San Jose, California, Aug 29, 2010: Simplion an Inc. 500/5000 honoree, 2nd year in a row
Simplion remains as an Inc. 500/5000 honoree this year. The award is presented annually by the online business publication, Inc. Magazine. It is given to a list of 5000 companies that demonstrate an exceptional percentage growth rate in the three years prior to the award year. Besides the general list, it also presents rankings per industry.
In this year’s Inc. 500/5000, Simplion ranked at #1364 in the overall list, and is at #115 in the Business Products & Services category. It reached this position through its 214% revenue growth. This is a clear indication that Simplion Technologies is one of the leading providers in the IT arena of outsourced software development and independent testing.
According to Inc. Magazine, one of the purposes of the award is to show a quick cross-section of business currents and trends, a brief map of the nation’s economy. By winning two years in a row, Simplion is fast becoming a landmark in this map.