WALNUT CREEK, Calif.
Aug. 24 /PRNewswire/ -- For the second year in a row, Pointandship Software, Inc. (Point&Ship) ranked on the Inc. 5000 list of America's fastest-growing, private companies. The leading provider of full-service Shipping Expense Management Software((TM)) (SEMS((TM))) and a certified minority business enterprise (MBE) secured the No. 2,979 spot as its revenue jumped 93.3 percent from 2005 to 2008.
Rankings were compiled based on companies' percentage revenue growth during this time period. Point&Ship realized 2005 revenue of $26.2 million and 2008 revenue of $50.6 million. The Walnut Creek, Calif.-based firm's profits have been bolstered by a recent increase in user accounts as it actively aligns with its clients to establish the best cost-savings plan.
"The Inc. 5000 ranking is further evidence that corporations are concentrating on non-core expenses now more than ever," said Ted C. Mesa, president and CEO. "Our software solution has helped numerous companies around the globe reduce their overall shipping expenses by as much as 20 percent. Their investment in Web-based software results in immediate bottom-line savings throughout their enterprise."
The third annual Inc. 5000 list is an extension of the Inc. 500, which Inc. magazine introduced in 1982.
About Pointandship Software, Inc.
Pointandship Software, Inc.'s (Point&Ship) proprietary Shipping Expense Management Software((TM)) (SEMS((TM))) provides the only end-to-end shipping management solution for corporations. SEMS simplifies shipping tasks, standardizes procedures and increases efficiency of operation by unifying client shipping needs into a Software as a Service (SaaS). With external billing and account review, SEMS provides customers with comprehensive oversight on express, ground, freight and courier services through all major carriers.
Founded in 1994 by Ted C. Mesa, Point&Ship recorded 2008 revenue in excess of $50 million and has a client list that comprises Fortune 100, 500 and Forbes Global 2000 companies, including world-class banking and financial institutions, national retail chains, consumer packaged-goods conglomerates and leading universities as well as state and government entities. Point&Ship is a certified minority business enterprise (MBE).
For further information: visit www.pointandship.com.