Sept. 3 /PRNewswire/ -- Inc. magazine ranked Corporate Technologies No. 2,362 on its third annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. Corporate Technologies ranked number 41 in Minneapolis-St. Paul-Bloomington, MN-WI Metro Region. The list represents the most comprehensive look at the most important segment of the economy--America's independent-minded entrepreneurs. Consumer electronics maker Vizio, Internet giant GoDaddy, rental car service Zipcar, and beverage maker Honest Tea are among the prominent brands featured on this year's list.
"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," said Inc. 5000 project manager Jim Melloan. "That's why our list is so eagerly anticipated every year."
"With over 6 million businesses in the United States, being recognized as one of the top 5000 is an honor. The ability to grow is due, in no small part, to the continued commitment of our employees and their dedication to providing our customers with the IT services and products that enable them to grow their businesses," said Corporate Technologies CEO Jim Griffith. "We are extremely pleased with our results in becoming one of the country's largest managed service providers. Technology Advantage which provides help desk, remote monitoring and on-site technical resources continues to be our fastest growing offering with 30-40 new companies signing up each month. This coupled with our outsourced IT services means that Corporate Technologies provides managed services to over 20,000 end-users in six states. In addition, we continue to be the IT partner of choice for companies that require IT solutions from HP, Cisco, IBM, Microsoft, and VMware."
The 2009 Inc. 5000, unveiled today on Inc.com, 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 are 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.
This year's list also offers a preview of which industries are poised for growth in coming years. With an average growth rate of 667 percent, Insurance ranked as the top industry overall. Government Services was the top industry gainer with 252 companies on this year's list, up from 135 last year. Health is the top industry by both total revenue ($22.7 billion) and total employment (156,223 jobs).
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.
About Corporate Technologies LLC
Corporate Technologies is one of the leading providers of managed IT solutions to businesses and institutions in Minnesota, North Dakota, Idaho, Southern California, West Michigan and New Jersey. With a breadth of services, multiple locations, and over 250 employees strong, Corporate Technologies is able to support their customers on a national level. It offers a wide range of IT solutions, including managed IT services, staffing services, storage and virtualization solutions, VoIP and PBX telephone systems, computer networking solutions, repair and warranty services, and systems integration and consulting. Corporate Technologies' Technology Advantage(R) program provides a niche service for small and medium size businesses requiring IT support and services. In addition, Corporate Technologies' data center and online backup services bring highly secured managed services to our customers throughout the United States, providing business continuance for companies that require 24x7 uptime. Corporate Technologies has leveraged its 28 years of industry experience to gain many valuable certifications with leading manufacturers of technology hardware and software. For additional information on Corporate Technologies visit www.gocorptech.com or call 1-866-363-4628.
For further information: contact, Melissa Engle, 1.616.464.9720, firstname.lastname@example.org, www.gocorptech.com.