Inc. Magazine Reveals Its 27th Annual List of America's 500 Fastest-Growing Private...

Inc. Magazine Reveals Its 27th Annual List of America's 500 Fastest-Growing
Private Companies
Netlink Tops the IT 500 List With Three-Year Sales Growth of 720.5%

MADISON HEIGHTS, Mich., Sept. 2 /PRNewswire/ -- Inc. magazine today ranked
Netlink's 720.5% three year growth as one of the top six Michigan companies in
its 27th annual Inc. 500 list of the fastest-growing private companies in the
U.S. The list is the most comprehensive look at the most important segment of
the economy - America's independent-minded entrepreneurs. Netlink joins
companies such as Zappos, Intuit, GoDaddy, Under Armour, Jamba Juice, American
Apparel, and Oracle in the group of Inc. 500.
"If you want to find out which companies are going to change the world,
look at the Inc. 500," said Inc. Editor Jane Berentson. "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."
"Our focus on immediate business results for our clients underscores this
recognition and the Netlink IT team's success as the premier provider of
professional information technology and business process solutions," Netlink
CEO Dilip Dubey said. "The IT division's outstanding 720.5% growth over three
years puts us in an excellent position to more than triple our total corporate
annual revenues in the next three years as we continue our dramatic global
growth with our team of 1,200 professionals in North America, Europe and
Asia."
Dubey stressed that Netlink works with many successful companies including
General Motors, Chrysler, Starbucks, Teletech, Takata, MSX International, DTE
Energy, Blue Cross Blue Shield and Avaya.
The 2008 Inc. 500, as revealed in the September issue of Inc. magazine (on
newsstands August 26 - September 30), reported aggregate revenue of $13.7
billion and median three-year growth of 1,046%. Total sales for Inc. 500
companies were 14 percent below last year's combined revenue of $16 billion;
still, it was a stellar year for many companies. Not only did sales for this
year's top 50 growers outstrip those of last year's top 50 by $541 million,
but this year's fastest 50 also boasted a staggering 47 percent jump in
average three-year growth from last year's top of the class. Additionally,
the 2008 Inc. 500 companies were engines of job growth, having created more
than 51,414 jobs since those companies were founded.
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 .
Hottest Industries for Fastest-Growing Businesses
The most notable median growth categories among Inc. magazine's list of
the 500 fastest-growing businesses is in the Food & Beverage category (which
grew by 2,626.8 percent on average), followed by Real Estate (which grew by
1,817.4 percent on average), Financial Services (which grew by 1,638.6 percent
on average), Government Services (which grew by 1,277.9 percent on average),
and Advertising & Marketing (which grew by 1,189.1 percent on average).
The largest business category is IT Services, with Netlink and 66 other
Inc. 500 companies. Business Services (59 companies), Advertising &
Marketing, and Government Services (35 companies each), and Software (28
companies) round out the top five industries ranked on the 2008 Inc. 500.
Industries reporting the highest total revenue from 2004 to 2007 are
Computers & Electronics ($2.1 billion), Energy ($1.3 billion), Government
Services ($1.2 billion), IT Services ($974.2 million), and Real Estate ($909.3
million).
Methodology
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.
Companies can apply for next year's Inc. 500/5000 by registering with
"IncBizNet, Business Network for Private Companies", at www.incbiznet.com .
About Netlink
Founded in 1997, Netlink provides superior application development
services from creative, Flash-based front ends to custom e-commerce, portals
and application development.
With headquarters in Madison Heights, the company has offices in
Southfield, Phoenix, Bomi and Bhopal, India. The company's growth has been
nothing short of phenomenal with an average annual growth exceeding 100
percent since 1997.
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.
SOURCE Netlink

Bruce MacDonald for Netlink, +1-248-840-6990, bmacd@liemac.com