Scottsdale, AZ (PRWEB) October 8, 2010
NETtime Solutions has been ranked No. 3,538 on Inc. magazine’s fourth annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs.
“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”
NETtime Solutions delivers the available anywhere, anytime SaaS time and attendance solution, NETtime, that helps companies maintain compliance with local, state and federal labor laws. NETtime Solutions was ranked #225 in the software industry, which was the second top-performing industry behind the Real Estate sector with a growth rate of 126 percent.
Despite the fact that most of this year’s measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list actually increased to $321.6 billion, up more than 50 percent from last year.
The 2010 Inc. 500|5000 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, be based in the United States, privately held, for profit and independent as of December 31, 2009.
“We are ecstatic that we have been named to the Inc. 5000,” said NETtime Solutions’ founder and CEO, Bahan Sadegh. “It is an honor to be listed among so many great companies and a testimony to our focused efforts to create a great company at a time when the economy has faced so many challenges,” he said.
About NETtime Solutions
NETtime Solutions is the nimble and responsive pioneer of available anywhere, anytime SaaS time and attendance. NETtime helps companies manage their workforce with real-time time and attendance data while maintaining compliance with local, state and federal labor laws.
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