Alexandria, VA, Aug. 30, 2012 (GLOBE NEWSWIRE) -- Dougherty and Associates, Inc. (DAI) has been named to Inc. magazine's Inc. 500|5000 list, an annual ranking of the nation's fastest-growing private companies. DAI has now been named to this list three years in a row, climbing in 2012 to a ranking of 932 and breaking the top 1000 for the first time.
The list focuses on America's independent entrepreneurs, and ranks companies according to percentage of revenue growth over a period of three years. During the 2008 to 2011 measurement period, DAI achieved a 347 percent growth rate. The company also saw an employee growth rate of 343 percent.
"We're thrilled to be on the list again--especially breaking the top 1000," said DAI President and CEO, Dr. Sherilyne Dougherty. "DAI has a talented team and that is really the key to building meaningful relationships with our clients and partners and our continued growth and success."
In a stagnant economic environment, median growth rate of the 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year's list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
"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. Editor Eric Schurenberg.
About Inc. Magazine
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.
About DAI
DAI is a dynamic, woman-owned small business providing
expertise in communications, human capital and learning solutions.
In its second decade of operation, DAI has provided its
specialized services to public agencies, not-for-profit
organizations and corporations--helping them effectively manage
change, strategically refine processes and ultimately build solid
foundations for growth and success. Visit DAI at www.dai-solutions.com.