Ranks No. 3769 on the 2010 Inc. 5000 with Three-Year Revenue Growth of 40%
Boulder, Colo – (August 25, 2010)– Inc. magazine today ranked AppliedTrust No. 3769 on its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. AppliedTrust has made the list all of the last four years.
“Especially given the economic conditions over the past several years, we’re thrilled to be recognized again as one of the fastest-growing companies in the country,” noted Trent R. Hein, co-founder and CEO of AppliedTrust. “Our focus has always been on providing the best value to our clients, and to have solid growth result from that year after year has really been very rewarding for us. It’s one thing to be on the list, but quite a different honor to be on the list four consecutive years. That’s 4 consecutive years of fantastic growth!”
Applied Trust provides IT security, network, and system infrastructure consulting services that help clients maximize their IT investment in the areas of security, performance, and availability, while reducing cost and ecological impact. The company serves clients in a variety of industries, including healthcare, financial services, recreation, and government.
Despite the fact that most of this year’s measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list actually increased to $321.6 billion, up more than 50 percent from last year. The effects of the recession are seen, however, in the median three-year growth rate, which dropped to 96 percent from last year’s 126 percent. This year’s Inc. 5000 employ a record 1.4 million people, up from one million on last year’s list. With unemployment remaining stubbornly high, policymakers and business leaders will do well to look to the Inc. 5000 companies for fresh ideas on achieving growth and creating jobs.
The 2010 Inc. 5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. Additionally, they had to be based in the United States, privately held, for profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2009. The minimum revenue required for 2006 was $80,000; the minimum for 2009 was $2 million. Complete results of the Inc. 5000 can be found at www.inc.com/5000.
“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”
About AppliedTrust
AppliedTrust provides IT security and network/systems infrastructure consulting services. The company serves clients in a variety of industries, including healthcare, financial services, recreation and government. Based in Boulder, Colorado, AppliedTrust's proven process and industry-recognized experts deliver increased security, performance and availability, while reducing ecological impact. For more information, visit www.appliedtrust.com.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures 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 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit Inc. online at www.inc.com.
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- February 8, 2011: AppliedTrust Co-Founder Ned McClain Named to Humane Society of Boulder Valley Board of Directors
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