Leesburg FL, Aug. 28, 2013 (GLOBE NEWSWIRE) -- Inc. magazine ranks Restor Telecom, Inc. NO. 3797 on its seventh annual Inc. 500|5000 list, an exclusive ranking of the nation's fastest-growing private companies in the USA. Most notably, 2013 marks the fifth (5th) consecutive year that Restor Telecom earned a place on the Inc. 5000 listing, an achievement that very few companies have the ability to accomplish.
For 32 years, Inc. has welcomed the fastest-growing private companies in America into a very exclusive club. Make no mistake: The Inc. 5000 was harder to get into this year than ever in its history. The median company on the list increased sales more than 140% since the start of 2010, while the average honoree grew a mind-boggling 468 percent. Those are results most companies could only dream of in the economy of the past three years.
As an Inc. 5000 honoree, Restor Telecom now shares a pedigree with Intuit, Zappos, Under Armor, Microsoft, Jamba Juice, Timberland, Clif Bar, Pandora, Patagonia, Oracle and dozens of other notable recent alumni, In addition to Restor Telecom, the 2013 list added such powerhouses as Alex and Ani, LivingSocial, Bojangles, OtterBox and KT Tape. Restor Telecom is in some pretty extraordinary company as it relates to corporate growth and development.
Lisa Somerville, President and CEO of Restor Telecom, attributes the impressive year-over-year growth of Restor, first and foremost, to the Restor Telecom Team. "The Restor Telecom team is comprised of an extremely talented and dedicated group of people that embrace service quality and performance. That is apparent to the customers we support and also lends to new business opportunities."
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 http://www.inc.com/inc5000 .
Methodology
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $200,000; the minimum for 2012 is $2 million.
About Inc.
Inc. magazine, founded in 1979 and based in New York City, is a monthly publication focused on growing companies. The magazine publishes an annual list of the 500/5000 fastest-growing private companies in the U.S., the "Inc. 500/5000.
About Restor Telecom, Inc.
Restor is a leading provider of component-level equipment repair and logistics services, supporting primarily the telecommunications and information technology industries for nearly three decades. To view Restor's logo please click on the following link http://www.globenewswire.com/newsroom/prs/?pkgid=14565
Restor Telecom specializes in the repair of voice, data, video, broadband, central office switching, transport, power/ring, wireless ancillary and wire-line equipment. Restor also offers end-of-life/network longevity solutions, re-work/retrofit and custom product enhancement services. Restor Logistics provides customized global logistics management and warehousing solutions throughout the world. Restor's logistics depots are strategically located in 59 countries.
Restor Telecom is a member of the QuEST Forum, certified ISO 9001:2008 and TL9000 quality standards and is certified as a WBE by WBENC. Please visit www.restortelecom.com for more information.