Astrum Solar of Annapolis, Maryland Ranked Second
SAN DIEGO, October 4, 2012 Ten Vistage member companies were represented in the 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 economyAmerica’s independent entrepreneurs. Companies such as Microsoft, Zappos, Intuit, Jamba Juice, Zipcar, Clif Bar, Vizio, and Oracle gained early exposure as members of the Inc. 500|5000.
The 2012 Inc. 500, unveiled in the September issue of Inc., 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 www.inc.com/inc500.
“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.
Below is a listing of all of the Vistage members and their companies who qualified for the Inc. 500:
|Joe Apfelbaum||178||Ajax Union||$2.1 million||45|
|David Blittersdorf||148||AllEarth Renewables||$20 million||24|
|Vadim Polikov||2||Astrum Solar||$26.9 million||170|
|J.T. Hroncich||243||Capitol Media Solutions||$8.6 million||14|
|Jennie Hoff||168||Rivet Software||$34.2 million||257|
|Mark Casey||385||CFN Services||$11.1 million||27|
|Brent Gleeson||185||Internet Marketing||$6.4 million||35|
|Bryan Laird||252||MBL Technologies||$10.9 million||28|
|Todd Sherman||210||Motivity Solutions||$2.4 million||18|
|Reggie Chandra||456||Rhythm Engineering||$7.8 million||34|
Inc. 500 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 independentnot subsidiaries or divisions of other companiesas 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 www.inc.com/500.
About Vistage International
Founded in 1957, Vistage International, Inc., headquartered in San Diego, California, is the world’s leading peer advisory membership organization, serving 16,000 CEOs and senior level executives in 15 countries.
Leo J. Bottary
Vice President, Brand Strategy & Communication
Vistage International, Inc.