InfoStretch among top 1000 in the Inc.500|5000 List of America's Fastest Growing Private Companies
Santa Clara, California – August 23, 2011 - InfoStretch Corporation, a leading provider of Mobile and QA services and solutions, announced today that it has been named to the annual Inc. 500|5000 list of America's fastest growing private companies for the second consecutive year. InfoStretch achieved a three year sales growth of 328% to be ranked at No. 931, moving up from No. 1926 in 2010. In addition, the company earned a special distinction by being named among 20 fastest growing companies in San Jose metro area and among top 100 in the IT services industry. Inc. 500|5000 list is an exclusive ranking of the nation's fastest-growing private companies.
“We are very proud to be recognized among the fastest growing companies in USA for two years in a row,” said Rutesh Shah, InfoStretch CEO. “Our extreme focus on innovation, quality and customer satisfaction has fueled our growth in an unpredictable economic environment. Our unique mobile services and solutions have helped us capture a greater market share in last couple of years.”
InfoStretch was founded in 2004 and caught industry’s attention for its innovative QA and mobile solutions and services. Since then, it has been growing over a 100% year after year. InfoStretch has about 200 clients, ranging from startups to Fortune 500 companies. It is also the testing and certification authority for 5 of the 7 top App Stores in USA. Recently, InfoStretch was also named among the hottest companies in Silicon Valley and among 200 fastest growing private companies by Lead411.
During the stagnant economic environment the US has experienced, median growth rate of 2011 Inc. 500|5000 companies still came in at 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.
To view the complete InfoStretch profile, please visit http://www.inc.com/inc5000/profile/infostretch
The 2011 Inc. 500|5000 is ranked according to percentage revenue growth from 2007 through 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be based in the United States, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010.
About InfoStretch Corporation
InfoStretch is a global leader in Mobile Application Development, Testing, Distribution and Certification Services. InfoStretch also specializes in Enterprise Application Testing, QA and Test Automation Services with an emphasis on Enterprise 2.0 and Cloud Infrastructure-based SaaS applications. InfoStretch delivers high-quality, reliable and cost-effective services to clients throughout the US, Europe and Asia-Pacific. The company specializes in delivering business solutions that command deep technology knowledge, process proficiency and domain expertise. For more information, visit http://www.infostretch.com/
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 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.