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New York, (October 1,
2003) - Inc. Magazine, the premier publication for small and medium-sized
businesses, today released its 22nd annual Inc. 500 ranking of the
fastest-growing private companies in the country.
Accounting & CRM Software Consulting Company, Shelko Consulting LLC, ranks #421 on
the list, with five-year sales growth of 418%. The Inc. 500 Special Issue
will appear on newsstands October 14 and will be on display until January
2004.
The companies that made this list have thrived through continued stagnation
in the economy, posting an average five-year sales growth of 1,312%. With
aggregate revenue of $14.4 billion, Inc. 500 companies are a formidable
market force. And while the United States shed 1.5 million jobs in 2002,Inc.
500 companies - half of which were launched with less than $20,000 -
provided employment for 67,973 people.
"The entrepreneurs you'll find on the Inc. 500 have the type of attitude we
need to get this economy moving again," said Inc. editor-in-chief John Koten.
"For them, a tough market is not an excuse for poor performance, but an
opportunity to innovate and rise above the competition."
The Inc. 500 ranks privately held companies according to sales growth over
the past five years. With 75% of all new job creation in the U.S. coming
from small businesses, the Inc. 500 is a prescient indicator of the
companies and industries that are driving the economy forward. Over the
years, the Inc. 500 has identified the next generation of world-class
companies, with Microsoft, Stonyfield Farms, Timberland, Oracle, Princeton
Review, Morningstar, E* Trade, Intuit and Domino's Pizza all appearing on
the list before they became industry powerhouses.
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