Inc. Magazine Unveils 31st Annual List of America’s Fastest-Growing Private Companies—the Inc. 500

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ClearOne Advantage ranks No. 392 on the 2012 Inc. 500 with three-year sales growth of 959%.

Inc. magazine today ranked Maryland-based ClearOne Advantage No. 392 on its 31st annual Inc. 500|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 entrepreneurs. Companies such as Microsoft, Zappos, Intuit, Jamba Juice, Zipcar, Clif Bar, Vizio, Oracle, and many other well-known names gained early exposure as members of the Inc. 500|5000.

“We were thrilled to be included in Inc.’s prestigious list of fastest growing private companies. The distinction is a testament that our dedication and hard work in creating a viable, full service debt resolution provider that delivers superior debt negotiation and attentive, tailored customer service to our clients has truly paid off in the five years since we formed,” said Tomas Gordon, CEO of ClearOne Advantage.

ClearOne Advantage was the highest ranked Maryland-based financial service company on the 2012 list and the twenty-fifth ranked financial service company nationally. The company also landed in the top ten fastest growing Baltimore, Md. based private companies, at No. 6.

The 2012 Inc. 500, unveiled in the September issue of Inc. (available on newsstands August 21 to November 15 and on Inc.com), is the most competitive crop in the list’s history. To make the cut, companies had to have achieved a staggering minimum of 770% in sales growth. The Inc. 500’ s aggregate revenue is $15.7 billion, with a median three-year growth of 1,431 percent. The companies on this year's Inc. 500 employ more than 48,000 people and generated over 40,000 jobs in the past three years. Complete results of the Inc. 500|5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/500.

"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. magazine Editor Eric Schurenberg.

Methodology
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/500.

About Inc.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com.

About ClearOne Advantage, LLC
ClearOne Advantage is a full-service debt resolution company providing resolution of credit cards and other unsecured debts. Our executive leadership team is comprised of financial industry professionals with expertise in many of the industries that provide consumer lending services, making ClearOne Advantage the obvious choice when looking to resolve debt. In addition, ClearOne Advantage is a technology leader with its AdvantagePOINT software platform, which is designed to provide clients with stream lined service. To learn more about the products and services that make ClearOne Advantage an easy choice in debt resolution, call 1-888-785-5376 or visit http://www.ClearOneAdvantage.com.

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John Wrinn
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