September 12, 2007 – (HOSTSEARCH.COM) – Web hosting provider Hosted Solutions is one of the fastest growing private companies in the US, it was announced this week. The company was named in Inc. magazine's annual fastest-growing companies list, ranking 1,274th.
"Hosted Solutions employees have made a collaborative effort over the past year to fuel the company's tremendous growth with dedication and focus. It is extremely exciting for us to see Hosted Solutions rewarded with such a prestigious national honor," explained Hosted Solutions’ Founder and CEO, Mr. Rich Lee. "I firmly believe that great accomplishments stem from great effort, and making the Inc. 5000 is testimony to the collective contribution of all our employees who have worked vigorously to deliver superior customer service and technical expertise for the solutions we provide our clients."
“The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy – the entrepreneurial part,” added Inc. magazine’s Jim Melloan. “The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like Data Center and Managed Services that are underreported in the business media”.
The 2007 Inc. 5,000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and independent as of December 31, 2006. The companies had to have had at least $200,000 in revenue in 2003 and $2 million in 2006. The 2007 Inc. 5,000 reported median revenue of $9.4 million and median three-year growth of 140 percent.
Inc.com is a “resource for entrepreneurs” and offers advice, tools, breaking news, and rich multi-media to “help business owners and CEOs start, run, and grow their businesses more successfully”.
