Press Release – DirectNET, Inc. Ranks 86 in the Inc. 5000 Fastest Growing Private Companies in Denver-Aurora
Broomfield, CO—September 17, 2007: Inc. today ranked DirectNET, Inc. on its first-ever Inc. 5,000 list of the fastest-growing private companies in the country. The Inc. 5,000, an extension of Inc. magazine’s annual Inc. 500 list, catches many businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms. Taken as a whole, these companies represent the backbone of the U.S. economy.
“The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy – the entrepreneurial part,” said Inc. 5,000 Project Manager Jim Melloan. “The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like Manufacturing and Construction that are under-reported in the business media.”
“We are very pleased to have been selected for this notable award,” commented Alan Mamane, CEO and President of DirectNET. “Our success can be attributed to both a solid understanding of the markets we serve, as well as a commitment to providing the highest level of technical knowledge and the best independent solutions to meet our customer’s needs.”
As a value-added reseller of IT infrastructure technology, including KVM switch, server rack, and other data center management technologies, DirectNET understands the importance of validating a manufacturer’s technology prior to recommending it to customers. To this end, the company maintains an in-house test lab for the equipment it deals, giving the DirectNET team first-hand experience with the solutions. That direct technical knowledge leads to superior customer support, as well as hands-on training and expertise for their sales and support engineers.
With over 30 employees, one of DirectNET’s core values is the commitment to support and recognize diversity by acknowledging and appreciating varied ethnic, racial, life choice, and national differences. In an effort to facilitate this principal, the company holds an annual “Diversity Day” where employees are encouraged to share and express their own background, things that they are interested in, places they would want to visit and specific cultures they are a part of.
The 2007 Inc. 5,000, as revealed online at www.inc.com, reported median revenue of $9.4 million and median three-year growth of 140 percent. Complete information on this year’s Inc. 5,000, can be found atwww.inc.com/inc500. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management. In addition, the list is searchable according to numerous criteria, including industry, city, state, region, and year founded.
Hottest Regions for Fastest-Growing Companies
Leading the list of the fastest-growing companies in the nation is the Midwest region with 1,046 of the fastest-growing companies, followed by the West with 884 companies. The Southeast comes in a close third, with 872 companies, followed by the Northeast with 782 companies, and the Mid-Atlantic region with 606 companies.
Hottest Industries for Fastest-Growing Businesses
The largest business category is Construction, with 561 of the fastest-growing companies in this category, followed by Manufacturing with 515 companies, IT services in third with 466 companies, Business Services with 377 companies and Advertising & Marketing with 349 companies round out the top five industries ranked on the 2007 Inc. 5,000.
Industries reporting the highest total revenue in 2006 are Construction ($27.1billion), Manufacturing ($18.6 billion), Health ($13.1 billion), Computers & Electronics ($12.7 billion), and Financial Services ($11.8 billion).
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.
Companies can apply for next year’s Inc. 500 and Inc. 5,000 by registering with IncBizNet, the new social network for private companies that will launch this fall on Inc.com.
About DirectNET, Inc.
DirectNET (http://www.directnet.us), founded in 1995, is comprised of three independent companies/business units: 42U (http://www.42u.com), the leading value-added reseller (VAR) of enterprise KVM Switch Solutions; (http://www.kvm-switches-online.com), KVM Switch Online the largest KVM Switch e-commerce store in the US; and Server Rack Online and (http://www.server-rack-online.com), the largest “click and build” online rack superstore.
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 681,421, Inc.provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.