Point One Technologies Makes 2010 Inc. 500 List

Anaheim, CA (PRWEB) August 25, 2010

Point One Technologies and sister company UncleVic.com, a wholesale distributor, and online retailer of discount consumer electronics, announced making the 2010 Inc. 500/5000 annual list of fastest growing private companies in the US.

The 2010 Inc. 500 is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. The companies of the Inc. 500 represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/500.

Point One Technologies was ranked #158. This ranking was based on a 1,770% growth rate from 2006 to 2009 based on revenue growth from $16.7 million in 2006 to $312.3 million in 2009. For more information go to http://www.inc.com/inc5000/profile/point-one-technologies.

Point One and sister company UncleVic.com ranked:

•     #158 fastest growing company overall http://www.inc.com/inc5000/profile/point-one-technologies
•     #5 nationwide in terms of gross revenue growth http://www.inc.com/inc5000/list/top/gross-dollars-of-growth
•     #9 in consumer products category http://www.inc.com/inc5000/list/industry/consumer-products-services

“It’s been a wild ride and there’s no slowing down,” says Vikas Vanjani, President of Point One Technologies and UncleVic.com. “We are fortunate to see demand increase significantly for lower cost high value products. As the wholesale business continues to grow, we are also very pleased with the transformation of UncleVic.com from an obscure website 18 months ago into what is now a well-positioned online retailer.”

Point One Technologies sources electronics and accessories from big-brand manufacturers and sells them at a discount to retailers in the U.S., Mexico, and other markets. Its products include new, overstock, spot-buys, and factory re-certified and refurbished items. Its sister company, UncleVic.com, retails similar products in addition to gaming, wireless, and consumer electronics products.

“This is an enormous accomplishment,” says Ruben Varela, Point One’s Vice President of Business Development. “Even to make it in the Inc. 5000 is a great feat, but to break into the 500 and have the incredible growth we have experienced is a testament to the teamwork and family-like atmosphere we have here at Point One and UncleVic.com.”

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