Atlanta firm joins the list of Americas fastest growing companies.
Atlanta, GA (PRWEB) October 20, 2004 -- Mansell Group, a leading provider of technology enabled marketing and customer relationship solutions, announces that it has joined the prestigious Inc. 500, representing the fastest growing private companies in America. The Atlanta-based company ranked 201 on this years Inc. 500, a report that examines the percentage increase of a companys sales from 1999 through 2003 and identifies companies and executives who are changing the face of American business. Mansell Group, which grew by more than 700 percent over the five-year period, joins 14 other companies based in Atlanta on this years Inc. 500 list.
Our rapid growth is evidence that more and more companies are counting on Mansell Group to help them leverage email and database technologies to communicate with current and prospective customers," says Allen Nance, president and founder. At a time when many businesses are forced to do more with less, Mansell Group is emerging as the trusted partner for marketing executives seeking to leverage technology."
With clients such as AirTran Airways, Sony Music, Moen faucets, AARP, the American Cancer Society and 200 others, Mansell Group annually helps these companies leverage technology to communicate 600 million marketing and customer communications for everything from products to frequent flyer programs. The company also offers database management and customer intelligence to its clients.
The companies that made this list have thrived despite continued stagnation in the economy, posting an average year-over-year sales growth of 265%. Inc. 500 companies posted aggregate 2003 revenue of $12.6 billion, and 82% of them were profitable. And while the United States shed 410,000 jobs in 2003, Inc. 500 companies provided employment for more than 70,000 people.
The best thing you can say about this years crop of Inc. 500 entrepreneurs is that they didnt buy into the hype," said Inc. editor-in-chief John Koten. When people were practically giving away funding in the late 1990s, these companies didnt overextend, and when everyone hit the panic button a few years later, they stayed calm and seized opportunity."
To be eligible for this year's Inc. 500, companies had to be independent and privately held through their fiscal year 2003, have had at least $200,000 in net sales in the base year of 1999 for Inc. 500 alumni and 2000 for new applicants, and $2 million in net sales for 2003. In addition, their 2003 sales had to exceed 2002 sales. Companies are ranked on averaged year-over-year sales growth. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.
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