News

Share

Inc. Magazine selects Shoptech as top 5000 company in USA

September 4, 2007

NEW YORK, September 4, 2007 – Inc. today selected Shoptech Software as one of the fastest growing 5,000 companies in the United States. The Inc. 5,000, an extension of Inc. magazine’s annual Inc. 500 list, represents the backbone of the U.S. economy.

“The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy – the entrepreneurial part,” said Inc. 5,000 Project Manager Jim Melloan. “The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like Manufacturing and Construction that are underreported in the business media.

Loyalty and Dedication

“We are very honored to receive such a prestigious award”, said Phillip M. Hutchinson, President and CEO of Shoptech Software. “The growth that we’ve experienced over the past 4 years is a direct result of our loyal customer base along with the hard work and dedication of our employees. The recipe for our success is pretty simple; Deliver a quality product coupled with superior customer service. It’s no different than what our customers are doing on a daily basis.”

 

Methodology

The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and independent – not subsidiaries or divisions of other companies – as of December 31, 2006. Shoptech had to submit audited financials, which were independently verified. “The most impressive aspect of Shoptech’s growth is that it was organic”, said Shoptech CFO Robert Lewis. “A lot of companies grow through acquisition, but our growth was through adding new customers, maintaining current customers and providing new services”.

About Shoptech Software

Established in 1984, Shoptech Software is a leading provider of shop management software for small to mid-market custom and make to order manufacturers. Shoptech is headquartered at 180 Glastonbury Blvd, Glastonbury, CT 06033 and the main phone is (860) 633-0740. Additional information regarding Shoptech’s products and services is available on-line at www.shoptech.com. Paul Ventura can be reached @ 1-800-525-2143 or pventura@shoptech.com.

 

About Inc.com

Inc.com, the Daily Resource for Entrepreneurs, delivers advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses more successfully. Information and advice covering virtually every business and management task, including marketing, sales, finding capital, managing people can be found at http://www.inc.com.

Live Chat