Cetan Corp Named to the Inc. 500 List of Fastest Growing Companies; Posts Growth of 2275%

Company Ranked 119 Fastest-Growing Company Overall; Ranked First Top Native American-Run Company, Top Native American Entrepreneur, Seventh Nationwide IT Services, First IT Services in Virginia, Fifth for Overall Top Companies in Virginia and First Overall in Southeast Virginia.


Chesapeake, Virginia, Aug. 23, 2011 (GLOBE NEWSWIRE) -- Chesapeake, VA, Aug 23, 2011 - Inc. magazine today ranked Cetan Corp (http://www.cetancorp.com), an IT Software and Services provider based in Southeast Virginia, number 119 on its 30th annual Inc. 500, 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, Zipcar, Vizio, Oracle, and many other well-known names gained early exposure as members of the Inc. 500.

Cetan Corp was founded in 2007 by IT industry veteran and entrepreneur Brad Scott as a software and professional services solution provider to help public and private sector organizations reduce IT complexities and the improve the cost and quality of their service delivery. 

Beginning with an initial investment of $5,000, Cetan Corp has grown from a single employee, home based business to a corporation with team members across North America and revenues approaching $10 million.  Cetan Corp is capitalizing on this success by investing in the future and in 2011 the company opened a new Corporate Office and Training Center in Chesapeake, Virginia, created new jobs by adding employees in key Management, Technical and Sales positions and made strategic upgrades to its infrastructure.         

"We are excited to be recognized on the Inc. 500 list placing in the top 25% overall and first in many other categories. "This is a validation that we are successfully executing and meeting a need in the market" said Brad Scott, President and CEO of Cetan Corp. "This is also a testament of our team's hard work, dedication and commitment to our customers" added Scott.

The three-year growth rate for Cetan Corp was an impressive 2275 percent, earning the company a ranking  of119th Overall on the INC. 500 list for 2010. INC also ranked Cetan Corp First Top Native American-Run Company, Seventh Nationwide IT Services, First IT Services in Virginia, Fifth for Overall Top Companies in Virginia, First Overall in Southeast Virginia. Additionally, President and CEO, Brad Scott was named Top American Indian Entrepreneur. 

About Cetan Corp  

Cetan Corp is a Native American, Veteran Owned business that specializes in enterprise software solutions and related professional services for government and commercial organizations. As an award winning Value Added Reseller of industry leading solutions and a provider of comprehensive Implementation, Training and Support services Cetan Corp delivers proven results that help its customers achieve their business goals. Cetan Corp has a growing client base of over 300 customers across the Americas and Europe.

Cetan Corp is an Elite Solution Partner for BMC Software, Inc - One of the 10 largest software companies in the world and the maker of industry leading solutions, including BMC Control-M Workload Automation. Cetan Corp earned this designation based on its expertise in the industry and solid track record of helping customers realize business value through the use of BMC Software solutions.  Cetan Corp was awarded BMC Software Partner of the Year for FY2010.

For more information visit the Cetan Corp’s website at http://www.cetancorp.com, email info@cetancorp.com or contact Tony Morelli at 877-423-8260. 

A file accompanying this release is available at:
http://media.globenewswire.com/cache/16681/file/11065.pdf



            

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Cetan Corp Named to the Inc.500 List of Fastest Growing Private Companies in the Country

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