Chicago, IL, May 17, 2008 --(PR.com
)-- The Private Company Index (PCI) announces its “Top Five Growth Company” slate for Q1 2008. This group experienced overall average revenue growth of 51.3% over their own Q1 2007 performance and claim and average annual revenue of $19.4 Million.
Three of this quarter’s top-growing companies fall broadly in the software/IT solution sector—making PCI analysts wonder if this is an industry trend or if these companies are outperforming their counterparts. The answer may lie in the fact that all five of the Q1 honorees were distinguished by the PCI in a prior quarter for leading our periodic growth charts . This a group of companies to watch.
Q1 2008 Entrex Private Company Index Top Five Growth Companies:
EssentiaLink – Westminster, CO – A supply chain solution offering mid-sized companies a one-stop resource for an array of indirect goods (www.essentialink.com).
High Performance Technologies Inc. (HPTi) – Reston, VA - advanced technology consulting, architecture, engineering and systems development services to the federal government (www.hpti.com).
NouvEON Technology Partners – Charlotte, NC – Consulting and technology solutions firm specializing in “Resource Optimization” (www.nouveon.com).
Numerical Applications, Inc. (NAI) – Richland, WA. & Cary, NC. – providing software products, development and engineering services to the nuclear power industry and others (www.numerical.com).
Rising Medical Solutions – Chicago, IL – a national medical cost containment and care management organization that services the auto, workers’ compensation and liability markets (www.risingms.com).
Stephen H. Watkins, CEO of PCI sponsor company Entrex Inc., says, “This group of companies topped our list this quarter by exceeding their own previous revenue benchmarks—in varied industry niches and geographic regions—looks like strong companies, with solid plans, are able to perform even in uncertain economic periods.” For more information on the PCI Top Five Growth Company list, and historical lists, visit www.privatecompanyindex.com/Top5.php.