SOURCE: Microseismic, Inc.
HOUSTON, TX--(Marketwired - Aug 27, 2013) - Inc. magazine today ranked MicroSeismic, Inc. (MicroSeismic) no. 1178 on its seventh annual Inc. 5000, an exclusive ranking of the nation's fastest-growing privately held companies. The list represents the most comprehensive look at the most important segment of the economy -- America's middle market companies. MicroSeismic joins YouSendIt, CDW and Lifelock, among other prominent brands featured on this year's list.
Within the Inc. 5000 list, MicroSeismic ranked 45th among the Top 100 Energy companies and 22nd within the Houston, TX metro area.
MicroSeismic Founder and CEO Peter M. Duncan Ph.D. said, "What an honor to make this prestigious list. It's hard to grasp that ten years have already flown by and that we've accomplished so much in such a short period of time. The future for the company is focused on continually pushing the envelope on hydraulic fracture monitoring and microseismic-based completions evaluation solutions."
In a stagnant economic environment, median growth rate of 2013 Inc. 5000 companies is an impressive 142 percent. The companies on this year's list report having created over 520,000 jobs in the past three years, and aggregate revenue among the honorees reached $241 billion.
"Not all the companies in the Inc. 5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do. They are the hidden champions of job growth and innovation, the real muscle of the American economy," says Inc. Editor Eric Schurenberg.
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 at www.inc.com/5000.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.
MicroSeismic, Inc. is an oilfield services company providing microseismic-based completions evaluation services in twelve countries and in every major shale play in North America. Founded in 2003, MicroSeismic is the leading provider of microseismic monitoring activity utilizing surface, near-surface, and downhole arrays. The company continually pushes the boundaries of new technology and delivers services that allow oil and gas companies to gauge the quality of their completions, improve production, and reduce costs.
For more information visit: www.microseismic.com
*MicroSeismic, Inc. trademarks are registered marks in the USA, Canada and other countries.