Visix Named to Prestigious Inc. 5000 for Fifth Consecutive Year
ATLANTA, GA – August 23, 2011 – Inc. magazine today ranked Visix, Inc., a leading digital signage software provider, no. 3479 fifth 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. This is Visix's fifth consecutive year appearing on the list. Visix is ranked 238 in the software industry category.
"Through each evolution, Inc. has sought to recognize and to celebrate the creativity, dedication, and hard work that entrepreneurs put into building their companies," says Jane Berentson, Editor for Inc. magazine. "With this accomplishment, Visix joins the rarified company of enterprises that have appeared on the list multiple times, many of which have grown to become national icons."
"We're honored to be recognized on the list again," says Sean Matthews, President of Visix. "Despite the continued challenges of the macro-economy, we have been able to sustain growth through innovation in both our digital signage technologies and our service offerings. We continue to gain opportunities in digital signage for universities, healthcare facilities and corporate campuses, and our financial performance in the first half of 2011 sets the stage for a return to double-digit growth within the calendar year."
This year, Visix released its first fully localizable digital signage application for international deployments, a new interactive wayfinding product, a Twitter board digital sign, and bolstered their creative services and consulting efforts. The company also launched a new social media initiative – a unified presence on Facebook, Twitter, YouTube, LinkedIn, and its own Visix User Forum – providing advice and tools for digital signage design and technology.
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year's list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
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.
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 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 Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit Inc. online at www.inc.com.
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