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America's 5,000 Fastest-Growing Private Companies Revealed 5,000 Fast-Growth Companies to Quell Your Recession Fears - List Reports Aggregate Revenue of $185 Billion STATERA, Inc. Ranks No. 2849 on the 2008 Inc. 5,000 With Three-Year Sales Growth of 126.2% NEW YORK, NEW YORK, August 22, 2008 - Inc. today ranked STATERA, Inc. Company No. 2849 on its annual ranking of the 5,000 fastest-growing private companies in the country. The list is the most comprehensive look at the most important segment of the economy - America's independent-minded entrepreneurs. Taken as a whole, these companies represent the backbone of the U.S. economy. "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." "It is a huge honor to be included among the 5000 fastest-growing private companies in the United States," said Carl Fitch, CEO of Statera. "To be recognized among so many successful companies is evidence that Statera's mission to strive for excellence and build clients for life continues to pay off." "Being recognized in this prestigious group of companies is proof that it is possible to be successful as a technology firm in spite of the current economic conditions in America," remarked Brad Weydert, President of Statera. "Our company is made up of people that refuse to accept failure as an option and always strive for a better way to do business." 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 www.inc5000.com.
Hottest Regions for Fastest-Growing Companies 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 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).
Methodology Companies can apply for next year's Inc. 5000 by registering with "IncBizNet, Business Network for Private Companies", at www.incbiznet.com.
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