Genilogix Named One of the Fastest Growing Companies by INC. Magazine
Inc. magazine today announced its 25th annual Inc. 500 ranking of the fastest-growing private companies in the country. Genilogix ranks No. 459 on the list, with three-year growth of 325 percent.
New York, NY (PRWEB) October 9, 2006 -- Inc. magazine today announced its 25th annual Inc. 500 ranking of the fastest-growing private companies in the country. Genilogix ranks No. 459 on the list, with three-year growth of 325 percent.
Genilogix provides Software Testing and Optimization services to Fortune 2000 companies with a vertical focus on Pharmaceutical and Financial companies. Genilogix is also known for their Automated Test Accelerators for SAP, Siebel, Oracle e-Business Suite, and FDA Computer Systems Validation.
The 2006 Inc. 500, as revealed in the September issue of Inc., reported the most robust bunch of companies the magazine has ever compiled, with aggregate revenue of $19.7 billion, up from $16.5 billion last year and $12.9 billion in 2000. The two largest companies on this year’s Inc. 500 are the biggest ever to make the list – No. 170 Western Refining ($3.4 billion in revenue) and No. 376 Newegg.com ($1.26 billion) – and the third and fourth companies in Inc. 500 history to crack the billion-dollar mark. In all, 14 companies topped $200 million in annual revenue, compared with 11 last year.
Most important, the 2006 Inc. 500 companies were engines of job growth, having created more than 90,000 jobs since those companies were founded.
This year’s list is the first to include businesses that started up immediately before and after September 11, 2001 – including the No. 1 company and 20 companies in the top 50 – as well as many companies that had to raise capital after the dot-com bubble burst. In total, 104 companies listed on this year’s Inc. 500 were started after 2000.
“If you want to find out which companies are going to change the world, look at the Inc. 500,” said Inc. Editor Jane Berentson. “These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can’t live without. The Inc. 500 list is Inc. magazine’s tribute to American business ingenuity and ambition.”
Robert Levine, founder and president of Genilogix is honored to be part of such a prestigious list. “This honor is a tribute to our Genilogix associates because they are a great group to work with and our clients continue to bring us back, refer us and help us grow.”
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