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Inc. Magazine Unveils Its Annual Exclusive List of America’s Fastest-Growing Private Companies—the Inc.500|5000

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Inc. Magazine Unveils Its Annual Exclusive List of America’s Fastest-Growing Private Companies—the Inc.500|5000

Precision IT Group Ranks No. 3141 on the 2011 Inc. 500|5000 with Three-Year Sales Growth of 63%

 

NEW YORK, August 23, 2011 – For the third successive year, Inc. magazine today ranked Precision IT Group, a leader in managed IT services, on its fifth annual Inc. 500|5000. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Online retailer ideeli tops this year’s list. Precision IT Group joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts and Metrokane, makers of the Rabbit corkscrew, among other prominent brands featured on this year’s list.

Precision IT ranked 403rd in the IT services industry and 3141st overall nationwide list of the top 5000 U.S. based, privately-held, independent companies. The Inc. 5000 list is ranked according to percentage revenue growth when comparing 2007 to 2010.

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.

“Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward.  Growth companies, not large corporations, are where the action is,” says Inc. magazine Editor Jane Berentson.

Precision IT Group owes its success to growth through customer referrals and its 24/7 managed IT services solution. Precision IT Group provides managed IT services to more than 150 clients in a number of industries, and is continuing to expand its service offerings, especially in the area of cloud computing.

About Precision IT Group, LLC

 

Since its inception in 2004, Precision IT continues to provide a wide range of IT solutions defined by expertise and technology to SMB and enterprise companies. Precision IT has built a reputation of delivering innovative IT solutions that adapt to the growing complexities of today’s computing environment. Precision IT Group’s service portfolio includes managed IT services, project management, cloud hosting, backup and disaster recovery solutions, asset management and procurement services. Precision IT is headquartered in New York with satellite offices in Philadelphia, and Charlottesville, Virginia.

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 us online at www.inc.com.

CONTACT: For additional information, please contact Brea MacIsaac at (917) 258-0846 or bmacisaac@precisionit.com.