Sept. 8 /PRNewswire/ -- RWD Technologies, LLC (RWD), a global company that develops and implements human and operational performance solutions, announced today that the company has been honored as an Inc. 5000 company for the third consecutive year. RWD reported growth of more than 68 percent between 2005 and 2008 and increased its standing on the list by 390 spots.
"We owe our tremendous growth to our most valuable assets: our customers and the RWD team," said Laurens "Mac" MacLure, president and CEO of RWD. "Our clients and the unique performance challenges they face continually drive our people to innovate new answers and solutions to meet their greatest needs. In today's economy, we are seeing that all companies -- public and private, old or new -- need to solve a key performance challenge: how to get more out of their people with fewer resources to work with. RWD's people have placed us in an ideal position to help our customers solve that problem effectively."
The 2009 Inc. 5000 serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 is responsible for creating more than 1 million jobs since their founding; making the list perhaps the best example of the impact private, fast-growing companies can have on the economy. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.
"Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate like RWD," said Inc. 5000 project manager Jim Melloan. "That's why our list is so eagerly anticipated every year."
"We are honored to be selected as part of the Inc. 5000 for the third straight year," said MacLure. "We look forward to continued strong growth and to helping companies identify and solve their most pressing performance challenges."
To learn more about RWD and the distinction, visit www.rwd.com or email info@rwd.com.
Methodology
The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.
About RWD Technologies, LLC
RWD is a leading provider of human and operational performance improvement solutions that help employers maximize the return on their investments in people, processes, technology, equipment, knowledge and customers. Since 1988, RWD has assisted clients and partners in enhancing organizational productivity through its broad range of integrated products and services, which include human capital management and IT consulting services, business transformation and lean process improvement, end-user training, change management, knowledge management and operator effectiveness management. RWD's solutions are used in thousands of organizations globally, and in industries such as manufacturing, energy, automotive, aerospace, healthcare, life sciences, consumer products, financial, telecommunications, services, higher education and the public sector.
Based in Baltimore, Maryland, RWD serves Fortune 500 and other organizations around the world. RWD is privately held, with more than 900 employees in 18+ offices in the Americas, EMEA, and Asia Pacific. For more information, please visit www.rwd.com.
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 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.
About the Inc. 500|5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today's entrepreneurial superstars -- the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. 5000 community, both a new class of Inc. 5000 honorees and the list's alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 23-25, 2009, at the Gaylord National Resort and Convention Center in National Harbor, Maryland. For more information about the 2009 Inc. 500|5000 Conference & Awards Ceremony, and to register, visit www.Inc5000event.com. Stay connected with Inc. Events by following @IncEvents on Twitter.
RWD Technologies and RWD are registered trademarks of RWD Technologies, LLC in the United States and several other countries. All other names are or may be trademarks or registered trademarks of their respective owners.
Contact:
Mike Tumbarello
RWD Technologies, LLC
(410) 869-1000, mtumbarello@rwd.com
Dan Tudesco
(202) 775-2657
dtudesco@brodeur.com
