SUMMIT, N.J. – August 12, 2009 – Today, TheAdmins, a value-added reseller (VAR) providing virtualization, application delivery, data security, network infrastructure and storage/business continuity services, announced it was ranked 2,264th in Inc. magazine’s third annual Inc. 5000, 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.
“To have the progress that TheAdmins has made over the past three years recognized with inclusion in this year’s Inc. 5000 list is quite an honor,” said Ed Rebholz, TheAdmins CEO. “I believe our success can be largely attributed to the great team of experts we have on board, and our ability to recognize widespread industry problems and provide the help that our customers need to proactively prepare for and clear these hurdles in the most painless way possible.”
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.
IT Services, the Inc. 5000 category in which TheAdmins was included, had the most companies on this year’s list with 658, and an aggregate revenue of $13.2 billion in 2008.
“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.”
Methodology
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 TheAdmins
Since 1993, TheAdmins, a value-added reseller, has been helping enterprises leverage the value of technology in the areas of virtualization, application delivery, data security, network infrastructure and storage/business continuity. The company’s goal remains unchanged – to help its clients support, manage and maintain their IT services investments, and to provide knowledge and guidance on how to invest in the future. Strategic partners include Citrix®, Microsoft®, VMware®, Cisco®, NetApp®, Check Point® and WhipTail™. TheAdmins has achieved Citrix Platinum Solution Provider and Citrix Partner of the Year status. Additional information may be found on the company’s Web site: www.theadmins.com.
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.
PR Contact Information:
Kristen Keller
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TheAdmins