TechBooks Named to 2001 Inc. 500 List for Second Year
Thursday, November 08, 2001
Fairfax, VA, - TechBooks, a global company committed to delivering tomorrow's publishing technology to publishers today, is included again in this year's Inc. 500 list of the 500 fastest growing privately held companies in the United States. The list demonstrates the continued strength of private companies in the United States, with the class of 2001 reporting a new $12.5 billion record for sales. According to Inc. Magazine, the average five-year growth of these companies is higher than any other class in the past five years. As a whole these companies were still "overwhelmingly profitable, still growing and still hiring." TechBooks solidly illustrates these trends, as it is among the 31 percent of the companies that were also selected for last year's list. The list also speaks well of Washington, D. C. area companies. Thirty-one of the companies listed are from the Washington, D.C. metropolitan area, second only to New York City. Virginia with 25 listed has 3.8 Inc. 500 companies per million residents, according to the report. TechBooks rose from #173 in 2000 to #133 in 2001. "Our rising position on the Inc. 500 list demonstrates our continued growth and our momentum in new markets, such as financial printing," said TechBooks President and Chief Executive Officer, Thomas F. Cunningham. "We are honored to be recognized on this prestigious list again this year."