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http://www.esilo.com
August 25, 2010 12:16 PM Eastern Time 

Inc. Magazine Unveils Its Fourth Annual Exclusive List of America’s Fastest-Growing Private Companies—the Inc. 5000; eSilo Ranks No. 1,453 on the 2010 Inc. 5000 with Three-Year Sales Growth of 198%

JUPITER, Fla.--(BUSINESS WIRE)--Inc. magazine today ranked eSilo No. 1,453 on its fourth annual Inc. 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-minded entrepreneurs. Music website Pandora, convenience store chain 7-Eleven, Brooklyn Brewery, and Radio Flyer, maker of the iconic children’s red wagon, are among the prominent brands featured on this year’s list.

“The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”

“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”

eSilo offers online data backup, storage and data management services to individuals and corporations. SiloSphere, eSilo's flagship enterprise-class product, is scheduled to be released in October 2010.

Despite the fact that most of this year’s measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list actually increased to $321.6 billion, up more than 50 percent from last year. The effects of the recession are seen, however, in the median three-year growth rate, which dropped to 96 percent from last year’s 126 percent. This year’s Inc. 5000 employ a record 1.4 million people, up from one million on last year’s list. With unemployment remaining stubbornly high, policymakers and business leaders will do well to look to the Inc. 5000 companies for fresh ideas on achieving growth and creating jobs.

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 on www.inc.com/5000.

The Inc. 5000 at a Glance

The Inc. 5000 posted an aggregate revenue of $321.6 billion in 2009, up more than 50 percent from the previous year. The top five industries by total revenue are Business Products & Services ($84.7 billion), Health ($48.3 billion), Consumer Products & Services ($26.4 billion), Retail ($22.3 billion), and Government Services ($15.1 billion).

Methodology

The 2010 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. Additionally, they had to be based in the United States, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2009. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2006 is $80,000; the minimum for 2009 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. The top 10 percent of companies on the list constitute the Inc. 500, now in its 29th year.

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 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.

About eSilo, LLC

eSilo, LLC is a privately owned company offering comprehensive online data backup, storage solutions and data management services for individuals and corporations. Since 2002, the founders of eSilo have provided communications solutions to companies throughout the United States. Utilizing its technical expertise, eSilo combines its understanding of both individual and corporate IT requirements to provide a remote data storage application that allows companies of all sizes to back up, manage and protect their business-critical data on a scheduled basis in a consistent, secure, reliable and affordable manner. Additional information about the company is available online at http://www.esilo.com.

Product and company names mentioned herein may be trademarks or trade names of their respective owners.

Contacts

Dan Miller
JPR Communications
818-884-8282
dan@jprcom.com

http://www.esilo.com

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