SCRANTON, PA - October 20, 2004 - BurstNET Technologies, Inc.™ (http://www.burst.net), a leading provider of managed dedicated web hosting services, today announced it has been selected as a member of the 23rd annual "Inc 500". - a ranking of the fastest-growing private companies in the United States. Inc. Magazine (http://www.inc.com), the premier publication for small and medium-sized businesses, released the list today. The "Inc 500" Special Issue will appear on newsstands October 26 and will be on display until December 21, 2004. BurstNET™ ranks #416 on the list with four year average annual sales growth of 90.7%. BurstNET™ is the only company in Northeastern Pennsylvania to be included in this year's list. In the past, a ranking on the list has been an early indicator of future accomplishments on a global scale. Companies that have made the "Inc 500" in the past include Timberland, The Sharper Image, Microsoft, Intuit, Domino's Pizza, & Oracle.
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 2000, 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. Magazine verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.
“We’re very excited about making the "Inc 500" list. Both our management and the employees have worked long and hard to get to this point.” said S. Matthew Arcus, CEO of BurstNET™. “I'm just so thrilled to be able to prove that a successful technology business can be run here in Northeastern PA. I hope other tech-related companies begin to recognize the cost savings available in this area.”
Beginning November 1, the full "Inc 500" list will be available online at www.inc.com with full year subscription for $19.95 or alone for $9.95. The fee allows users to search 2004 company profiles by industry and offers online-only premium information about this year's "Inc. 500". From October 20–31, only 50 of the "Inc 500" will available for viewing at www.inc.com. Copies of the "Inc 500" issue will be available on newsstands nationwide beginning October 26 and can also be ordered at 1-800-290-5460 or INC@reprintbuyer.com.
BurstNET™ is a Managed Hosting & Internet Service Provider hosting over 200,000 websites, maintained on over 1600 servers, for clients in over 150 countries worldwide. The company was founded in 1991, and entered the Web Hosting market in 1996, making it one of the oldest and most respected providers in the industry, as well as one of the longest remaining privately held companies in the sector. Netcraft (http://www.netcraft.com) named BurstNET™ one of the "Fastest Growing Large Hosting Companies in 2003". The BurstNET™ Network Operations Center, located in Scranton, Pennsylvania is a telco-grade facility with diesel generator backup, temperature and environmental control, high security monitoring, and fully redundant UPS power backup systems. The data center is the largest co-location facility, and the only carrier-neutral hotel in the Northeast PA region. The company also provides regional T1/DS3/OC3 connectivity, and is currently rolling out High Speed Wireless Internet (WI-FI) in the local market. The BurstNET™ network is powered via Cisco™ 12000 and 7200 series routers connected to the Internet via multiple 622MBPS OC12 fiber-optic circuits, delivering 1000MBPS GIG-E connectivity from Level3™ (http://www.level3.net), BTN™ (http://www.btnaccess.com), AboveNet™ (http://www.mfn.com), for a total available capacity of over 3GBPS.
SCRANTON, PA - October 20, 2004 - BurstNET Technologies, Inc.™ (http://www.burst.net), a leading provider of managed dedicated web hosting services, today announced it has been selected as a member... Thursday October 21, 2004 10:23:10
