New York, Dec. 14, 2011 (GLOBE NEWSWIRE) -- IPNetZone Communications, Inc., today formally announced that Inc. magazine ranked IPNetZone No. 416 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, Clif Bar, Vizio, Oracle, and many other well-known names gained early exposure as members of the Inc. 500.
The 2011 Inc. 500, unveiled in the September issue of Inc., 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 generated over 35,000 jobs in the past three years. The list results were based on the percentage of revenue growth from 2007 to 2010. To qualify, companies must be based in the United States and have earned a minimum revenue of $100,000 in 2007 and a minimum revenue of $2 million in 2010. 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 at www.inc.com/500.
"We're thrilled to be a part of the 2011 Inc. 500! It's a testimony to the drive of our committed team and to the continued trust our partners place in us," said Allan Schwartz, co-Founder and CEO. "We have seen tremendous historical growth and that trend is continuing into 2012. As a disruptive player in the traditional telecom carrier model, we are forging new ground on many levels: in the relationship between carrier and agent/reseller, in the capacity of Sales Engineer vs. NOC technician; we are even breaking new ground as we redefine coopetition and competition."
James Karimi, co-Founder and CTO at IPNetZone, says that "in essence, IPNetZone has created a private Internet, connecting enterprises with the applications and solution providers that they really need. Forging economically viable ties between service providers and end users, allows our community of customers and networks to achieve productivity levels well beyond those of the past. When a customer in New York can extend a vlan to a service provider application in North Carolina, and simultaneously to a voip provider in Chicago, all across the same fiber circuit, and then provide failover over a copper or a cable infrastructure, we really feel its revolutionary!"
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 IPNETZONE COMMUNCATIONS
IPNETZONE COMMUNICATIONS INC., is a rapidly growing, privately-held global network provider based in New York and provides international data, Internet, MPLS, and managed network and monitoring solutions to enterprise and carrier clients internationally. Founded in 2007, IPNETZONE has provided data circuits ranging from business class cable to 10 gigabit metro Ethernet circuits globally as well as a full suite of converged IP communications products and network management solutions. Most recently IPNetZone has launched the MEP, the world’s first global MPLS Exchange Platform, a series of interconnection points allowing for the construction of MPLS networks across multiple carriers, thus enabling seamless and immediate connectivity to global markets and facilities. IPNetZone has overlaid their network with a VPLS mesh as well, and is adding valuable on-line properties into its mix, making the IPNetZone backbone a preferred network of choice for CLEC’s, ITSP’s, and international carriers alike. For more information please visit: http://www.ipnetzone.com/featured/mpls-exchange-platform/, email sales@ipnetzone.com or call an IPNETZONE Sales Representative today at: +1 (646) 254-6800 or +1 (877) 500-4IPZ (4479).