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Release Date: 9/10/2009
Nexus, a leading provider of advanced technology and network integration, today announced that it has been recognized by Everything Channel on the Fast Growth 100 list. The Fast Growth 100 recognizes the fastest growing Solution Providers in the industry today, with growth rates in excess of 55 percent.
“It’s a great honor to make the Fast Growth 100 list for the second consecutive year,” said Deron Pearson, Nexus President and Co-Founder. “At Nexus, we pride ourselves in how we’ve been able to exceed our customers’ expectations. In turn, our customers have rewarded us with this showing of extraordinary growth. We look forward to continued success and placement on the Fast Growth 100 list.”
Robert C. DeMarzo, senior vice president and editorial director for Everything Channel editorial, said, “The companies that are included on the Fast Growth 100 are channel industry leaders. They offer business-oriented IT consulting and work closely with their customers to integrate multivendor IT solutions as well as cutting-edge technologies. In addition, they understand the importance of strong sales philosophies. We congratulate Nexus on their well-earned success.”
The Fast Growth 100 has an average two-year revenue growth (‘06-’08) of 87 percent, and average annual sales of products and services of $198.2 million. To be eligible for the 2009 Fast Growth 100, companies must be an IT solution provider; be based in the U.S.; have had net sales of at least $1,000,000 in calendar year 2006; and be an independent company.
The Fast Growth 100 rank is based on two years’ growth of net sales from calendar year 2006 to calendar year 2008. Net sales were verified by public filings when possible. All private companies provided a signed affidavit attesting to the accuracy of the reported 2006 and 2008 net sales figures or accountant-reviewed financials or audited financials. Affidavits were signed by an owner or officer of the company or by a CPA representing the company. Affidavits and financials are on file in Manhasset, NY.
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