NEW YORK - AT Conference today announced that for the third consecutive year it has been recognized as one of fastest-growing companies in America by Inc. Magazine's Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies.
Inc. 5000 rankings are based on percentage revenue growth over three years, from 2006 - 2009. AT Conference grew 95% percent during this period as a provider of conference call and web conferencing services.
AT Conference ranked number 2,517 overall of the 5,000 companies recognized and number 229 of 500 companies in the business products/services sector. The company ranked number 139 of 353 New York-based companies on the Inc. 5000.
The Inc. 5000 represents the most comprehensive look at the most important segment of the economy-America's independent-minded entrepreneurs. Music website Pandora, convenience store chain 7-Eleven, Brooklyn Brewery, and Radio Flyer, maker of the iconic children's red wagon, are among the prominent brands featured on this year's list.
AT Conference's CEO, David Jannetti, said, "Given the difficult economic conditions experienced in the United States over the majority of the grading period, this year's Inc. 5000 award is especially gratifying. Achieving the kind of growth we had in a difficult environment is a testament to the exceptional efforts put forth by the entire AT Conference team. Our recent increase in capacity and competitive rate structure will allow us to continue to market our conferencing services as a more cost-effective - and greener - alternative to business travel and face-to-face meetings going forward."
"The leaders of the companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. president Bob LaPointe. "The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs."
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About AT Conference
AT Conference is a leading provider of conference call and web conferencing services that help businesses communicate more efficiently. The company is primarily focused on the SMB market and has over 100,000 users worldwide.
Headquartered in Southampton, New York, AT Conference also has operations in Georgia and Massachusetts. Its rapid and consistent growth have earned AT Conference recognition on Deloitte & Touche's Technology Fast 500 and New York Technology Fast 50 lists and on Inc. Magazine's Inc. 500 & Inc. 5000 lists of fastest growing North American companies.
More information is available at www.ATConference.com.
About 2010 Inc. 5000
The 2010 Inc. 5000 serves as a unique illustration of the profound changes taking place in the U.S. economy. The Government Services sector showed the biggest gain in terms of the number of companies on the list, up 33 percent from last year to 335 companies. Government Services was also the second-fastest-growing sector in terms of median revenue growth, posting a 202 percent gain over the 2006-2009 measuring period. More than half of these companies are based in Maryland, Virginia, and Washington, D.C. The fastest-growing sector by median revenue growth was Real Estate, now just a tiny group of 38 young, small companies, which showed 231 percent median growth over the period. (There were 121 Real Estate firms on the inaugural Inc. 5000 in 2007.) Business Products & Services is the top industry by number of companies on the list (640) and total revenue ($80.7 billion), while Health is the biggest by total employment (287,726 jobs).
Despite the fact that most of this year's measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list actually increased to $321.6 billion, up more than 50 percent from last year. The effects of the recession are seen, however, in the median three-year growth rate, which dropped to 96 percent from last year's 126 percent. This year's Inc. 5000 employ a record 1.4 million people, up from one million on last year's list. With unemployment remaining stubbornly high, policymakers and business leaders will do well to look to the Inc. 5000 companies for fresh ideas on achieving growth and creating jobs.
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 on www.inc.com/5000.
About Inc. Magazine
Founded 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 712,647, 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 Conference
Each 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 30-October 2, 2010, at the Gaylord National Resort and Convention Center in National Harbor, Maryland, located minutes from downtown Washington, D.C. For more information about the 2010 Inc. 500|5000 Conference & Awards Ceremony and to register, visit www.inc500conference.com or call 866-901-3205.
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