Bellevue, WA, Aug. 23, 2011 (GLOBE NEWSWIRE) -- Inc. magazine announced its 30th annual Inc. 5000 list of the fastest growing private companies across the country. ClassifiedAds.com, a leading online classifieds website, ranked number 920 overall and number 22 in the Media category with a three-year growth of 331%. ClassifiedAds.com was ranked number 24 among all private companies in the Seattle metropolitan area. The complete Inc. 500 list is available in the September issue of the magazine.
"We are thrilled to have been named by Inc. as one of the nation's fastest growing entrepreneurial companies. We are honored to be included on this prestigious list." said ClassifiedAds.com’s CEO Edward Yim. "The growth is a reflection of all the hard work the team has put in over the last few years."
"If you want to find out which companies are going to change the world, look at the Inc. 500," said Inc. Editor Jane Berentson. "These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can’t live without. The Inc. 500 list is Inc. magazine’s tribute to American business ingenuity and ambition. For more than 30 years, Inc.’s list has served as evidence of the significant accomplishments of enterprises. And, more than ever, this year’s list is a testament to the creativity, resilience, and tenacity of America’s top entrepreneurs."
Methodology
The 2011 Inc. 500 list measures revenue growth from 2007 through 2010. To qualify, companies had to be U.S.-based, privately held, for profit and independent, not subsidiaries or divisions of other companies, with at least $2,000,000 in revenues as of December 31, 2010, and have at least $100,000 in net sales in 2007.
About ClassifiedAds.com
ClassifiedAds.com is a free online classified ads website for used cars, jobs, real estate, and more. ClassifiedAds.com has grown into one of the top five online classifieds websites with over 3 million unique monthly visitors. ClassifiedAds.com is ranked as the 566th largest website in May 2011 by Compete.com. The Company was bootstrapped by its founders and has received no outside funding. For more information about ClassifiedAds.com, please visit http://www.classifiedads.com
###
A photo accompanying this release is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=10220