Aug. 20 /PRNewswire/ -- Inc. magazine today ranked Oak Brook-based IT consulting firm BridgePoint Technologies number 1061 on its third annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. BridgePoint Technologies also ranked 44th on its ranking of the 100 fastest-growing private companies in the Chicago-Naperville-Joliet, IL-IN-WI area and 11th for the fastest-growing IT Services companies in Illinois.
"This recognition is truly something that makes us proud," said Michael Millhouse CEO and President. "Our company did this together, all of us. We have experienced tremendous growth in the past few years and it is an honor to be part of the Inc. 5000 list."
The Inc. 5000 companies are decided after extensive screening and interviews by reporters and writers for Inc.com, and inclusion on the list is considered to be one of the most prestigious awards for high-growth companies in the private sector.
As a full service Information Technology consulting firm with three strategic business units - IT Consulting and Staffing, IT Managed Services, and Hosting Services, BridgePoint is able to offer its clients a comprehensive suite of scalable business solutions that have consistently helped customers reduce costs, increase revenue and gain competitive advantage through technology.
"Having founded our company only five short years ago, we are particularly honored to be recognized by Inc. Magazine as one of the fastest growing private companies in North America," said Laura Barker, Vice President and COO of BridgePoint Technologies. "It is a testament to the technology solutions and customer service we provide."
"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."
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 BridgePoint Technologies
BridgePoint Technologies is an Information Technology consulting firm that delivers innovative, scalable business solutions to help our clients reduce costs, increase revenue and gain competitive advantage through technology. We work closely with clients to understand their unique business needs and then develop a roadmap on how best to achieve those goals utilizing best-of-breed technologies. We have three strategic business units - IT Consulting and Staffing, IT Managed Services, and Hosting Services - that offer a full suite of IT services to our clients.
We are a Microsoft Gold Certified Partner with three competencies in Custom Development Solutions, Information Worker Solutions, and Networking Infrastructure Solutions. In addition to our partnership with Microsoft, we are also a DELL Certified Reseller. These relationships further enable us to deliver high performance, flexible, and innovative technology solutions.