Fulcrum IT Makes the Inc. 5000
August 23, 2011 04:51 AM
Fulcrum IT Services Ranks No. 2770 on the 2011 Inc.500/5000 with Three –Year Sales Growth of 80%
New York, NY, August 23, 2011 — Dubbed “The Engines of the Economy”, this year’s Inc.500/5000 were all about growth.
“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.
Today Fulcrum IT Services (Fulcrum IT) was honored as one of the exclusive companies on the move ranking number 2770 of the top 5000 and 347 in its industry.
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.
As Inc. magazine’s Leigh Buchanan takes a look back at 30 years of honoring America’s entrepreneurs, in the September 2011 issue, she had this to say about 2011’s class of honorees. “The CEOs on the 1981 list sound a lot like those on the 2011 list—and on all the lists published in between. They were master narrators of their own stories, displaying the particular entrepreneurial blend of hyper confidence and pragmatism.”
Buchanan goes on to state, “The entrepreneurs on the Inc. 500—and beyond them, those on the Inc. 5000, and beyond them, the millions of Americans starting and managing young companies—are providing the jobs, the momentum, and, perhaps most important, the optimism to shoulder our wheel-spinning economy out of the mire.”
Fulcrum IT joins online retailer ideeli, Spirit Airlines, television maker Vizio and LinkedIn, among other prominent brands featured on this year’s list.
“We are excited to again be recognized on the Inc. 5000 list”, said Jeff Handy, CEO of Fulcrum IT. “Fulcrum has enjoyed another year of outstanding revenue growth while expanding our client base and technology offerings. The innovation and quality of the solutions our staff provide continues to position Fulcrum as a leader in delivering technology that meets our client’s toughest challenges.”
Manassas, Virginia-based Fulcrum IT is a market leader in providing the federal government with total IT solution sets, focusing on five IT competencies (Enterprise Services, Software and Systems Development, Data Management, Cyber Security and Network and Communications Engineering) as well as Intelligence Analysis. Fulcrum IT’s success over the last several years is evidenced by its growth in these areas.
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at 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 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.
About Fulcrum IT
Fulcrum IT Services, LLC, is an information technology (IT) company based in Centreville, Virginia, that provides IT solutions and services for federal, state, local, and commercial customers. Fulcrum IT specializes in the areas of Enterprise Services, Applications Development, Data Management, Cyber Security, Network and Communications Engineering, and Intelligence Analysis.
For more information about Fulcrum IT, visit our website at www.FulcrumIT.com, e-mail us at info@FulcrumIT.com, or call us at 703-543-2900.