CHARLOTTE, N.C. -- Peak 10, the leading independent data center operator and managed services company, today was named to Inc. magazine's annual Inc. 500 ranking of the fastest-growing private companies in the country. Peak 10 makes the list for the second consecutive year at number 240 with
Since 2000, Peak 10 has been providing a local solution for outsourcing data center services that lowers costs, maximizes internal resources but keeps an organization's valuable information technology assets close to their business. The company combines its network of world-class data centers and portfolio of managed services with localized engineering and support to serve market-leading companies nationwide. Following its recent acquisition of Nashville-based RenTech, Peak 10 owns and operates eight data centers in six strategic markets. One of its past acquisitions, Louisville-based Xodiax, made the Inc. 500 in 2004.
"We are again honored to be recognized by Inc. Magazine as one of the 500 fastest growing private companies in the nation," said David H. Jones, president and chief executive officer for Peak 10. "The growth required to make a prestigious list like the Inc. 500 for the second year in a row is a clear indicator of Peak 10's market leadership and that our long-standing strategy of placing a high priority on localized customer support and service is on target. The key to our success lies in the drive, entrepreneurial spirit and dedication of our employees. It is their commitment to our business approach and vision that continuously delivers value to our customers and will fuel our growth moving forward."
The 2006 Inc. 500, as revealed in the September issue of Inc., reported the most robust bunch of companies the magazine has ever compiled, with aggregate revenue of $19.7 billion, up from $16.5 billion last year and $12.9 billion in 2000. Most important, the 2006 Inc. 500 companies were engines of job growth, having created more than 90,000 jobs since those companies were founded.
"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."
The Inc. 500 ranks privately held companies according to revenue growth from 2002 to 2005. With approximately 75 percent of all new job creation in the U.S. coming from entrepreneurial businesses, the Inc. 500 opens a window onto the companies and industries that are driving the economy forward. Over the years, the Inc. 500 has identified the next generation of world-class companies, with Microsoft, Stonyfield Farms, Timberland, Oracle, The Princeton Review, Morningstar, Jamba Juice, Gateway, E*Trade, Intuit, and Domino's Pizza all appearing on the list before they became industry powerhouses.
To be eligible for this year's Inc. 500, companies had to be U.S.-based, independent and privately held through their fiscal year 2005, and have had at least $600,000 in net sales in the base year of 2002. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.
About Inc.
Inc., http://www.inc.com, the only major business magazine dedicated exclusively to owners and managers of growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Inc., a Mansueto Ventures LLC publication, inspires and informs, with cutting-edge coverage that reflects our readers' energy, brashness, and imagination.
About Peak 10, Inc.
Peak 10 is the leading independent data center operator and managed services provider in the eastern United States, delivering scalable, economical and reliable solutions for hosting and managing complex information technology infrastructure. The company combines its eight data centers and portfolio of managed services with localized engineering and support to serve market-leading companies including Rivals.com, Global Knowledge, Pergo, Churchill Downs, LendingTree and the Jacksonville Jaguars. Peak 10 owns and operates world class facilities in Nashville, Tenn.; Louisville, Ky.; Tampa and Jacksonville, Fla; and Raleigh and Charlotte, N.C. The company was recently ranked as one of the fastest growing private companies in America by Inc. magazine. For more information on data center solutions from Peak 10, visit www.peak10.com.