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Inc. Magazine Unveils 28th Annual List of America's Fastest-Growing Private Companies - the Inc. 500

MindSmack.com Ranks No. 257 on the 2009 Inc. 500 with Three-Year Sales Growth of 869.3%

NEW YORK

Aug. 17 /PRNewswire/ -- Inc. magazine today ranked MindSmack.com NO. 257 on its 28th annual Inc. 500, 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. Companies such as Microsoft, Zappos, Intuit, GoDaddy, Under Armour, Jamba Juice, American Apparel, Oracle, and hundreds of other powerhouses gained early exposure as members of the Inc. 500.

 

"If you want to know which companies are going to change the world, look at the Inc. 500," 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. 500 list isInc. magazine's tribute to American business ingenuity and ambition."

 

The Future is Now

For the past 10 years our passion has been interpreting the Internet and creating a more convenient and sophisticated experience for users.

 

Foreseeing advancements to keep pace with the Internet's and mobile momentum, staying on top of the latest research to maintain our position as an industry leader is only the tip of the iceberg for MindSmack.com.

 

Welcome to our world. We understand how important your brand is to you and develop your project(s) with that in mind. Through careful planning, attention to detail and an intimate relationship with our clients, we make the process painless and obsessively breathe life into every project we work on.

 

From comprehensive web design, programming and original graphics to brand improvement strategies, site integration and website marketing, MindSmack.com will see that you achieve your online and/or mobile application development goals.

 

Let Us Help You Grow Your Business:

  • By creating a site that accurately portrays your company in the way you wish to be seen.
  • Through intuitive design and clear calls to action you will keep users on your site longer and build stronger user satisfaction, increasing conversion rates and sales.
  • By creating a site where users can find the information they seek as simply and elegantly as possible.
  • By creating any type of mobile application imaginable
  • By designing and developing the most fluid and functional experiences online and through mobile devices like iPhone and Android.

 

MindSmack.com is a full-service agency providing everything from comprehensive web design and original graphics to brand improvement strategies and technical support. Clients can enjoy the benefits of cutting-edge graphics with dynamic programming, providing flawless integration of these two services to achieve amazing results. Our expert designers, animators, programmers and engineers have the ability to carry out any type of project. Each client receives a personal consultation during which we analyze your specifications and then tailor a team that will make your dream a visual reality. Our web design experience ranges across multiple industries. We have developed websites for entertainment, e-commerce, financial services and much more. We can incorporate flash and other motion graphics to add interest and intrigue your audience.

 

The 2009 Inc. 500, unveiled in the September issue of Inc. magazine (available on newsstands August 17 to November 15) and on Inc.com, reported aggregate revenue of $18.4 billion -- up significantly from last year's $13.7 billion -- and a median three-year growth rate of 880.5 percent. The companies on this year's list are also responsible for creating more than 55,000 jobs since their founding, making the Inc. 500 perhaps the best example of the impact private, fast-growing companies can have on the overall U.S. economy. The largest company on the list, flat-panel-TV maker Vizio, broke the $2 billion revenue mark. Complete results of the Inc. 500, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.

 

Despite the ongoing recession, the 2009 Inc. 500 offers a glimpse of the future of the U.S. economy. In the health sector, which saw aggregate revenue of $1.1 billion and a 917 percent median growth rate, businesses are moving forward on cancer and stem-cell research, clinical trials, and medication management. More than 25 percent of companies in the energy sector ($2.5 billion aggregate revenue; 942 percent median growth rate) focus on solar and other alternative sources. Fewer than a third of retailers ($356 million aggregate revenue; 914 percent median growth rate) have even a single brick-and-mortar store. And the number of companies providing technical services to the various branches of the federal government continues to rise.

 

 

The Top 10 Inc. 500 Companies

 

  Rank  Company   Location  Industry  Year   Three-Year 2008
                       Founded Revenue   Revenue
                            Growth
  ----  --------  --------  --------  ------- ---------- -------
  No. 1 Northern   Miami    Insurance  2003  19,812.2% $95
     Capital                         million
     Insurance

  No. 2 National   San Juan   Financial  2003  13,416.4% $47.4
     Retirement  Capistrano, Services            million
     Partners   California

  No. 3 Harley    Washington, Real Estate 2003  13,350.3% $38.4
     Stanfield  D.C.                    million

  No. 4 Perfect   Mill Valley, Consumer  2002  12,749.3% $63.5
     Fitness   California  Products &           million
                  Services

  No. 5 IntegraClick Sarasota,  Advertising 2002  12,654.4% $96.4
            Florida   & Marketing          million

  No. 6 Kiva    Woburn,   Logistics & 2003   10,399% $21.4
      Systems   Massa-    Transport-           million
            chusetts   ation

  No. 7 Freedom   Tampa    Insurance  2004  10,035.3% $182.8
      Health                         million

  No. 8 One     Dallas    Advertising 2000   9,946.4% $50.7
      Technologies       & Marketing          million

  No. 9 MediaTrust New York   Advertising 2004   9,481.1% $38.3
            City     & Marketing          million

  No. 10 Criterion  Vienna,   Government 2005   8,433.7% $20.3
      Systems   Virginia   Services            million

 

The Hottest Regions for Fast-Growing Companies

 

Once again, California tops the Inc. 500 with the most companies of any state, 84, up six from last year. The Golden State is followed by Texas (45), Virginia (35), New York (35), and Florida (27).

 

The Washington, D.C., metropolitan area boasts 42 Inc. 500 companies, making it the top metro area for the seventh consecutive year (up three from last year). New York City and Los Angeles are close seconds with 36 each (up five and 10 from last year, respectively), followed by Chicago with 23 (down four from last year) and San Francisco with 20.

 

The Inc. 500 at a Glance

 

Insurance was by far the fastest-growing industry on this year's Inc. 500, with an average growth rate of 6,195 percent. Other strong performers include Logistics & Transportation (2,487 percent) and Food & Beverage (2,153 percent).

 

In total, the companies on the Inc. 500 have created more than 55,000 jobs. Government Services is the top employer with 6,895 jobs, followed by Telecommunications (6,338), Health (5,803), IT Services (5,179), and Energy (4,559).

 

IT Services boasted the most companies on this year's list with 57, followed by Government Services (50), Advertising & Marketing (48), Consumer Products & Services (44), and Health (43).

 

Topping this year's list is Northern Capital Insurance, a Miami-based firm that is helping to revolutionize Florida's ailing insurance industry. The company boasted $95 million in revenue in 2008 and an impressive three-year growth rate of 19,812 percent.

 

The top woman-owned company is P3S (No. 17 overall), a San Antonio-based firm that provides IT network security and physical security services, mostly to the Defense Department. P3S, owned by Mary Ellen Trevino, recorded revenue of $13.5 million in 2008 and a three-year growth rate of 5,898 percent. The top minority-owned company is Harley Stanfield (No. 3 overall), a Washington, D.C.-based real estate investment firm that buys existing properties, makes them energy efficient, and then resells them as investment properties. Harley Stanfield, founded by Cedric Franklin, posted revenue of $38.4 million in 2008 and a three-year growth rate of 13,350 percent.

 

The Inc. 500 posted an aggregate revenue of $18.4 billion, up more than 34 percent from last year, even in a down economy. The top five industries by total revenue include Consumer Products & Services ($3.1 billion), Energy ($2.5 billion), Government Services ($1.9 billion), Advertising & Marketing ($1.3 billion), and Real Estate ($1.2 billion).

 

 

The Top 10 Inc. 500 Companies Ranked by Total Revenue

 

  Overall Rank Company    Location   Industry      2008 Revenue
  ------------ -------    --------   --------      ------------
  No. 134   Vizio     Irvine,    Consumer Products $2 billion
                California  & Services

  No. 192   Realty ONE  Las Vegas   Real Estate    $1.1 billion
         Group

  No. 18    MonaVie    South Jordan, Food & Beverage  $854.9 million
                Utah

  No. 198   Stream Energy Dallas    Energy       $825.6 million

  No. 341   U.S. Energy  Plymouth,   Energy       $439 million
         Services   Minnesota

  No. 266   Carahsoft   Reston,    Government     $347.5 million
         Technology  Virginia   Services

  No. 210   FriendFinder Boca Raton,  Media       $331 million
         Networks   Florida

  No. 235   Diplomat   Swartz Creek, Health       $270.7 million
         Specialty   Michigan
         Pharmacy

  No. 441   UniTek USA  Blue Bell,  Telecommunications $265.6 million
                Pennsylvania

  No. 50    Bridgepoint  San Diego   Education     $218.3 million
         Education

 

Methodology

 

The 2009 Inc. 500 measures 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 had to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2008. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2005 is $200,000; the minimum for 2008 is $2 million.

 

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 the Inc. 500|5000 Conference

 

Each year, Inc. and Inc.com celebrate the remarkable achievements of today's entrepreneurial superstars -- the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. 5000 community, both a new class of Inc. 5000 honorees and the list's alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 23-25, 2009, at the Gaylord National Resort and Convention Center in National Harbor, Maryland. For more information about the 2009 Inc. 500|5000 Conference & Awards Ceremony, and to register, visit www.Inc5000event.com. Stay connected with Inc. Events by following @IncEvents on Twitter.

 

Website - MindSmack.com

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