ISELIN, NEW JERSEY, Aug. 28, 2012 (GLOBE NEWSWIRE) -- Avaap, Inc., an industry leading IT services firm specializing in Enterprise Resource Planning (ERP) and Business Intelligence solutions announced it has ranked no. 346 on the prestigious Inc. 500|5000 list of fastest growing private companies.
Coming off the heels of a three-year sales spike of 1,060 percent, Avaap, Inc. marks an exponential improvement from its 2011 ranking of no. 1,831. A trailblazing software development enterprise, Avaap is a pioneer in the IT industry with its outcome driven solutions and consulting services. Since its inception six years ago the company has gained rapid market traction, earning the 35th overall ranking in IT services.
"Making the leap from Inc. 5000 to Inc. 500 in one year is a tremendous accomplishment for our team." says Dhiraj Shah, President & CEO of Avaap, Inc. "Our improved ranking further validates the strength of our business model, people, and most importantly our commitment to our customers."
The Inc. 500 list reflects a comprehensive look at the top performing private companies in the American entrepreneurial landscape. The 2012 Inc. 500, unveiled in the September issue of Inc. Magazine, is the most competitive crop in the list's history. To make the cut, companies were required to meet a staggering minimum of 770% in sales growth. Companies such as Microsoft, Intuit, Vizio, Oracle, and many other well-known names gained early exposure as members of the Inc. 500|5000.
Based in Metropark, New Jersey, Avaap was founded with a clear mission of delivering exceptional customer service, innovative software solutions, and becoming a trusted strategic partner for the industries we serve. Avaap is headquartered in Iselin, NJ with offices in St. Paul, Atlanta, Chennai, and Hyderabad.
More information about Avaap can be found at www.avaap.com