OLDSMAR, Fla., Sept. 19, 2012 (GLOBE NEWSWIRE) -- Vology (http://www.vology.com), a global provider of new and certified pre-owned networking and telecommunication solutions, is ranked on the 2012 Inc. 5000 list at #3496 with 54 percent growth for the past three years.
This is the seventh consecutive year Vology has appeared on the Inc. list of companies ranked by revenue growth percentage. The Company also was listed as #499 in the IT services industry and #48 in Tampa in the Trophy Case.
"These have been remarkable growth years for Vology that have poised us for even more rapid growth going forward," says CEO Barry Shevlin. "During the past two years, we have invested heavily in infrastructure and operations and plan to drive our value proposition out to a broader set of customers while enhancing value for our existing customers."
Shevlin adds that a major focus for Vology will be to add the right people in the right places to drive that growth. The company expects to add as many as 100 new hires over the next 12 months.
Other recent achievements for the company include:
- The company acquired Sooner Network Solutions in August 2012.
- Vology has been ranked #202 by UBM Channel as a part of CRN's 2012 Solution Provider 500 list, which ranks the top technology integrators in North America.
- Vology has been named by Everything Channel as a part of CRN's 2011 VAR500 list, which ranks the top technology integrators in North America.
- In 2011, Vology completed a $32.5 million capital raise to refinance outstanding subordinate debt and preferred stock and to fund key growth initiatives, including potential acquisitions
About Vology
Ranked in the Inc. 5000 list of fastest growing companies in the U.S. for seven consecutive years, Vology (http://www.vology.com) is a leading global technology solutions provider that serves tens of thousands of customers across 80 countries. Vology has one of the industry's largest inventories of top quality new and certified pre-owned manufacturer products, including Cisco, Juniper Networks, Brocade, Extreme Networks, Avaya, HP, Palo Alto, Meru and ShoreTel. Vology provides same-day and next-day shipping on most items as well as flexible purchasing and leasing terms. The company offers total IT asset lifecycle management expertise to help customers power their enterprises as their technology requirements evolve. Vology is headquartered in the Tampa Bay area, with offices in Syracuse, Denver, Sacramento, Austin and Oklahoma City.
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