ComRent International Named to the 2011 Inc. 5000
(Market Wire Via Acquire Media NewsEdge) OWINGS, MD -- (MARKET WIRE) -- 09/01/11 --
ComRent International (ComRent), the leading provider of load bank rental solutions and services in North America for testing mission-critical power systems, today announced that for the fifth consecutive year, Inc. magazine has named the Company to its annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. Ranked this year at No. 2683, ComRent joins Spirit Airlines, television maker Vizio, Honest Tea and Dunkin Donuts, among other prominent brands featured on this year's list.
"Construction professionals and facilities engineers are looking for a trusted partner to help them accurately, cost-effectively and safely test and verify the mission-critical electrical and mechanical systems that power high-performance buildings," said Clayton Taylor, CEO of ComRent. "These key players simply cannot afford for the power, cooling or backup power generation of their facilities to fail -- too much is at stake. Our 84 percent year-over-year revenue growth is a direct result of our commitment to meet the evolving technical requirements of our customers and to keep their commissioning and testing projects on schedule and on-budget."
In a stagnant economic environment, median growth rate of 2011 Inc. 5000 companies remains an impressive 94 percent. The companies on this year's list report have created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year. 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.
"Now, more than ever, we depend on Inc. 5000 companies to spur innovation, provide jobs and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. magazine Editor Jane Berentson.
MethodologyThe 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue.
About Inc.MagazineFounded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) 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 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
About the Inc. 500|5000 ConferenceEach year, Inc. and Inc.com 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. community, both a new class of Inc. 500|5000 honorees and the list's alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 22-24, 2011, at the Gaylord National Resort and Convention Center in National Harbor, Maryland, located minutes from downtown Washington, D.C. For more information about the 2011 Inc. 500|5000 Conference & Awards Ceremony and to register, visit www.inc500conference.com or call 866-901-3205.
About ComRent International
Since 1997, ComRent International has been providing construction professionals and facility engineers with reliable, simulated electrical and thermal load banks, transformers, cables and switchgear to commission and test mission-critical electrical and mechanical systems in high-performance structures such as data centers, healthcare facilities, nuclear power plants, municipal wastewater treatment plants and commercial cruise ships. ComRent's load bank rentals and consulting services help construction managers and facility engineers validate designs, installations, total system performance and even LEED compliance. With 18 strategically located distribution centers and North America's largest inventory of load banks, transformers, switchgear and cables, ComRent makes it possible to quickly and cost-effectively identify potential power and performance issues in these environments -- where uptime is paramount to continued operation. For more information, please visit www.ComRent.com.
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