IncBizNet, Business Network for Private Companies
NEW YORK (PRWEB) October 27, 2008
This announcement marks the third consecutive year that Mimeo.com has ranked amongst the 5,000 fastest growing companies in the country. Due to its significant growth, Mimeo.com has recently opened a sales office in San Mateo, California and is currently developing plans for further expansion. The company has also made several key hires in 2008 tapping some of the printing industry's top talent.
"We are honored that Inc. continues to recognize Mimeo.com for all its success and growth over these past few years," stated Adam Slutsky, Chief Executive Officer of Mimeo.com. "2008 is a very exciting year for Mimeo. After making several key hires and launching industry changing products, we still have monumental announcements to make throughout the remainder of the year that are sure to project this company's success even further. We look forward to making 2008 our best year ever and thank Inc. once again for this recognition."
"Our second annual Inc. 5000 continues the most ambitious project in business journalism," said Inc. 5000 Project Manager Jim Melloan. "The Inc. 5000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth."
The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at http://www.inc5000.com.
Hottest Regions for Fastest-Growing Companies
The New York metro area tops the Inc. 5000 list with the most companies of any city with 355. Washington, D.C. comes in a close second with 300 companies on the list; Los Angeles comes in third with 244 companies, and Atlanta (194 companies) and Chicago (189 companies) round out the top five. Interestingly, only 62 companies on the Inc. 5000 are not based in metropolitan areas.
Grand Rapids, Mich. leads the list with the highest median revenue of any metro area ($26.2 million, 16 companies), followed by San Antonio, Texas ($21.3 million, 25 companies), Baton Rouge, La. ($18.8 million, 14 companies), Houston ($17.1 million, 97 companies), and Kansas City, Mo.-Kan. ($16.5 million, 39 companies).
Hottest Industries for Fastest-Growing Businesses
The most notable median growth categories among the Inc. 5000 fastest-growing businesses are in the Energy category (which grew by 298%), followed by Government Services (which grew by 220%), Security (200% growth), IT Services and Software (both grew by 187%), and Consulting (which grew by 182% on average).
The largest business category is IT Services, with 579 Inc. 5000 companies. Business Services (532 companies), Construction (459), Manufacturing (405), and Advertising & Marketing (361) complete the top five industries ranked on the 2008 Inc. 5000.
Industries reporting the highest median revenue are Travel ($38.8 million), Financial Services ($16.3 million), Logistics ($15.4 million) Government Services ($14.2 million), and Energy ($14.2 million).
Mimeo.com is the innovator of online, on-demand printing for business documents and marketing materials. It is both the fastest growing company in the online printing services market and among the fastest growing private companies in the country. Mimeo.com has achieved more than 40% revenue growth with expanding margins in each of the last four years, which it has accomplished organically and without yet tapping the even larger international markets.
Founded in 1998, Mimeo.com has revolutionized the traditional print industry, enabling busy professionals to print online and enjoy total control over the preparation and delivery of their documents, right from their computers. Every order is printed on-demand, bound and delivered from Mimeo.com's centralized, highly automated 140,000 square foot production facility, ensuring consistency, superior quality and quick turnaround for every order.
Mimeo.com allows companies to operate in real-time by meeting their printing needs with speed and efficiency, guaranteeing overnight delivery in North America on any order placed by 10:00 p.m. EST. The online document printing company has received numerous accolades for technology, innovation, and rapid growth including such honors as the Red Herring 100, Inc.500, AlwaysOn100, Deloitte Fast 50 and Deloitte Fast 500 awards. Clients range from small and mid-sized businesses to Fortune 50 companies, including Burger King, Citigroup, Delta, and Pfizer.
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The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, 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 2007.
Companies can apply for next year's Inc. 5000 by registering with "IncBizNet, Business Network for Private Companies", at http://www.incbiznet.com.