New York, New York, Aug. 25, 2011 (GLOBE NEWSWIRE) -- In an announcement today, Inc. Magazine released its exclusive 2011 list of America’s fastest growing private companies, landing Creek Systems in the top twenty (20%) percent. With a three year sales growth of 367%, the California-based firm achieved a rank in the top one thousand companies, defying the stagnant state of the US economy.
In an economic environment that has been extremely sluggish for several years, the median growth rate of 2011 Inc. 500|5000 companies remains at an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year. To qualify for consideration and possible inclusion in the 2011 Inc. 500|5000, companies must have been founded and generating revenue by March 31, 2007 and be US-based privately held for profit enterprises. Qualifying entrant companies are then ranked according to the percentage of revenue growth when comparing 2007 to 2010.
The top 5000 list represents the best of American entrepreneurship, setting the standard for independent achievement in the US market. The year’s honorees, plus alumni previously recognized, are invited to attend the 2011 Inc. 500|5000 Conference & Awards Ceremony on September 22-24, 2011, at the Gaylord National Resort and Convention Center in National Harbor, Maryland.
Kevin Daly, Creek Systems CEO, responded to the announcement by stating, "We are excited about our company and its future as a leader in the American markets. Our ability to sustain continual growth in a significantly stagnant economy for the past three years has proven we possess the strategic capability to circumvent and overcome barriers to consistently increase revenues. Creek Systems provides our client base with recruiting and HR solutions that enables them to reduce costs while sourcing and retaining talent necessary to drive their businesses. It’s our Talent Driving TechnologyTM approach that promotes our success".
In actual standings, Creek Systems ranked #81 out of all qualified Information Technology companies in the United States plus captured the 61st slot for the fastest growing organizations in Los Angeles.
Earlier this year, Creek Systems was recognized by the International Business Awards as a distinguished honoree, for which the award ceremonies will take place in Abu Dhabi in early October. With the addition of making the top 1000 on the 2011 Inc. 500|5000, Creek Systems once again solidifies its standing as a leader in the US business community. As the 844th place holder out of the five thousand American companies that made Inc. Magazine’s 2011 list, Creek Systems is one of the nation’s fast-growing start-ups that help create the bulk of new jobs in the United States.
About Creek System - Creek Systems specializes in providing professional services and solutions to the nation's most prestigious Fortune 1000 companies across a broad spectrum of industries. Headquartered in Orange County, California, Creek Systems support their clients nationwide through a network of offices in major metropolitan areas. Today, Creek Systems continues to be a driving force helping Enterprise clients take action on their resource needs and remains the trusted leader in the human capital acquisition and retention sector.
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