Ranks No. 4279 on the 2011 Inc. 5000 with Three-Year Sales Growth of 24%
Boulder, Colo – (August 29, 2011) – Inc. magazine has ranked AppliedTrust no. 4279 on its fifth annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. AppliedTrust has been named to the list every year since 2007.
“As we enter our tenth year of business, we are extremely proud to have once again been recognized as one of the fastest-growing companies in the country,” noted Ned C. McClain, co-founder and CTO of AppliedTrust. “We started the company with a determination to provide our clients with extraordinary value and not focus as much on growth. To have stuck to that determination while also growing fast enough to be named to the Inc. 5000 list for the past five years is icing on the cake for us.”
AppliedTrust provides IT infrastructure, security, and opensource consulting services that help clients maximize their IT investment in the areas of security, performance, and availability, while reducing cost and ecological impact. AppliedTrust clients are organizations where effective IT is critical to the reputation and growth of their business, and hail from a variety of industries, including healthcare, financial services, hospitality, recreation, and government.
AppliedTrust is one of 21 Colorado companies to make the list for five consecutive years, and one of only three IT services companies in Colorado to make the list for all five years. The company is privately held and entirely self-funded. Clients range from non-profits to government agencies to large corporations, and from local to international in scope; they include the U.S. Geological Survey, The National Center for Atmospheric Research, Kleinfelder, Vail Resorts, and Children’s Hospital of Colorado.
The median growth rate of 2011 Inc. 500|5000 companies was an 94 percent, which is especially impressive in the current economic environment. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
The 2011 Inc. 5000 is ranked according to percentage revenue growth from 2007 through 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. 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, 2010. The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. Complete results of the Inc. 5000 can be found at www.inc.com/5000.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. magazine Editor Jane Berentson.
About AppliedTrust
AppliedTrust provides IT infrastructure, security, and opensource 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 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.