MARLBOROUGH, Mass., Aug. 26 /PRNewswire/ -- Blue Cod Technologies, Inc., a leader in the IT Services industry, is pleased to announce that for the third straight year the company was named to the Inc. 5000 list, an exclusive raking of the fastest-growing private companies in America. This year Blue Cod was placed at number 1,000 with a substantial three year growth rate of 299%. Blue Cod also came in at # 93 in the IT Services Industry as a whole and # 26 in the Boston Metro area, showing great potential for Blue Cod in the future.
"Making the Inc. 5000 list is a challenge, and quite an honor," said Jeff Brown, Blue Cod President and CEO. "But making it for three consecutive years by maintaining an accelerated growth pace is something we did not expect to achieve. We are very pleased to be recognized with another fantastic list of 5000 growing and successful companies."
The list represents the most comprehensive look at the most important segment of the economy—America's independent-minded entrepreneurs. Music website Pandora, convenience store chain 7-Eleven, Brooklyn Brewery, and Radio Flyer, maker of the iconic children's red wagon, are among the prominent brands featured on this year's list.
"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."
The list is ranked according to percentage revenue growth from 2006 through 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. The minimum revenue required for 2006 is $80,000; the minimum for 2009 is $2 million. Revenue figures given in the company profiles are for calendar year 2009, as are employee counts. Full-time and part-time employees are included in the employee counts.
For more information on the Inc. 5000 list and where Blue Cod placed please check out the link below.
About Blue Cod Technologies, Inc.
Blue Cod Technologies, Inc. delivers innovative solutions and services for organizations in the property and casualty insurance industry. Our hosted policy administration solution and broad spectrum of BPO (Business Process Outsourcing) services offer a complete solution for start-up carriers and companies considering venturing into new markets. Through our specialized products and services, we provide insurance companies with rapid deployment of new insurance products, enhanced disaster recovery capabilities, custom-application development, enterprise systems integration, and web-extension of enterprise systems.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. 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 Blue Cod Technologies, Inc.
For further information: Sandra St. Onge, Communications Specialist of Blue Cod Technologies, Inc., +1-508-970-0170, Ext. 1204, Sandra.St.Onge@bluecod.net