Solid Cactus®, an award-winning web design company and total solutions e-commerce provider, announced that it has been recognized by the prestigious Inc. 500 list of fastest growing companies. The Inc. 500 and the newly created Inc. 5000 lists for 2007 were made public on August 23, 2007.
- Solid Cactus is the 28th fastest growing private IT Services company in America.
- Solid Cactus is the 255th fastest growing private company in America.
“This is wonderful recognition for our company,” said Solid Cactus Co-Founder and President Scott Sanfilippo. “We never set out to be a fast growing company; we merely wanted to be the very best at what we do. Our success has led to more success. One unique feature of the Internet is how fast the word gets around about your company. Be it good or bad, people find out and respond accordingly. We are honored with what the Inc. 500 listings mean. They mean that we’re doing things right and succeeding along the way.”
The 2007 Inc. 500 list and profiles are available in the September issue of Inc. and https://www.inc.com/inc500.
Solid Cactus has also noted other milestones in its recent history:
- Three year growth was 922.4%
- Revenue for 2006 was $3.6 million – revenue for 2007 is expected to be over $7 million
- Employee count at end of 2006 was 72 – today it is 107
How the 2007 Inc. 500 Companies Were Selected:
This year’s list measures revenue growth from 2003 to 2006. To qualify, companies must have been founded and generating revenue by the first work of 2003 and therefore able to show four full calendar years of sales. Additionally, they had to be U.S. based, privately held and independent – not subsidiaries or divisions of public companies as of December 31, 2006. The minimum revenue required for 2003 is $200,000; the minimum for 2006 is $2 million. Revenue figures given in the company profiles correspond to calendar year 2006 and the number of employees listed is as of December 31, 2006. Full-time and part-time employees are included; independent contractors are not.
From the Inc. Magazine web site:
For more than 25 years, Inc. magazine has celebrated the remarkable achievements of today’s entrepreneurial superstars—the men and women leading the 500 fastest-growing, private companies in America—with the annual Inc. 500 list. This year, Inc.com will present the Inc. 5,000—the first ever expansion of the Inc. 500 list. Inc. is a monthly magazine for entrepreneurs and small businesses based in New York City. It also publishes an annual list of the 500 fastest-growing private companies in the U.S., the “Inc. 500.”