New York, NY, Aug. 20, 2012 (GLOBE NEWSWIRE) -- Inc. Magazine has ranked Wall Street Network Solutions (WSNS) #100 on its 31st annual Inc. 500|5000, an exclusive ranking of America's fastest-growing private companies.
"We are thrilled to be named to the 2012 Inc. 500," said WSNS CEO, Michael Fritzlo. "In addition to being named the 100th fastest growing private company in America, we were also honored as the 4th fastest growing company in the telecommunications market. The company continues to grow at an intensely rapid pace. In fact, we are currently on track to more than triple our year over year revenue in 2012," adds Fritzlo.
The 2012 Inc. 500, unveiled in the September issue of Inc. (available on newsstands August 21 to November 15 and on Inc.com), is the most competitive crop in the list's history. To make the cut, companies had to have achieved a minimum of 770% in revenue growth. The Inc. 500's aggregate revenue is $15.7 billion, with a median three-year growth of 1,431 percent. The companies on this year's Inc. 500 employ more than 48,000 people and generated over 40,000 jobs in the past three years. Complete results of the Inc. 500|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/500.
"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 Eric Schurenberg.
Methodology
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 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 Wall Street Network Solutions
Wall Street Network Solutions (WSNS) is a leading provider of high performance network solutions to the global financial community. Founded in 2008, the WSNS team has unmatched expertise in ultra-low latency networks and a deep understanding of the financial industry's mission-critical network requirements. The company supports many of the world's leading financial institutions. For more information, visit: http://www.wsnsllc.com.
About Inc.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc.is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.