SOURCE: Syrinx Consulting

August 23, 2007 15:21 ET

Inc. Magazine Reveals Its 26th Annual List of America's 500 Fastest-Growing Private Companies

Syrinx Consulting Ranks No. 438 on the 2007 Inc. 500 With Three-Year Sales Growth of 657%

NEW YORK, NY--(Marketwire - August 23, 2007) - Inc. magazine today ranked Syrinx Consulting 438th on its 26th annual Inc. 500 list of the fastest-growing private companies in the U.S. and 47th of the top 100 IT Services firms named on the Inc. 5000 list. [Editors' note: Inc. magazine inaccurately ranked Syrinx Consulting no.497 in the September 2007 print issue and will state a correction in October 2007.]

"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."

This is Syrinx Consulting's first time on The Inc. 500 list. Its inclusion and ranking prove it is one of the leading IT services firms in the booming New England market. According to the Inc. 500 list, Boston was ranked the fifth largest metropolitan area for business growth. Further, IT services comprised the largest business category with 55 companies named on the Inc. 500 list.

"Making the list is a testament to the strength of our team, and the power of the Microsoft technologies we leverage to build solutions for our clients. Particularly in the Financial Services, Banking, and Insurance verticals, Microsoft .NET and SharePoint 2007 have been tremendous tools to empower collaboration, compliance, and enterprise search, and our expertise in building solutions with these tools is much sought after," commented Andrew Gelina, CEO of Syrinx Consulting.

The 2007 Inc. 500, as revealed in the September issue of Inc. magazine (on newsstands August 28 - October 2), reported aggregate revenue of $16 billion and median three-year growth of 939 percent. Most important, the 2007 Inc. 500 companies were engines of job growth, having created more than 64,064 jobs since those companies were founded.

Methodology

The 2007 Inc. 500 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.

This year, Inc. expanded the Inc. 500 list tenfold, to create the first-ever Inc. 5000, the most comprehensive look at the most important segment of the economy -- America's independent-minded entrepreneurs. Complete information on this year's Inc. 500 and Inc. 5000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc.com/inc5000.

About Syrinx Consulting

Syrinx is a software development and consulting firm that brings a deep understanding of Microsoft technologies including .NET and SharePoint 2007 to organizations that are dependent on technology for competitive advantage. As a Microsoft Gold Certified Partner, the company has developed solutions within the financial services, Internet, call center, real estate, publishing, health care and biosciences industries. Founded in 1998, Syrinx is based in Waltham, Mass. and has been recognized on the Boston Business Journal's List of "Areas Largest IT Consulting Firms." For more information about Syrinx, visit www.syrinx.com or call (888) 5-SYRINX.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures, LLC., Inc. magazine (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 681,421, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.

Contact Information

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