NEW YORK, Sept. 7, 2012 (GLOBE NEWSWIRE) -- Inc. magazine today ranked XS International NO 4337 on its sixth annual Inc. 500|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 entrepreneurs. Unified Payments tops this year's list. XS International joins Yelp, yogurt maker Chobani, Giftcards.com, KIND and famed hatmaker Tilly's, among other prominent brands featured on this year's list.
"Making the Inc. 5000 list for the 2nd year in a row is a testament to the demand for our Alternative 3rd Party Global Field Maintenance we provide on Cisco, Juniper, Brocade and F5 Networks equipment among others. We are proud we can add to new U.S. job creation since our contracts in the U.S. are serviced by U.S. technicians and not outsourced overseas like most of the call centers staffed by these manufacturers. So not only are we saving customers 20-30% on their annual maintenance, they are receiving faster service," stated Todd Bone, Founder and Chairman of XS International.
XS International also services end-of-life and end-of-service IT equipment which manufacturers will no longer support.
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year's list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
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 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. Editor Eric Schurenberg.
About XS International:
XS International is an IT solutions provider specializing in IT networking solutions, product sales and global field maintenance for network products including: HP, Cisco, Juniper, Brocade and F5. Additional services include data center relocations, IT asset disposition, and the refurbishment and disposition sales of data center servers, storage and networking products. XSi can be found at http://www.xsnet.com.
P.R. Contact: Jenn Cano jcano@xsnet.com.
Methodology
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Inc.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.