| IT Solutions Named to Inc. 5000 List of Fastest Growing Companies in the U.S. for Fifth Consecutive Year |
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Inc. Magazine Unveils Its Annual Exclusive List of America's Fastest-Growing Private Companies - the Inc.500|5000 Philadelphia, PA - September 7, 2011 - Inc. magazine today announced its fifth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy - America's independent entrepreneurs. Of the companies that made the list, only a small number of honorees have made the competitive distinction 5 years in the row, including IT Solutions. IT Solutions (ITS) is an employee-owned, full service technology consulting firm headquartered in Fort Washington, PA. IT Solutions provides managed network support services and custom application development. Established in 1994, ITS services hundreds of companies in the Mid-Atlantic region. The list includes companies ranging across diverse industries from construction and manufacturing to IT and business services. In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year. "Making the Inc. 5000 for the fifth consecutive year now is truly an honor which we are proud of and we thank our clients and staff for making it possible," said Ted Swanson, CEO of IT Solutions. "Our growth is a direct reflection of our hard-working team here at ITS and is a testament that businesses understand the importance of adapting to the ever-changing technology industry." 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/inc5000/list/2011. "Now, more than ever, we depend on Inc. 500/5000 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.
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