Fairfax, VA, Aug. 25, 2011 (GLOBE NEWSWIRE) -- Inc. magazine ranked American Technology Services, Inc. on its fifth annual Inc. 500|5000, 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.
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent and aggregate revenue among the honorees reached was up 14 percent from last year.
"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.
"We are pleased to be recognized by Inc. for the second year in a row," said Jeff Chandler, President of American Technology Services. "Our consistent growth is no accident - we work hard to achieve revenue growth by focusing on our core IT strengths in specific vertical markets. We know our markets, we listen to our clients, and we are fanatical about providing high-quality services."
The 2011 Inc. 5000 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, companies had to be based in the United States, privately held, for profit, and independent as of December 31, 2010.
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. 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. Learn more at www.inc.com.
American Technology Services, Inc., headquartered in Fairfax, VA, is a leading provider of comprehensive IT services for small and mid-sized organizations. Founded in 1994, the company has a strong track record of providing high-quality service to associations and other non-profits, financial institutions, and professional services firms such as government contractors. American Technology Services has broad experience in network support, web design and development, and managed hosting. We provide services for total outsourcing and project-based support. Visit us at www.networkATS.com.
# # #
If you would like more information on this topic, please contact Nicole Cain at 703.876.0300 or by email at press@networkATS.com.