SOURCE: Logoworks

August 29, 2006 12:16 ET

Logoworks Ranks No. 66 on the 2006 Inc. 500 With Three-Year Sales Growth of 1,053%

LINDON, UT -- (MARKET WIRE) -- August 29, 2006 -- Inc. magazine has announced its 25th annual Inc. 500 ranking of the fastest-growing private companies in the country. Logoworks, the world's largest provider of graphic design services to small businesses, ranks No. 66 on the list, with three-year growth of 1,053 percent. Logoworks is also listed as the fastest-growing privately held company in Utah.

Morgan Lynch and Joey Dempster founded Logoworks in 2001 in an abandoned house where Dempster lived at the request of the owners. Lynch and Dempster focused on serving the small business market, and as a result Logoworks has experienced 100% growth in revenue each year for the past five years. To read more about how Logoworks started and its growth, see the feature about the company on page 92 of the Inc. 500 issue.

"Helping thousands of entrepreneurs and small businesses look great over the past few years and then being recognized in the leading small business publication as one of the fastest growing companies in the nation is a huge honor," said Lynch. "We still have a long way to go in building the business we envision, but with our great customers, designers and employees we will get there."

"If you want to find out which companies are going to change the world, look at the Inc. 500," said Inc. Editor Jane Berentson. "These are the most innovative, dynamic, fast-growth companies in the nation; the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition."

Methodology

The 2006 Inc. 500 list measures revenue growth from 2002 through 2005. To qualify, companies had to be U.S.-based, privately held, independent -- not subsidiaries or divisions of other companies -- as of December 31, 2005, and have at least $600,000 in net sales in the base year.

About Logoworks

Logoworks is the world's largest and fastest-growing provider of logo design services to small businesses. The company's mission is to help small businesses look great by solving a simple problem -- small businesses don't have good options for getting a well-designed logo or other graphic design services at an affordable price. The company pioneered a new, disruptive model of design that leverages a team of designers on each project in order to create more variety and choice for the customer. To date, Logoworks has empowered thousands of businesses with the same quality of design that used to be available only to larger businesses, at prices just a fraction of the cost: $299-$599. Logoworks is located in Lindon, Utah. For more information about Logoworks, please visit www.Logoworks.com.

About Inc.

Inc., http://www.inc.com, the only major business magazine dedicated exclusively to owners and managers of growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Inc., a Mansueto Ventures LLC publication, inspires and informs, with cutting-edge coverage that reflects our readers' energy, brashness, and imagination.

Contact Information

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