Falls Church, VA, Aug. 21, 2012 (GLOBE NEWSWIRE) -- Inc. magazine today ranked Three Wire Systems, LLC 1,029 on its sixth 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. Three Wire joins Yelp, yogurt maker Chobani, Giftcards.com, KIND, and famed hatmaker Tilly's, among other prominent brands featured on this year's list.
"Three Wire's continued sales growth is a testament to the quality of our products, services, and employees," says CEO Dan Frank. "I'm proud that Three Wire is again included on the Inc. 5,000, as well as the fact that our sales numbers have translated into employee growth, adding 62 new positions the past three years."
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. Three Wire's three-year growth of 308% ranks the company 86th in government services and 91st in Washington, DC.
"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.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
Methodology
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Three Wire Systems:
Three Wire Systems, LLC is a multi-faceted Service Disabled Veteran Owned Small Business providing information technology (IT) solutions, services, and program management. Our mission-oriented IT solutions include practice areas in business service management, mobile device and application management, cyber security, enterprise infrastructure, and virtual collaboration. Our professional services staff brings expertise in IT systems administration, operations, and maintenance. By integrating leading-edge technology with commercial best practices, Three Wire Systems focuses on technology solutions that contribute to our clients' bottom line. For more information visit www.threewiresys.com.
About Inc:
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. For more information, visit www.inc.com.