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 Sorriso Technologies Ranks No.
648 on the 2007 Inc. 5,000
and 47th out of 246 of all Software Companies.
NEW YORK, August 27, 2007 - Inc.
ranked Sorriso Technologies No. 648 on its first-ever Inc. 5,000
list of the fastest-growing private companies in the country.
The Inc. 5,000, an extension of Inc. magazine's annual Inc. 500
list, catches many businesses that are too big to grow at the
pace required to make the Inc. 500, as well as a host of smaller
firms. Taken as a whole, these companies represent the backbone
of the U.S. economy.
"The Inc. 5,000 provides the most
comprehensive look ever at the most important part of the
economy - the entrepreneurial part," said Inc. 5,000 Project
Manager Jim Melloan. "The expansion of the list has allowed us
to tell the stories of larger companies, older companies, and a
wealth of companies in industries like Manufacturing and
Construction that are underreported in the business media.
Sorriso Technologies
has Charted the Path Into the 4th Generation of Online Billing
Sorriso is the premium provider of enterprise
level online billing software and services to businesses that
have the need to be online. Sorriso's proven solution, the
Persona Solution Suite, delivers scalable, reliable and
best-of-breed online services to communications, financial,
utilities, manufacturing, healthcare and insurance companies
helping to define, design and deliver a differentiated online
experience that attracts customers, builds loyalty and drives
profitable revenues.
"Delivering customer value over the Internet
has always been a challenge. But the web 2.0 "me & my" phenomena
have dramatically and fundamentally changed customer
expectations. These changes raise the bar for web business
portals and create new opportunities in the context of this
incredible paradigm shift," commented John Kowalonek, President
and CEO of Sorriso Technologies, Inc.
The Acton, Massachusetts based company ranked
32 out of 198 of all state-wide companies and 6 out of 18 of
all Massachusetts software companies. "In the near future, the
enhanced level of online interactivity with customers,
prospects, employees and partners will mark the difference
between businesses that fail and those that thrive," added
Kowalonek. More information on Sorriso Technologies, Inc., their
thought-leadership and the Persona Solution Suite can be found
at
www.sorrisotech.com.
The 2007 Inc. 5,000, as revealed online at
www.inc.com, reported median
revenue of $9.4 million and median three-year growth of 140
percent. Complete information on this year's Inc. 5,000, can be
found at
www.inc.com/inc5000. The list
features a profile for each company, almost all of them written
as a result of Inc. interviews with management. In addition, the
list is searchable according to numerous criteria, including
industry, city, state, region, and year founded.
Hottest Regions for
Fastest-Growing Companies
Leading the list of the fastest-growing
companies in the nation is the Midwest region with 1,046 of the
fastest-growing companies, followed by the West with 884
companies. The Southeast comes in a close third, with 872
companies, followed by the Northeast with 782 companies, and the
Mid-Atlantic region with 606 companies.
Hottest Industries for
Fastest-Growing Businesses
The largest business category is
Construction, with 561 of the fastest-growing companies in this
category, followed by Manufacturing with 515 companies, IT
services in third with 466 companies, Business Services with 377
companies and Advertising & Marketing with 349 companies round
out the top five industries ranked on the 2007 Inc. 5,000.
Industries reporting the highest total revenue in 2006 are
Construction ($27.1billion), Manufacturing ($18.6 billion),
Health ($13.1 billion), Computers & Electronics ($12.7 billion),
and Financial Services ($11.8 billion).
Methodology
The 2007 Inc. 5000 list measures revenue
growth from 2003 through 2006. To qualify, companies had to be
U.S.-based and privately held, independent - not subsidiaries or
divisions of other companies - as of December 31, 2006, and have
had at least $200,000 in revenue in 2003, and $2 million in
2006.
Companies can apply for next year's Inc. 500 and Inc. 5,000 by
registering with IncBizNet, the new social network for private
companies that will launch this fall on Inc.com.
About Inc.com
Inc.com, the Daily Resource for
Entrepreneurs, delivers advice, tools, breaking news, and rich
multi-media to help business owners and CEOs start, run, and
grow their businesses more successfully. Information and advice
covering virtually every business and management task, including
marketing, sales, finding capital, managing people can be found
at
http://www.inc.com.
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