Pompano Beach, FL, Aug. 30, 2011 (GLOBE NEWSWIRE) -- Inc. Magazine has notified Global Communication Networks that the firm ranks number 1,347 on Inc.’s fifth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy--America’s independent entrepreneurs. GCN joins Spirit Airlines, television maker Vizio, Honest Tea and Dunkin, among other prominent brands featured on this year’s list.
In addition, GCN was ranked as the 45th fastest growing telecommunications company in the nation, as well as one of the fastest growing companies in Florida.
"We are thrilled with Inc. Magazine’s recognition of our outstanding growth record of 212% over the past three years and look forward to even greater growth as we move through 2011 and into 2012," noted Chris Palermo, GCN’s founder, President and CEO. "In this ever changing world of telecommunications and cloud computing, it is exciting for us to be validated by our customers as their partner and strategist - they vote with their business and this recognition is a simple reflection of the value they see in allowing GCN to serve them."
A complete overview of GCN’s inclusion and position in the Inc. 500|5000 can be found at http://www.inc.com/inc5000/profile/global-communication-networks.
Methodology
The 2011 Inc. 500|5000 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. The minimum revenue required for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500|5000 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Global Communication Networks
Founded in 1997, Global Communication Networks, Inc. (www.gcnsolutions.com) provides businesses, SMB to Fortune 500, with voice, data, colocation and managed data center services solutions from over 150 partner providers worldwide. GCN is a consultative technology agency that has a broad and diverse toolkit of solutions that is utilized to meet the most challenging needs of their clients, domestically or anywhere in the world. They save their clients time and effort by efficiently managing the right service providers to leverage the best solutions at the most effective price.
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.
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