Micro Solutions Enterprises Recognized by Inc Magazine for Fourth Consecutive Year9 Nov, 2004
Micro Solutions Enterprises Recognized by Inc Magazine for Fourth Consecutive Year
Micro Solutions Enterprises (MSE) is proud to announce that they have been recognized as one of America's fastest growing private companies for 2004. This represents the fourth consecutive year that MSE qualified for the Inc 500.
The companies that made this list have thrived despite continued stagnation in the economy, posting an average year-over-year sales growth of 265%. The Inc. 500 ranks privately held companies according to averaged year-over-year sales growth over the past four years and MSE grew 410% during this period.
Avi Wazana, CEO of MSE stated, "We would like to thank Inc Magazine for recognizing our success. Because rankings are based upon percent growth, this is an incredible achievement and we are honored to accept this prestigious recognition. Our loyal employees, customers and vendors have fueled our growth over the past four years and because many of our components and manufacturing protocols are proprietary to MSE, we are able to manufacture products like no one else can."
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. This marks the 23rd year that Inc. has charted the progress of America's most innovative and successful entrepreneurs.
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, E* Trade, Intuit, and Domino's Pizza all appearing on the list before they became industry powerhouses
For more information on MSE products, contact MSE at (800) 673-4968 or visit www.mse-usa.com.