Bmigaming.Com Achieves Top 100 Company Status With 2800% Sales Growth On Hot 100 List Compiled By Pricewaterhousecoopers And Entrepreneur Magazine
BMIGaming.com, a nationwide online distributor and re-manufacturer of arcade, video and sports games and amusement products to residential and commercial clients, grabs a spot on Top 100 Fastest Growing Companies in America for posting over a 2800% growth rate over the past three years.
Boca Raton, Florida (PRWEB) May 31, 2006 -- BMI Gaming, Inc. announced today that Entrepreneur Magazine and PricewaterhouseCoopers have just released their highly anticipated listing of the fastest-growing companies in America.
This year's honorees cross a wide spectrum of industries, from real estate and tech firms, to banking and online auto and arcade game firms. After posting rapid revenue growth for 2005, BMIGaming.com was honored as the 87th fastest growing company in the nation, and joins such up and coming firms on the 2006 list as Huron Consulting, Kayak.com, LogoWorks.com, Sierra Logic and CommerceWest Bank.
The 12th Annual Hot 100 list was compiled from an initial list of fast-growth firms supplied by PricewaterhouseCoopers, Thomson Financial, and the National Venture Capital Association (NVCA).
This year marks the first time BMI Gaming has appeared on the list.
Founded by CEO David Young in 2002, BMI Gaming is the nation's leading online arcade game distributor and re-manufacturer, offering a broad line assortment commercial-quality amusement devices for both residential and commercial use, with its headquarters based in Boca Raton, Florida.
BMI Gaming specializes in marketing its coin-operated gaming products to the rapidly emerging consumer gameroom market, as well as to commercial businesses, non-profits and government entities, and offers a variety of games and game room accessories ranging from $500 to over $150,000.
BMI Gaming was added to the list by its ability to achieve a total sales growth of over 2800% over the last three years. Young attributes the success of his company to the quality of his employees and variety of products.
"Everything starts with great people and products," he says. "There is no way we could have been so successful as quickly as we have been without the dedication and loyalty of our wonderful staff, and the quality of products offered by our valued suppliers."
Each Hot 100 Company must have been started no earlier than 2001, have annual sales in excess of $1 million, have less than 1,000 employees, and founders must be actively involved and have a controlling interest in the business. Entrepreneur reports the average age of a Hot 100 CEO is 41 years, and men outnumbered women on this year's list by more than a 3:1 margin.
This year, the business services industry took the lead with 33 companies on the list, including staffing, advertising and consulting firms falling into this category, and the biggest employer trends this year are keeping employees happy, a greater emphasis on work-life balance, and offering flextime and telecommuting from home.
Hot 100 companies reported a combined total of over $1.7 billion in sales for 2005, a substantial increase from the $795 million reported in 2004, and E-commerce firms came on strong in 2006, with six spots on the list, including BMIGaming.com
For the complete story on the Hot 100, pick up a copy of the June 2006 issue of Entrepreneur Magazine on sale nationwide, or visit: www.entrepreneur.com/hot100
About BMI Gaming:
BMI Gaming, the World's Largest Gaming Superstore ™, owns the largest website of its kind, containing over one gigabyte of online content spanning over 750 pages, and is ranked as the most-visited commercial arcade gaming site in the world by Alexa.com.
It currently offers over 1,100 commercial-quality, new and pre-owned coin operated classic and modern video games, pinball machines, jukeboxes, pool tables, sports and table games, dart machines, poker tables, slot machines, kiddy and amusement rides, vending machines and many other gaming-related items. BMI Gaming also owns the largest retail gaming showroom the world, with over 200 games on working display, and plans to establish several additional retail locations, as well as placing internet-enabled kiosk stores at various major regional malls throughout the nation.
BMI Gaming's customers range from singles, young families, baby boomers and retired folk to Wall Street traders, top executives, sports, rock and movie stars to arcades, amusement parks, family entertainment centers, bars, restaurants, assisted-living facilities, NPO's, local, state and federal government entities and Fortune 1000 firms throughout the USA, Canada, Mexico and in select countries throughout the world.
BMI Gaming has been written about and featured in numerous local and national newspapers, magazines, radio and television shows. For more information about BMI Gaming, please visit http://www.bmigaming.com or call 561-391-7200.
Information Contact:
BMI Gaming | Public Relations
1-800-PINBALL / 1-561-391-7200
Web: http://www.bmigaming.com
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