Northbound LLC Named as one of the Nation's ''50 Fastest-Growing Asian American Businesses'' by the US Pan Asian American Chamber of Commerce Education Foundation : Certified Minority and Women Owned IT Consulting and Implementation Firm Ranks in the Top 10

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Northbound LLC, a leading IT consulting and implementation services provider and preferred vendor for numerous Fortune 500 companies, today announced it has been named by the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC-EF) as one of its 50 Fastest-Growing Asian American Businesses, landing in the top 10 group. Northbound co-founder and Senior Managing Director, Hetal Mehta accepted the award on behalf of the company at special presentation held at the White House on May 28th as part of the 23rd Anniversary “CelebrAasian” Annual National Business Opportunity Conference ’08.

We congratulate our 50 Fastest-Growing Asian American Businesses for generating robust growth over the years—yet another indicator that through innovation, hard work and ingenuity, Asian Americans are at the forefront as engines of growth in our national economy

To qualify for the ranking, companies must be owned by one or more Asian Americans (at least 51% ownership), among other eligibility criteria. Based on percentage revenue growth over three years, selection was determined through direct applications and nominations. All finalists and winners were independently verified by the accounting and consulting firm of BDO Seidman, LLP.

"We are thrilled to be recognized for this prestigious award and to be honored along with so many outstanding Asian American companies," commented Ms. Mehta. "Our nomination, which was actually submitted without our knowledge by one of our customers, is a strong testament to our dedication to customer satisfaction."

"We congratulate our 50 Fastest-Growing Asian American Businesses for generating robust growth over the years—yet another indicator that through innovation, hard work and ingenuity, Asian Americans are at the forefront as engines of growth in our national economy," said USPAACC-EF National President & CEO Susan Au Allen.

The latest Census figures show that there are over 1.1 million Asian American-owned companies, with over $326 billion in business revenues, and employ more than 2.2 million people. This year's Conference theme, "Business Beyond Boundaries: Here & Abroad," addressed the challenges faced by small and minority businesses who feel the impact of onshore and offshore outsourcing activities, among other essential elements for sustainable growth and competition in today's global marketplace.

About Northbound LLC:

Northbound LLC is the trusted IT consulting and implementation services provider for some of the world's largest companies including McGraw-Hill, Wells Fargo, GMAC, Southwest Airlines, Dun & Bradstreet, UBS and IBM. With a top line CAGR of 28% and an uncompromised dedication to quality and professionalism, Northbound LLC is the vendor of choice for mission critical and time sensitive IT outsourcing projects.

About USPAACC-EF:

The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC-EF) was formed in 1984 as a national, non-profit organization representing all Asian Americans and Asian American-related groups in business. USPAACC-EF promotes, nurtures and propels economic growth by opening doors to contract, educational and professional opportunities for Asian Americans and their business partners in corporate America, the federal government, and the small and minority business community in the U.S. & Asia.

Headquartered in Washington, DC, USPAACC-EF has a nationwide reach through Regional Chapters in Northern and Southern California, New York, Texas, Illinois, Georgia, and Washington, DC-Maryland-Virginia in the National Capital Area.

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Tammie Caton
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