NEW YORK, Aug. 21, 2012 (GLOBE NEWSWIRE) -- Inc. magazine today ranked NorthStar Moving® NO. 3,406 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. NorthStar Moving joins Yelp, yogurt maker Chobani, Giftcards.com, KIND and famed hatmaker Tilly's, among other prominent brands featured on this year's list.
"To join this club of leading and innovative companies for the sixth year is tremendous for us," said NorthStar Moving Co-Founder and President Ram Katalan. "The recession and down real estate market created a different reality. Many businesses thought it was a time to cut corners on the level of service they provided. Our approach was the exact opposite, now is the time to deliver more to your clients. Thus, we came up with added services to make our clients' moves even more seamless. Among other initiatives, we built alliances with top-notch vendors to provide our clients with needed services such as recycling old household items, pet care, interior design and electronics installation. We're happy that the market place responded to our commitment to providing customized care and top quality, luxury moving services to maintain a spot on the Inc. 500|5000 list for every year it has been in existence."
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.
More about Inc. and the Inc. 500|5000
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.
About the Inc. 500|5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today's entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list's alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us October 3–5, 2012, at the JW Marriott Desert Ridge Resort & Spa in Phoenix, Arizona. For more information about the 2012 Inc. 500|5000 Conference & Awards Ceremony and to register, visit www.inc500conference.com or call 866-901-3205.
About NorthStar Moving
Founded in 1994, Los Angeles-based NorthStar Moving ® Company has redefined the moving industry as the first to offer eco-luxury moving services, elevating basic moving and storage services to a new unparalleled level of customer service, customized care, and environmental consciousness. "A+" rated by the Better Business Bureau, voted Citysearch "Best Mover," awarded the company with the most five star ratings on Trustlink and Yelp, featured in The Robb Report Collection, recommended by Coldwell Banker Moving Services, The Franklin Report, MovingInsurance.com, and an impressive list of celebrity clientele, NorthStar Moving has proven the state-of-the-art way to move is with its red carpet service. In addition, NorthStar Moving's corporate culture and growth continue to blaze a trail locally and nationally, ranked on the Inc. 5,000 list for the fastest growing companies in the U.S. for the sixth consecutive year, named one of the "Top 100 Fastest Growing Private Companies" and "Best Places to Work" by the Los Angeles Business Journal for three consecutive years, and one of the "Top 50 Fastest Growing Private Companies" for the fifth consecutive year and "Top 20 Best Places to Work" for two consecutive years by the San Fernando Valley Business Journal, as well as 2012 "Vendor of the Year" by the California Apartment Association of Los Angeles. The company's services include local, long distance, international, residential, and commercial moves, as well as full-service storage. NorthStar Moving's mission is to exceed their clients' expectations with graceful customer care and to move service back into what should have always been the ultimate service industry: the moving industry. For more information, please visit www.NorthStarMoving.com or call (800) Ask-Pros (800) 275-7767.
The NorthStar Moving ® Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11792