BOULDER, Colo., Aug. 24 /PRNewswire/ -- Inc. magazine today announced its annual Inc. 500, an exclusive ranking of the nation's fastest-growing private companies. Cloud 9 Living, the leading provider of Experience Gifts, ranks No. 468 on the list, with growth of 642.4% between 2006 and 2009.
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"We're very excited and honored to be recognized on the Inc. 500 list. It's a tremendous validation of the consistent hard work and commitment to customer service of the Cloud 9 Living team," said Cloud 9 Co-Founder and President John Augst. "Our mission is to forever change the world of gift giving and to help as many people as possible live life to the fullest."
With an Experience Gift from Cloud 9 Living, people are giving someone the greatest gift possible: the memory of a lifetime. Cloud 9 also helps companies improve the ROI of their sales incentive, employee recognition and customer loyalty programs through the use of experiences.
"Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous," said Inc. editor Jane Berentson. "The Inc. 500 consists of these just-short-of miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees, and grown fast in difficult economic times."
Methodology
The 2010 Inc. 500 is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. Additionally, they had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2009. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2006 is $80,000; the minimum for 2009 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.
About Cloud 9 Living
Cloud 9 Living is the leading experience gift company in the US. Headquartered in Boulder, Colorado, the company offers a portfolio of over 1,700 experiences in 43 cities nationwide ranging from stock car racing, hot air balloon rides and cooking classes to glass blowing lessons, city food tours and fighter pilot for a day missions. Starting at under $100, Cloud 9 has something for every taste and budget.
