New York, Sept. 22, 2011 (GLOBE NEWSWIRE) -- Inc. magazine, for the third year in a row, has included education marketing firm AcademixDirect on its annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year. Mountain View-based AcademixDirect ranked #1301, with revenue of $14.2 million and three-year sales growth of 222%.
"AcademixDirect has experienced tremendous growth over the past few years, a testament to both our proprietary, patent-pending technology that matches students with the schools that best suit their needs, and our commitment to customizing our marketing approach for each school partner," said AcademixDirect CEO Karen Francis. "We have assembled a fantastic team committed to delivering the highest level of service to all of our customers."
"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. magazine Editor Jane Berentson.
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.
| 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.
About AcademixDirect (www.academixdirect.com)
As the leading innovator in education marketing company, AcademixDirect is a trusted partner creating tailored solutions for improving university enrollment. AcademixDirect strives to innovate better ways to connect college-bound students with the schools that will help them succeed. To that end, the company deploys advanced technology that incorporates a proprietary matching algorithm, fraud detection software, lead scoring and targeting capabilities, as well as a unique customer-centric approach to create value for both educational institutions and students.