SOURCE: NuView Systems

NuView Systems

August 13, 2009 13:40 ET

NuView Ranks No. 901 on the Inc. 5000, Reflecting Three-Year Sales Growth of 335.2%

NEW YORK, NY--(Marketwire - August 13, 2009) - Inc. magazine today ranked NuView Systems #901 in its third annual Inc. 5000 List, 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. Consumer electronics maker Vizio, Internet giant GoDaddy, rental car service Zipcar, and beverage maker Honest Tea are among the prominent brands featured on this year's list.

"Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate," said Inc. 5000 Project Manager Jim Melloan. "That's why the list is so eagerly anticipated every year."

NuView's impressive three year growth, at 335%, coincides with the company's investment in product and people, allowing it to scale for large global projects, while building an enviable client roster that includes Booz & Co, Hard Rock Hotel & Casino, Wasserman Media Group, Corbett Accel Healthcare, Covenant Management Systems, Emergent BioSolutions, American Superconductor, Diocese of Providence, HomeAway, Baker Hostetler, Locke Supply, EMD Chemicals, Marine Credit Union, Transportation Research Center, Applied Research Associates, Venable LLP, Vision Solutions and many others, covering all vertical markets.

Shafiq Lokhandwala, CEO, commented, "We are thrilled to be named to such a prestigious list, among such great companies. Our phenomenal growth shows that our investment in product and staff has helped push us to become a global HRIS and Payroll leader, enabling business strategy through HR technology. We look forward to continued growth and moving up in the rankings."

About NuView Systems, Inc.

NuView Systems is a global provider of HR & Payroll software tools that enable business strategy through advanced HR technology, across the enterprise, on a worldwide basis. Designed for organizations with a strategic HR vision, which utilize our flexible technology to achieve that vision, NuView's clients are leading organizations that have improved organizational effectiveness and earned global recognition for the strategic delivery of HR & Payroll services to their respective organizations.

NuView's web native product suite has won numerous awards, including "Top Ten HR Products of the Year" by Human Resource Executive magazine, and a Human Resource Technology Excellence Award for Innovative & Creative Development of HR Technology Solutions - HRMS. Most recently, NuView was named a 2009 CODiE Award Finalist for Best Human Resources Solution by the Software & Information Industry Association and was named to the prestigious Global Software 500 list.

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The Inc. 5000 at a Glance

Now in its third year, the Inc. 5000 is the most comprehensive portrait of fast-growing private companies assembled anywhere. Each profile is researched and reported by one of the dozens of writers assigned to the project and includes interviews with the CEOs of almost all the companies on the list. Many firms are innovators with little coverage elsewhere; many others are using their cutting-edge savvy to grow their market share in traditional products and services, and are similarly underreported by the rest of the business media.

In total, the companies on the Inc. 5000 have created more than 1 million jobs. Health is the top employer with 156,223 jobs, followed by Business Products & Services (122,911), IT Services (89,632), Food & Beverage (86,572), and Construction (65,494).

IT Services had the most companies on this year's list with 658, followed by Business Products & Services (502), Advertising & Marketing (398), Construction (354), and Manufacturing (342).

The Inc. 5000 posted an aggregate revenue of $214 billion in 2008, up nearly 16 percent from the previous year. The top five industries by total revenue include Health ($22.7 billion), Business Products & Services ($19.6 billion), Construction ($18.8 billion), Energy ($14.7 billion), and IT Services ($13.2 billion).

The Hottest Regions for Fast-Growing Companies

Once again, California tops the Inc. 5000 with the most companies of any state with 612. The Golden State is followed by Texas (393), New York (316), Florida (263), and Virginia (261). All 50 states, plus Washington, D.C., and Puerto Rico, are represented on this year's list.

New York boasts 371 Inc. 5000 companies, making it the top metropolitan area, followed by Washington, D.C. (317), Los Angeles (253), Atlanta (209), and Chicago (203).

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. ( 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 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at

About the Inc. 500|5000 Conference

Each year, Inc. and celebrate the remarkable achievements of today's entrepreneurial superstars -- the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. 5000 community, both a new class of Inc. 5000 honorees and the list's alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 23-25, 2009, at the Gaylord National Resort and Convention Center in National Harbor, Maryland. For more information about the 2009 Inc. 500|5000 Conference & Awards Ceremony, and to register, visit

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