Aug. 18 /PRNewswire/ -- ORBIT Systems, Inc., provider of fully-managed computer environments for small and mid-size companies in the Twin Cities, announced today that they have been selected for Inc. Magazine's 2009 list of the 5,000 fastest-growing private companies in the nation for the third year in a row.
Based on remarkable growth over the past three years, ORBIT ranked number 4,083 on the list. The list is the most comprehensive look at the most important segment of the economy - America's independent-minded entrepreneurs. Taken as a whole, these companies represent the backbone of the U.S. economy.
"Making this exclusive list for the last three years confirms the valuable work the people of ORBIT are doing," says Steve McFarland, ORBIT's president. "Not only are we honored to be recognized by Inc. Magazine's annual Inc. 5000, we are proud to be ranked 86th among companies located in Minnesota. Ten years ago, we looked to set a new paradigm with Information Technology services in Minnesota. Now, we are supporting the evolving needs of small and medium-sized business to make certain that technology not only handles their basic needs, but helps gain them a competitive advantage in their marketplace."
"If you want to know which companies are going to change the world, look at the Inc. 5000," said Inc. Editor Jane Berentson. "These are the most dynamic, fast-growth companies in the nation, the ones finding innovative solutions to problems, creating smart systems, and inventing products we soon discover we can't live without. The Inc. 5000 list is Inc. magazine's tribute to American business ingenuity and ambition."
How the 2009 Inc. 5000 Companies Were Selected
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.
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About ORBIT Systems
ORBIT Systems, Inc. ("ORBIT") provides fully-managed Information Technology services to companies that want to take IT for granted. ORBIT's client base includes small to mid-size companies headquartered in the Seven-County Metro area that realize they have outgrown their ability to provide reliable systems to meet their business needs. ORBIT proactively monitors, manages, and supports their clients' complete computer environments 24 x 7, enabling clients to exploit the business benefits of Fortune 500 technology profitably. ORBIT Systems is a Microsoft Certified Partner and Microsoft Certified Solution Provider.
For further information: please call 651-767-3322; or visit their Web site at www.orbits.net.