Second Consecutive Year Company ranks among the nation's fastest growing businesses.
NEW YORK, August 14, 2009 – For the second year in a row, Inc. magazine today ranked Docutrend Imaging Systems on its annual ranking of the 5,000 fastest-growing private companies in the country. Docutrend ranked No. 1,308 on the 2009 list with a three-year Sales Growth of 242.1%. The list represents the most comprehensive look at the most important segment of the economy - America’s independent-minded entrepreneurs.
“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.”
Docutrend Imaging Solutions specializes in document and print management, including document workflow consulting, software integration and deployment, and on- and off-site paper to electronic file conversions. Docutrend also supplies document management software, digital copiers and printers, faxes and scanners.
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 be 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 comprise the Inc. 500, now in its 28th year.
About Inc. Magazine Founded in 1979 and acquired in 2005 by Mansueto Ventu res 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.