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RenewData Named to Inc. 500 Company's 744.4% Revenue Growth Cited as Reason for 135 Rank Austin TX, Aug. 24, 2006 - RenewData, a leader in the development of the Information Governance, specializing in electronic discovery, email archiving and compliance, today announced that it has been named to the 25th Annual Inc. 500 fastest-growing privately held companies in the U.S. In its first year to be eligible for the list, RenewData ranked 135 nationally, with a 3-year average annual sales growth of 744.4%. RenewData CEO Bob Gomes credits the strong growth of the company to the market aligning to RenewData's Information Governance vision - aligning information to corporate governance through the convergence of e-discovery, email archiving and compliance. "As the industry is rapidly evolving, RenewData has been able to provide the full service solutions that our corporate and law firm clients are looking for," said Mr. Gomes "Being acknowledged by Inc. Magazine is a testament to the quality of RenewData's vision, solutions, and the work of our team." To be eligible for the 2006 Inc. 500 list, companies had to be U.S.-based, privately held, and not subsidiaries or divisions of other companies. They must have been founded and generating revenue by the first week of 2002 through the end of the 2005 calendar year and therefore able to show four full calendar years of sales. Additionally, they must have at least $600,000 in revenue in their base year. In past years, this distinguished list has included world-class technology companies such as Microsoft, Oracle and Intuit before they became industry powerhouses. "If you want to find out which companies are going to change the world, look at the Inc. 500," said Inc. Editor Jane Berentson. "These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition." About Inc. Magazine: Inc., http://www.inc.com, the only major business magazine dedicated exclusively to owners and managers of growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Inc., a Mansueto Ventures LLC publication, inspires and informs, with cutting-edge coverage that reflects our readers' energy, brashness, and imagination. About RenewData Contact |
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