Three-Year Sales Growth Increased by 321%
HOUSTON, TX--(Marketwire - Sep 7, 2012) - This week Inc. magazine ranked MicroSeismic, Inc. 988 on its sixth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The company ranked 36th in the energy industry and 20th in Houston.
"We're thrilled with this announcement. It validates that customers are finding real value optimizing their completions using our technology," said Dr. Peter Duncan, Founder, President and CEO. "This achievement is a recognition that our team here at MicroSeismic continues to innovate and go above and beyond for our customers on a daily basis."
For energy companies with the same revenue or higher, MicroSeismic, Inc. ranks 10th in growth. Within the oil and gas industry, they are the 2nd fastest growing company with at least $50M in revenue.
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.
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 the Inc. 5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today's entrepreneurial superstars -- the privately held small businesses that drive our economy. The Inc. 5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 5000 honorees and the list's alumni, for three days of powerful networking, inspired learning, and momentous celebration.
MicroSeismic, Inc. is an oilfield services company providing real-time monitoring and mapping of hydraulic fracture operations in unconventional oil and gas plays. Founded in 2003, MicroSeismic is the pioneer in monitoring microseismic activity utilizing surface and near-surface arrays. The company helps oil and gas companies understand how the reservoir responds to stimulation and its impact on customer economics.
For more information visit: www.microseismic.com