Network Outsource Ranks on the 2010 Inc. 5000 List of America’s Fastest-Growing Private Companies
New Hyde Park, NY – August 24, 2010
Inc. magazine today ranked Network Outsource #536 in its industry and #4244 on the fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs. Music website Pandora, convenience store chain 7-Eleven, Brooklyn Brewery and Radio Flyer are among the prominent brands featured on this year’s list.
“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 Bob LaPointe, president of Inc. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”
With a three-year growth rate of 26 percent, this is the second year Network Outsource has appeared on the Inc. 5000. Network Outsource has been providing technology solutions to businesses, schools and nonprofits in New York City and on Long Island for nearly 15 years. In that time, the company has grown from a small two-man operation to currently employing nearly 50 associates.
“We are thrilled to join the group of very impressive businesses on the 2010 Inc. 5000 list,” said Adam Mahoney, president of Network Outsource. “This recognition is a tremendous honor, and much of the credit goes to our dedicated staff of talented and hardworking individuals.”
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. 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.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region and other criteria, can be found on www.inc.com/5000.
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 us online at www.inc.com.
About Network Outsource
Network Outsource plans, implements and manages the data and voice networks of public sector and commercial clients. They provide a host of managed services and one-stop IT solutions, including a combination of proactive remote service engineering (RSE), helpdesk, on-site support, project management and integration, utilizing innovative technologies to meet the specific requirements of our clients.