ProfitPoint, Inc. Ranks No. 59 on the 2008 Inc. 5,000 Fastest-Growing Private Companies List with Three-Year Sales Growth of 2,642.0%
ProfitPoint, Inc. Ranks No. 7 in top 2008 Inc. 5,000 Business Services Companies and No. 2 in top 2008 Inc. 5,000 companies located in Nashville-Davidson-Murfreesboro, TN region
NEW YORK, August 20, 2008 – Inc. today ranked ProfitPoint, Inc. No. 59 on its annual ranking of the 5,000 fastest-growing private companies in the country with three-year sales growth of 2,642.0%. ProfitPoint, Inc. ranks No. 7 in the Top 100 Business Services Companies and ranks No. 2 in the Top 50 Businesses in Nashville-Davidson-Murfreesboro Metro Region. The list is the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs. Taken as a whole, these companies represent the backbone of the U.S. economy.
“Our second annual Inc. 5000 continues the most ambitious project in business journalism,” said Inc. 5000 Project Manager Jim Melloan. “The Inc. 5000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth.”
“Obviously we are honored and very pleased to be recognized by Inc. Magazine as one of the fastest growing privately held companies in America”, said ProfitPoint CEO Vaden Landers. “This achievement would not be possible without the hard work and dedication of our employees, our investors, and most importantly, our nearly 25,000 clients who entrust us with their business on a daily basis”, Landers further commented.
The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5000, 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.
Methodology
The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, for profit, 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 ProfitPoint, Inc.
ProfitPoint Inc. is a leading provider of gift and loyalty card services to the small to medium sized merchant community. Having its corporate headquarters near Philadelphia, PA, and customer care center in Franklin, TN, ProfitPoint supports its gift and loyalty cards with point-of-purchase accessories, real-time electronic transaction processing and customizable reports for each merchant. ProfitPoint specializes in the design and production of custom gift and loyalty cards, software capability and merchant education to meet each individual client’s needs. Now serving more than 20,000 merchant locations nationwide, ProfitPoint produces in excess of fifteen million cards per year and does more than ten million stored value transactions on its proprietary gift and loyalty card platform. For more information, visit www.rewardforloyalty.com.
About Inc.com
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ProfitPoint Inc.
www.rewardforloyalty.com
888-541-6789
For more information:
Vaden C. Landers, CEO, ProfitPoint Inc:
615-324-9870
vlanders@profitpointinc.com
