Verifications, Inc. Included in Inc. 5,000 List of Fastest-Growing Businesses
Growth approaching 150% lands VI on list of fastest-growing private companies for second consecutive year
MINNEAPOLIS, September 17, 2008 – Verifications, Inc., (VI) a leading provider of global employment screening and hiring process solutions, appears on the recently released Inc. 5,000 list of the fastest-growing private companies in the country for a second consecutive year.
VI ranked seventh among Minnesota business services companies with three-year growth approaching 150%. The company finished in the top 2,500 of the Inc. 5000, a direct result of the company’s continued organic growth.
“Our inclusion in the Inc 5,000 for a second straight year is attributable to the dedication of the VI team, our comprehensive hiring process solutions and a single-minded commitment to our clients,” explains Curt Marks, Verifications’ Chief Executive Officer and President. “With the release of VI Applicant Manager, our unique web-based solution that enables employers to select, hire and onboard from a single platform, we’re poised to continue our rapid growth.”
The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007. More information about the 2008 Inc. 5000 can be found at www.inc.com/inc5000.
The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded.
“Our second annual Inc. 5000 continues the most ambitious project in business journalism,” said Inc. 5000 Project Manager Jim Melloan. “The Inc. 5000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth.”
In addition to inclusion in the 2008 Inc. 5,000 list, Verifications has appeared on the Business Journal’s Growth 50 list recognizing the top 50 fastest-growing private companies headquartered in the Minneapolis-St. Paul metro area five times.
About Verifications, Inc.
Verifications, Inc. is a leading provider of global employment screening and hiring process solutions. Since 1987, over 4,000 companies have chosen Verifications because they consistently provide the highest quality services and the most accurate background screening information, helping their clients to make timely and informed hiring decisions. The company is certified to the ISO 9001:2000 standard and utilizes state-of-the-art technology to provide services including background investigations, employment drug testing, and VI Applicant Manager. Visit them at www.verificationsinc.com.
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