NEW YORK, Sept. 7 /PRNewswire/ -- Inc. Magazine today ranked Archway Technology Partners NO. 432 on its 29th annual Inc. 500, 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 economy—America's independent-minded entrepreneurs.
(Logo: http://photos.prnewswire.com/prnh/20100817/INC5000LOGO)
(Logo: http://www.newscom.com/cgi-bin/prnh/20100817/INC5000LOGO)
"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."
"Archway is honored to be recognized in this year's listing," said Archway president Jason Brown. "With a relentless focus on client service, the firm has navigated an economy that has experienced a significant downturn while managing to increase our market share and grow as a firm." Jason continued "we are grateful for the opportunity to be able to continue offering rewarding careers for our people and innovative technology for our clients. We are well aware that not every other company has been afforded these opportunities over the past three years."
The methodology to the 2010 Inc. 500 is to rank companies 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. The companies of the Inc. 500 represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Archway Technology Partners
Archway Technology Partners is a global software company supporting the operations of investment companies such as Hedge Funds, Fund of Funds, Family Offices, Multi-Family Offices, Fund Administrators and Investment Advisors.
Archway's flagship platform, ATWeb, is deployed in the Enterprise Edition and Portfolio Edition versions. The ATWeb Enterprise Edition is the industry's leading enterprise investment application successfully integrating accounting and financial management with portfolio management tools. The ATWeb Portfolio Edition is a toolset that offers robust portfolio management, modeling, rebalancing and reporting tools coupled with an advanced asset-based fee engine for investment advisors. Visit our website at www.archwaytechnology.net.
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. Visit us online at www.inc.com.
SOURCE Archway Technology Partners
For further information: Drew Alexander of Archway Technology Partners, dalexander@archwaytechnology.net
