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IneoQuest Named Sixth Fastest-Growing Company in Massachusetts
Boston Business Journal's 'Pace Setter Awards' Recognizes IP Video Expert's 604 Percent Growth Rate and Commitment to Providing Opportunities in Massachusetts
| Source: IneoQuest Technologies
MANSFIELD, MA -- (MARKET WIRE) -- April 30, 2007 -- IneoQuest Technologies, Inc., the leader in
Multi-Dimensional Video Quality Management Systems and global provider of
advanced quality and service assurance solutions for IP Video, has been
named the sixth fastest-growing company in the state of Massachusetts by
the Boston Business Journal. The designation was made official during the
First Annual Pace Setter Awards ceremony, held in Boston on April 13th.
IneoQuest demonstrated significant personnel, technological and financial
expansion in 2006 and has experienced a three-year growth-rate exceeding
604 percent. Illustrating continued leadership in the IP video market
sector, the company recently unveiled IQPinPoint™, the industry's only
video quality management platform designed specifically for reducing
network operational expenses (OPEX) for video service providers (visit
http://www.ineoquest.com/content379.html for more information). IneoQuest
also researches, designs and builds both the hardware and software in its
own manufacturing facility in Mansfield, Mass.
"IneoQuest and companies like it are what drive business and job growth in
the Massachusetts economy," said Boston Business Journal Publisher Michael
Olivieri. "As a group, the 60 companies we honor as Pace Setters have grown
revenue by more than 80 percent over the past three years. These are the
companies that represent the future of Massachusetts." The Boston Business
Journal surveyed hundreds of private companies in Massachusetts and ranked
the 60 companies with the highest three-year revenue growth to create the
list for Pace Setters: The Area's Fastest-Growing Private Companies.
"We are honored to be recognized as one of Boston Business Journal's top 10
Massachusetts-based companies," said Marc A. Todd, CEO of IneoQuest. "One
of our goals when starting this company was to provide high-quality jobs
for as many of the region's talented engineers as possible. I'm pleased
that companies like IneoQuest and other Pace Setter Award winners are being
recognized for such accomplishments."
About IneoQuest Technologies
IneoQuest Technologies, Inc., the leader in Multi-Dimensional Video Quality
Management Systems, is a global provider of advanced quality and service
assurance solutions for IP Video, serving customers in the telephony,
cable, broadcast and network equipment industries worldwide. The company
enables its customers with unique combinations of hardware, software and
services to design, build, deploy, and manage IPTV networks. Headquartered
in Mansfield, Massachusetts, IneoQuest has sales operations in the US, Asia
and European regions. More information is available at www.IneoQuest.com