Icon Time Systems revealed as one of America's 5,000 Fastest-Growing Private Companies |
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NEW YORK, August 20, 2008 – Inc. today ranked Icon Time Systems number 3436 on its annual ranking of the 5,000 fastest-growing private companies in the country. The list is the most comprehensive look at the most important segment of the economy America's entrepreneurs. Taken as a whole, these companies represent the backbone of the U.S. economy. Our second annual Inc. 5000 continues the most ambitious project in business journalism, said Inc. 5000 Project Manager Jim Melloan. "The Inc. 5000 gives an unrivaled portrait of young, under-reported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth." "It is our distinct pleasure to make it on this list, two years in a row," states Icon CEO Andrew King. "We are grateful to Inc. for the acknowledgment of our hard work and the recognition of the success of the RTC-1000." The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, for profit, independent, not subsidiaries or divisions of other companies, as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007.
About Icon Time Systems, Inc. Icon Time Systems specializes in manufacturing and marketing time and attendance solutions for small businesses. Founded in 1989, the company keeps a singular focus on producing employee time clocks that are quick to install, simple to operate, and highly reliable, giving business owners an effective tool to manage payroll costs and optimize performance. Restaurants, medical offices, manufacturing and retail companies throughout the world use Icon Time Systems products. Corporate headquarters are located at 15201 N.W. Greenbrier Parkway, Beaverton, Ore., 97006. Please visit us at www.icontime.com , call 1-800-847-2232, or email sales@icontime.com.
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