Aug. 18 /PRNewswire/ -- Projections has been named to the Inc. 5000 List of Fastest Growing Companies in America. After a rapid growth rate of more than 70% over the past three years, Projections ranks at 3469 on the Inc. List in 2009.
Projections, a leading employee communications company, today announced that it has been named to the Inc. 5000 List of Fastest Growing Companies in America. After a rapid growth rate of more than 70% over the past three years, Projections' Inc. 5000 rank was 3469.
"We are pleased and honored to be recognized as one of the Inc. 5000 Fastest Growing Companies in America," said Walter Orechwa, CEO of Projections. "Our success can be directly attributed to the innovation and dedication of the Projections team. Our clients - large and small - know that they can look to Projections for superior solutions, even when the topic they need to communicate is difficult. We intend to continue with our strategic plan, which will allow us to bring an even greater number of ground-breaking new employee communication products to the marketplace."
"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 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.
Projections is an employee communications company that specializes in labor relations. With the most advanced technology available, Projections produces videos, websites and innovative eLearning solutions for clients throughout North America. Areas of expertise include Employee Orientation, Training, Labor Relations, Company Benefits, Corporate Image and Change, and Workplace Issues such as Diversity, Harassment, and more. After more than 30 years in business and dozens of industry awards, Projections is proud to work with some of the largest - and smallest - employers in the world.
For further information: visit www.ProjectionsInc.com.