One Source Networks Ranks No. 9 in Inc. Magazine's 30th Annual List of America's Fastest-Growing Private Companies

The Company Achieved No. 1 in the Telecommunications Category with Sales Growth of 10,305% in Three Years


New York, NY, Aug. 23, 2011 (GLOBE NEWSWIRE) -- Inc. magazine today ranked One Source Networks (OSN) NO. 9 on its 30th Annual Inc. 500 list, 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. Companies such as Microsoft, Zappos, Intuit, Jamba Juice, SAS, Cablevision, Vizio, Oracle, and many other well-known names, gained early exposure as members of the Inc. 500.

As a facilities-based carrier agnostic telecommunications provider, One Source Networks (OSN), is the only telecommunications provider to break the top 10, and the company is honored to be recognized by Inc. for its growth.  Ernest Cunningham, President and CEO for OSN, comments, "The company's growth is attributed to our dedication to providing the highest quality services, while adhering to a customer-centric philosophy that runs throughout the company."

The 2011 Inc. 500 list, unveiled in the September issue of Inc. magazine (available on newsstands August 23 to November 15 and on Inc.com), is a group of companies that are smaller, but much faster-growing than last year's crop. Aggregate revenue is $10.5 billion, with a median three-year growth of 1,275 percent. The companies on this year's list employ more than 46,000 people and have generated over 35,000 jobs in the past three years. Complete results of the Inc. 500, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com/500.

For more information about One Source Networks, visit www.onesourcenetworks.com

More about Inc. and the Inc. 500|5000

Methodology

The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 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" target="_blank">www.inc.com/500.

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 710,106, 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 One Source Networks

One Source Networks (OSN) is a facilities-based, carrier agnostic network s

olutions provider based in San Antonio, TX. OSN delivers and manages wide area networks for large and medium enterprise clients by providing a single sourcing channel to deliver in-region solutions from over 150 suppliers around the world.  OSN also provides leading facilities-based global VoIP services for its clients across their existing private or public WAN infrastructures. The OSN network is specifically engineered to ubiquitously interoperate with top global providers, offering superior SIP services with an unmatched direct to on-net voice quality.  OSN delivers all network and voice solutions to its clients under one contract, with one account and service team, on one invoice.

A photo accompanying this release is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=10203



            
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