Gazelle Named to Inc. 500 for Third Consecutive Year

Company Three-Year Sales Growth Exceeds 1,000 Percent


BOSTON, MA--(Marketwire - Aug 30, 2012) -  Gazelle, the nation's leading high-end consumer electronics trade-in site, today announced that it was once again ranked on Inc. magazine's annual Inc. 500, 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. This is the third year in a row Gazelle has been recognized as one of the Inc. 500, joining Facebook on the prestigious list.

"It's an honor to be recognized as one of the Inc. 500 for the third consecutive year," said Israel Ganot, co-founder and CEO of Gazelle. "It's a testament to the dedication of each of our employees and the incredible customers we serve."

Gazelle was recognized for achieving 1,094 percent growth over the three year measurement period, securing its ranking as No. 344. The company also ranked No. 15 in terms of Boston-based businesses and No. 29 in the Consumer Products and Services category.

"To thrive as a business in the last three years has been a particularly difficult achievement considering the condition of the current economy," says Inc. magazine Editor Eric Schurenberg. "Those businesses which have continued to grow and develop are living testaments to the power of creativity, endurance and ingenuity, and represent the most competitive organizations to have represented the Inc. 500 in its history."

For more information on Gazelle, visit www.gazelle.com.

About Gazelle
Gazelle (www.gazelle.com) is the nation's leading high-end consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the effort and risk out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has helped hundreds of thousands of consumers trade in their used gadgets to upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners, Physic Ventures and Craton Equity Partners.

Gazelle is a trademark of Gazelle, Inc., registered in the U.S. iPhone is a trademark of Apple Inc., registered in the U.S. and other countries. Gazelle is not affiliated with Apple.

Contact Information:

Media Contact
Kristin Allaben for Gazelle
617-945-1915
gazelle@launchsquad.com