Inc. Magazine Ranks Groupware 37th on its Annual List of 500 Fastest-Growing Private Companies
Groupware Ranks 37th Overall on the Inc. 500 and 3rd on the Fastest-Growing IT Services Company List
NEW YORK, August 26, 2008 – Inc. magazine today ranked Groupware No. 37 on its 27th annual Inc. 500 list of the fastest-growing private companies in the U.S. The 2008 Inc. 500 list measures and ranks companies based on their three-year growth. The list is the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs. Companies such as Zappos, Intuit, GoDaddy, Under Armour, Jamba Juice, American Apparel, Oracle and hundreds of other powerhouses gained early exposure as members of the Inc. 500
Groupware remains in the top 50 in 2008, after making its first appearance on the list in 2007, when it was the number one fastest growing IT Services company in the nation and number seven on the Inc. 500. For many years, the IT Services category has been the largest business category. The 2008 list includes 67 of the most innovative and progressively managed technology companies in the U.S. Equally worth noting is that the company ranked number four on the Top 50 Businesses in the Silicon Valley/San Jose area.
Inc. Editor Jane Berentson said, "These are the most innovative, dynamic, fast-growing companies in the nation – the ones coming up with solutions to some of our knottiest problems, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can’t live without. The Inc. 500 list is Inc. magazine’s tribute to American business ingenuity and ambition."
"We are very proud to be included in the Inc. 500 list for the second year in a row," said Groupware President and CEO Mike Thompson. "Our consistently strong growth is a result of our focus, our ingenuity and of the dedication of our growing staff of exceptional professionals"
Complete information on this year’s Inc. 500, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc5000.com, and the Groupware profile is posted at Inc. online at http://www.inc.com/inc5000/2008/company-profile.html?id=200800370. The 2008 Inc. 500/5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007.
About Groupware Technology, Inc.
Groupware Technology, Inc. ,headquartered in the San Francisco Bay Area, is a leading information technology solution provider and a member of the Sun (SM) Partner Advantage Program . The company provides enterprise technology solutions to its Fortune 1000 customer base and specializes in storage, security, networking and enterprise systems. For more information, contact (408) 540-0090 or visit www.groupwaretechnology.com.
About Inc. magazine Founded in 1979 and acquired in 2005 by Mansueto Ventures, LLC., Inc. magazine (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 724,110, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.
About Inc. 500|Inc. 5000 Conference Each year, Inc. magazine and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars — the privately held small businesses that drive our economy. The Inc. 500|Inc. 5000 Conference 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. For the first time ever, this powerful networking event is open to all. Please join us September 18-20, 2008 at the Gaylord National Resort and Convention Center in Washington, D.C. For more information or to register, visit www.Inc500Conference.com or call us at 877-211-0489.
