LATHAM, N.Y. – September 19, 2007 -- IPLogic, a leading communications technology solutions provider, has announced today that it has been ranked number 1,001 on the first ever Inc. 5,000 list of the fastest growing private companies in the US. The Inc. 5,000 is an extension of Inc. magazine's annual Inc. 500 list, and ranks many businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms. Taken as a whole, these companies represent the backbone of the U.S. economy producing $194 billion in 2006 revenue and employing more than 900,000 people. The average Inc. 5,000 company had more revenue than the average company on this year's Inc. 500 list- $38.9 million for the Inc. 5,000 compared to $34.4 for the Inc. 500.
"Our strategy calls for us to deliver dynamic communications technology solutions to our clients, significant value to our partners and investors, and rewarding careers for all employees. Fueled by rapid growth, we are achieving our goals in an aggressive fashion," said Kevin Kelly, IPLogic's vice president of sales and marketing and CMO. "Our presence on the 2007 Inc. 5,000 list, the CRN FastGrowth, and many others this year underscores the hard work of everyone on our team."
The 2007 Inc. 5,000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S. based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006. IPLogic's growth continues to skyrocket with a 353.1% increase in revenue since 2003. In addition, the Latham, N.Y. based company has been recently re-certified as a Cisco Gold Certified Partner.
About IPLogic, Inc.
IPLogic, Inc. delivers converged voice, data, and multimedia 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 expertise includes voice and unified communications through traditional PBX and converged IP telephony and multimedia communications, network security, network infrastructure (LAN/WAN), mobility and wireless network solutions, managed IT and network services, and training and IT staff augmentation solutions. We empower clients to Connect, Communicate, and Compete - Better™. For more information visit
www.IPLogic.com.
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