June, 2006 IPLogic Named to CRN Fast Growth 100
IPLogic, ranked number 35, makes the A-list of the nation's fastest growing solution providers for 2006.
ALBANY, NY -- June 15, 2006 -- IPLogic, a leading communications technology solutions provider, today announced it has again been named to Computer Reseller News (CRN) magazine's "Fast Growth 100" list, which annually recognizes the top 100 solution providers that drive growth and build expertise in the technology service arena. These elite 100 companies are the chief revenue producers among solution providers in the United States.
IPLogic is number 35 on the list for 2006 - the second year in a row IPLogic has been named in the CRN Fast Growth 100 rankings. Rankings are based solely on each applicant's two-year growth rate, which was calculated based on the change in calendar-year, accrual-basis net sales between 2003 and 2005. The applicants were then ranked in descending order by this growth rate and the top 100 were selected for the list. Only 25% of the organizations named to the list in 2005 were also named to the list in 2006.
"We are thrilled to add the CRN Fast Growth 100 ranking again this year to our growing list of accolades," said Ken Yanneck, president of IPLogic. "IPLogic's consistent growth over the last several years is due in large part to our technology expertise and our employees' firm commitment to excellence. As we continue to build upon our growth, the awards and recognition will validate our successes and continue to support our efforts to be the region's leading voice and data solutions provider.
"Now more than ever, we are capable of providing organizations with the solutions that will best help them to achieve their business communications goals, which will allow them to be more effective and efficient in virtually every aspect of their businesses."
The Latham, NY-based company was also named to a list of CRN 25 Rising Stars in 2003 for triple digit revenue growth for 2000-2002; IPLogic enjoyed 119% growth over that two year period. To put IPLogic recognition and growth in perspective--less than five percent of the organizations named to the 2006 CRN Fast Growth 100 were recognized all three years.
This most recent award for IPLogic, follows the company's recent recognition as VARBusiness Magazine Newcomer of the Year; IPlogic was ranked #416 on the VARBusiness 500 list and was recognized as the 16th fastest growing company among the 500 companies on the list. The company was also recently acknowledged as the fourth fastest growing company in Western New York by the Buffalo Business First in the FastTrack 50 awards.
The CRN Fast Growth 100 list was compiled from applications submitted on the magazine's Web site between February and March 2006. Independent data sourcing (e.g., SEC filings, annual reports, etc.) was also conducted. IPLogic will be featured and in a special print and online issue of CRN to be published on July 24th, which will name all of the 2006 CRN Fast Growth 100 award winners.
About CRN
CRN provides Solution Providers and Technology Integrators with the crucial information and analysis they need to drive their companies' sales. As an advocate for and voice of the Channel, Solution Providers turn to CRN first for immediate information. With more than 20 years of experience, CRN is the most trusted source for 117,000 channel professionals. CRN can be found on the Web at
www.crn.com
About IPLogic
IPLogic delivers converged voice, data, and audio/visual communications solutions that increase revenue, decrease cost, and maximize organizational productivity for clients. Serving medium to large organizations across the states of New York, Vermont, Massachusetts, Pennsylvania, and West Virginia, IPLogic's expertise includes traditional PBX and IP telephony, audio/visual communications, network security, managed network services, network infrastructure (LAN/WAN), training and staff augmentation solutions. We empower clients to Connect, Communicate, and Compete - BetterTM. Visit us today at
www.IPLogic.com