Southeastern Equipment & Supply Named to Prestigious Inc. 5000 List

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Online sales of new and used cleaning equipment help lead Southeastern Equipment to three-year sales growth of 286.7%

Southeastern Equipment & Supply, Inc. (http://www.southeasternequipment.net ), the leading online source for reconditioned and new floor scrubbers and floor buffing and cleaning equipment, is very proud to announce that they have been named as one of the fastest-growing private companies in the U.S. by Inc. magazine. Over the past three years, Southeastern Equipment has experienced revenue growth of over 286%, earning them a spot at No. 1,326 on the 2008 Inc. 5000 list.

This is the first appearance on the renowned Inc. 5000 for Southeastern Equipment, which is a family-owned and operated business founded in 2001 by Lee and Grady Martin. The Martin family has industry roots going back three generations to the mid-1960s, when LeRoy "Roy" Martin started a janitorial supply and chemical manufacturing company to serve the needs of large contractors. Southeastern Equipment sells, leases, and resells new and used floor cleaning equipment to businesses, warehouses, and distribution centers in 25 countries from their headquarters in West Columbia, SC.

Southeastern Equipment's strong growth is due in large part to the dominant presence they have established online for sales of reconditioned cleaning machines at costs of 50% to 60% less than new equipment. Nearly half of the company's 12,000-square-foot facility in South Carolina is dedicated to used equipment, and there are over 500,000 items in their online catalog, from floor scrubber parts to upright vacuum cleaners.

This is the third time this year that Southeastern Equipment has been recognized for their dynamic sales growth. In February, Tennant Company rewarded Southeastern Equipment with an incentive trip to Africa in recognition of their growth of 143% from 2006 to 2007 in sales of Tennant products. In June, Southeastern Equipment's marketing and sales efforts earned the 2007 Advance Commercial Achievement Award from Nilfisk-Advance.

In addition to their general rank of 1,326, Southeastern Equipment was ranked No. 51 out of the top 100 retail companies on the 2008 Inc. list. The list measures revenue growth from 2004 through 2007. To qualify for placement, companies must be U.S.-based and privately owned, independent - not subsidiaries or divisions of other companies - as of December 31, 2007, and have had at least $200,000 in revenue in 2004 and $2 million in revenue in 2007.

For more information, please visit http://www.southeasternequipment.net. Media inquiries may be directed to Grady Martin at 803-252-0100 or gradym@southeasternequipment.net

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