SOURCE: Syrinx Consulting

April 18, 2008 14:03 ET

Syrinx Consulting Named Among Top Ten in Boston Business Journal's Second Annual Pacesetters Award

Honoree Ranked Ninth Fastest-Growing Company in Region With Three-Year Growth of 411%

WALTHAM, MA--(Marketwire - April 18, 2008) - Syrinx Consulting Corporation, a software development and consulting firm with expertise in Microsoft .NET and SharePoint Server 2007 technologies, today announced that the Boston Business Journal ranked Syrinx 9th among the fastest-growing private companies in Massachusetts in its second annual Pacesetters awards.

The Pacesetters list was determined by survey information gathered and analyzed by the Boston Business Journal from private companies throughout the Greater Boston region. The honor recognizes the company's skill in managing a rapid growth, demonstrating robust revenues and creating business strategies that led to success in a competitive business environment. Sixty companies were selected based on their revenue growth between 2004 and 2007, which had to exceed at least $1 million as of 2004. Syrinx's growth rate of more than 411 percent during the three-year timeframe made it one of the top ten fastest-growing companies in the region.

"Syrinx more than tripled the average growth for IT consulting in 2007 largely because of the many companies in Massachusetts seeking to take advantage of the interactivity of Web 2.0 to establish and cement relationships with their customers," said Syrinx Consulting CEO Andrew Gelina. "Our clients in competitive markets like financial services and retail, in particular, understand the benefits of working with experienced developers on site. Many engage Syrinx to develop document management and collaboration solutions, and then engage us for projects involving business process compliance, operational and reporting dashboards, and custom development. At the end of the day, our growth is driven by our reputation and track record of on-budget and on-time delivery."

"We are very excited to kick off the Pacesetters this year. This award acknowledges those private companies that skillfully navigate a competitive national and international marketplace and are growing quickly to be leaders in their field," commented George Donnelly, editor of the Boston Business Journal.

"Pacesetters was created because it's important to raise the profiles of rapidly growing companies," said Boston Business Journal Publisher Michael Olivieri. "The awards help guide the business community as to what makes a company successful and who they should be seeking out as potential partners."

The 60 companies were honored at the Boston Business Journal's Pacesetters Awards breakfast this morning at the Sheraton Boston hotel. Nearly 600 area professionals and executives attended the event to enjoy a countdown to number one fastest-growing private company in the region -- named as Infoscitex Corp, also based in Waltham, MA.

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" and the "Inc. 500" list for 2007. For more information, visit www.syrinx.com or call (888) 5-SYRINX.

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