COCONUT CREEK, Fla.
Aug. 31 /PRNewswire/ -- Inc., the major business magazine edited exclusively for CEOs of fast-growing private companies, has recognized Computer Solutions and Software International, Inc.(R) (CSSI(R)) as one of the fastest growing private companies in America. CSSI has been included in the 2009 Inc. 5000 list showcasing increasing momentum in its business growth.
Inc. Magazine today ranked CSSI No. 2804 on its third annual Inc. 5000, 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. 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."
CSSI and its VUE Software division have experienced substantial growth in 2009, strengthening the company's leadership position as a premier Compensation Management vendor for the insurance and health plan markets. New client additions include several of the country's largest health, life, and P&C carriers. CSSI has also seen a sustained interest from current clients and the broader insurance and health plan markets for CRM solutions, and has developed out-of-the-box integration with Microsoft Dynamics CRM.
"We're honored to be recognized by Inc. Magazine," shared Stephen Bruno, CSSI CEO. "This accomplishment is a direct reflection of our commitment to delivering world-class solutions designed from the ground-up to meet the specific needs of the insurance market."
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.
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 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 CSSI(R) and VUE Software(R)
VUE Software(R) is the product division of Computer Solutions and Software International dedicated to providing industry-specific business technology solutions to companies in the insurance, healthcare, and construction verticals. Because they are tailored to the needs of these particular industries, our solutions are different from one-size-fits-all performance management and compensation suites such as enterprise incentive management (EIM) and sales performance management (SPM) solutions. VUE Software's solutions allow companies to manage strategic incentive plans, automate producer administration and organize complex data and contractor policies, resulting in greater administrative efficiency and improved sales performance. For more information about VUE Software, please call 1.877.4.VUESOFT or visit www.vuesoftware.com
CSSI and VUE Software are registered trademarks of Computer Solutions & Software International, Inc. All other registered trademarks, trademarks or service marks belong to their respective companies.
For further information: contact Stephanie Castro, 954-419-1008 x101, 4800 Lyons Technology Parkway, Suite 4, Coconut Creek, FL 33073.