EAGAN, Minn., Sept. 22 /PRNewswire/ -- ORBIT Systems, Inc., provider of fully-managed computer environments for small and mid-size companies in the Twin Cities, announced today that they have been selected for Inc. Magazine's 2010 list of the 5,000 fastest-growing private companies in the nation for the fourth year in a row.
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Based on remarkable growth over the past three years, ORBIT ranked number 4,471 on the list with a 19% growth rate. 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.
"We are honored to make the list for the 4th year in a row and wish to thank Inc. Magazine for its dedication to celebrating the growth of private companies," says Steve McFarland, ORBIT's president. "We've all heard the politicians say it but, even so, it's true. Private companies, many of which are on this year's list, will be doing the heavy lifting of getting our economy back on track. At ORBIT, our clients are almost exclusively private companies. Whatever phase they're in - start-ups, accelerated growth, mature or transforming - we're proud to serve this market and leverage technology to create the competitive advantage every company needs."
"The leaders of the companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. president Bob LaPointe. "The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs."
How the 2010 Inc. 5000 Companies Were Selected
The 2010 Inc. 500|5000 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 based in the United States, 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. The top 10 percent of companies on the list constitute the Inc. 500, now in its 29th year.
About Inc.com:
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.
About ORBIT Systems
ORBIT Systems, Inc. ("ORBIT") provides fully-managed Information Technology services to companies that want to take IT for granted. ORBIT's client base includes small to mid-size companies headquartered in the Seven-County Metro area that realize they have outgrown their ability to provide reliable systems to meet their business needs. ORBIT proactively monitors, manages, and supports their clients' complete computer environments 24 x 7, enabling clients to exploit the business benefits of Fortune 500 technology profitably. ORBIT Systems is a Microsoft Certified Partner and Microsoft Certified Solution Provider. For more information regarding ORBIT Systems, please call 651-767-3322; or visit their Web site at www.orbits.net.
SOURCE ORBIT Systems, Inc.
