VoiceLog Ranked 77th in Inc Magazines Inc 500" for 2002

VoiceLog LLC was named number 77 on the Inc 500 list for 2002. In addition, VoiceLog was one of the most profitable companies appearing on the Inc 500 list.

Gaithersburg, MD // October 14, 2002 VoiceLog LLC has been named by Inc magazine as one of the USs fastest growing entrepreneurial companies. The listing appears in Inc magazines 2002 Inc 500" ranking of the nations fastest-growing private companies.

VoiceLog sales grew by 2,108 percent from 1997 -- 2001 to over $7.4 million last year, making it the 77th fastest-growing company on the Inc list. In addition to being in the top 20% of the Inc 500", the company was also one of only six companies in the top 100 to score an A" profit range in both of the last two years.

Founded in 1996, VoiceLog has grown from nothing to become the nations leading provider of Third Party Verification services to the telecommunications, competitive utility, and financial services industries. Companies use VoiceLog services to prevent sales fraud, document transactions and to meet requirements of the Federal Communications Commission and state public utility commissions.

Were very excited about making the 'Inc 500 list and especially being in the top 100," said Cindy Hamilton, Vice President. Its a wonderful sign of recognition of what can be accomplished by people working together with focus and a passion for customer service."

Beyond ourselves, we owe our success to our clients, our employees and our suppliers," said Larry Leikin, Vice President of Sales. While its great to receive this type of award, our real thrill is in wowing our clients with service and providing our people with a great place to work."

VoiceLog was started in 1996 by Jim Veilleux, Larry Leikin and Cindy Hamilton, all veterans of the telecommunications industry. The companys strategy is based on focus, both on its customers and on its services. It pursues no more than one new product line at a time, emphasizing innovation, strong investment and continuous improvement in technology, and tight cost control for all non-essential expenses. Despite its size, the company has an international presence, with contractors as far away as Nepal, and customers throughout Canada and Europe.

For twenty years, the Inc 500" has ranked the nations leading entrepreneurial firms according to sales growth over the previous five years. Former Inc 500 companies that have gone on to become household names include Microsoft, Timberland, Dominos Pizza and Patagonia.

The 2002 Inc 500 shows the resiliency of the entrepreneurial sector.

This is the first 'Inc 500 ranking to reflect the full impact of the recession," said Inc editor John Koten. Yet these entrepreneurs are managing to confound the naysayers and move ahead despite obstacles. Theyre showing that smart strategies can success even in the toughest of times."

We arent done yet," said Jim Veilleux, President of VoiceLog. 2002 sales and profits will be even higher than last year, and were building the kind of solid technology platform that will allow us to delight customers for years to come."

For more information about VoiceLog, call 301-230-2129 or send e-mail to lleikin@voicelog.com. Or visit the VoiceLog website at www.voicelog.com.

VoiceLog is a registered trademark of VoiceLog LLC.

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