Press Release
FIRST-EVER LIST OF THE 5,000 FASTEST-GROWING
BUSINESSES
REPORTS TOTAL REVENUE OF
$194.5 BILLION
IPR International Ranks No. 593 on the 2007
Inc. 5,000
NEW YORK, August 23, 2007 – Inc. today ranked IPR
International as number 593 on its first-ever Inc. 5,000 list of
the fastest-growing private companies in the country. The Inc. 5,000,
an extension of Inc. magazine’s annual Inc. 500 list, catches
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.
“The Inc. 5,000 provides the most comprehensive look ever at the
most important part of the economy – the entrepreneurial part,” said
Inc. 5,000 Project Manager Jim Melloan. “The expansion of the list
has allowed us to tell the stories of larger companies, older companies,
and a wealth of companies in industries like Manufacturing and Construction
that are underreported in the business media.
Founded in 1998, IPR specializes in the development and deployment
of data protection and data recovery services. Partnering with companies
like EMC, CA, Data Domain, NetApp and others, IPR takes a best-of-breed
approach with each client, designing unique solutions to meet or
exceed the Recovery Time Objective (RTO) and Recovery Point Objective
(RPO) for each client. Currently protecting client data in 17 countries
around the world, IPR manages 250 terabytes of storage through a
service offering that includes high availability for immediate failover,
replication, disk-to-disk backup and a suite of archiving solutions
for email, images and files systems.
The 2007 Inc. 5,000, as revealed online at www.inc.com,
reported median revenue of $9.4 million and median three-year growth
of 140 percent. Complete information on this year’s Inc. 5,000,
can be found at www.inc.com/inc5000.
The list features a profile for each company, almost all of them
written as a result of Inc. interviews with management.
In addition, the list is searchable according to numerous criteria,
including industry, city, state, region, and year founded.
Hottest Regions for Fastest-Growing Companies
Leading the list of the fastest-growing companies in the nation is
the Midwest region with 1,046 of the fastest-growing companies,
followed by the West with 884 companies. The Southeast comes
in a close third, with 872 companies, followed by the Northeast
with 782 companies, and the Mid-Atlantic region with 606 companies.
Hottest Industries for Fastest-Growing Businesses
The largest business category is Construction, with 561 of the fastest-growing
companies in this category, followed by Manufacturing with
515 companies, IT services in third with 466 companies, Business
Services with 377 companies and Advertising & Marketing with
349 companies round out the top five industries ranked on the 2007
Inc. 5,000.
Industries reporting the highest total revenue in 2006 are Construction
($27.1billion), Manufacturing ($18.6 billion), Health ($13.1 billion),
Computers & Electronics ($12.7 billion), and Financial Services
($11.8 billion).
Methodology
The 2007 Inc. 5000 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.
Companies can apply for next year’s Inc. 500 and Inc. 5,000 by registering
with IncBizNet, the new social network for private companies that
will launch this fall on Inc.com.
About Inc.com:
Inc.com, the Daily Resource for Entrepreneurs, delivers advice, tools,
breaking news, and rich multi-media to help business owners and
CEO's start, run, and grow their businesses more successfully. Information
and advice covering virtually every business and management task,
including marketing, sales, finding capital, managing people can
be found at www.inc.com.
###
Media Contact:
Kathy Sennett
IPR International, LLC
161 Washington Street – 8 Tower Bridge
Conshohocken, PA 19428
484-533-6800