product of making our clients successful. We never imagined that this 'by-product' would make us one of the fastest-growing companies in the country!"
     This marks the 18th year that Inc. has charted the progress of America's most innovative and successful entrepreneurs. To be eligible for the Inc. 500, companies have to be independent and privately held through 1998, have at least $200,000 in sales in the base year, 1994, and their 1998 sales must have exceeded their 1997 sales. The ranking is based on the percentage increase in sales from 1994 through 1998. Holding companies, regulated banks and regulated utilities are not eligible. Inc. verified all information using tax forms and financial statements from certified public accountants and by conducting interviews with company officials.
About Inc. - Inc. is the leading magazine written for men and women who own and manage small-to-mid-sized, fast-growing companies. Published 18 times per year, Inc. helps its 2 million readers by providing expert advice and practical solutions as they face the opportunities, pitfalls and rewards of growing a company.

About IntelliNet Technologies, Inc. - IntelliNet has been providing telecom technical expertise in the areas of AIN, SS7, GSM, IP, ISDN, PCS, TMN and IS41 since its inception in 1992. IntelliNet also develops and markets the IntelliSS7 Application Development Environment (ADE), a suite of platform-independent application development tools (INAP, IS41C, GSM-MAP, AIN, IS634, LIDB, LNP) designed to ease Wireless and Intelligent Network Application development running on an SS7 or IP network. IntelliNet has also recently been named to Software Magazines' Software 500, Telecom Business Magazine's Top 500, Deloitte & Touche's Technology Fast 500 and as the 55th fastest-growing private company in the state of Florida as ranked by the University of Florida's Florida 100.

For more information contact:
Brian K. St.Ours
IntelliNet Technologies, Inc., 1990 W. New Haven Ave., Suite 312, Melbourne, FL 32904
Ph: (407) 726-0686  Fax: (407) 726-0683  Email: bstours@intellinet-tech.com

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