DALLAS (August 23, 2007) – Masergy, a global service provider specializing in simplifying business networks for enterprises, announced its debut on Inc. magazine’s 26th annual Inc. 500 list of the fastest-growing private companies in the United States.
The 2007 Inc. 500 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2006, with at least $200,000 in revenue in 2003, and $2 million in 2006.
Entering the list this year at #24 among Telecommunications companies and #437 overall with four-year growth of more than 659 percent, Masergy is a recognized innovator in the telecommunications industry, reaching run-rate revenue of approximately $90 million by delivering the industry’s best enterprise networking experience, including unique solutions, exceptional customer service and support and simplified billing. Recent highlights of the company’s growth and financial success include achieving EBITDA-positive status during FY2006.
“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 Telecommunications sector, which grew by 1,056.5 percent on average, was one of the most notable median growth categories among Inc. magazine’s list of the 500 fastest-growing businesses.
“We are thrilled and honored to join the Inc. 500 with an impressive and celebrated group of successful private companies from across the country,” said Barry D. Nalls, CEO of Masergy. “Masergy has experienced consistent growth during the past four years, and our success can be attributed to our talented team and our shared passion for delivering the best customer experience available in the enterprise networking sector. We’re all proud that our unique business model and global service offerings are generating positive results for our customers and making an impact in our industry.”
Masergy simplifies enterprise networking by delivering embedded, global network services and enabling enterprise control and flexibility to dynamically manage the network via a secure Web portal while ensuring the highest performance. Masergy consistently delivers innovative technology that simplifies networking for enterprises while lowering the total cost of ownership (TCO) and delivering predictable application performance and outstanding network availability.
In July, Masergy announced that Barry D. Nalls, CEO, was selected as the Southwest Area North Ernst & Young Entrepreneur of The Year® 2007 for his leadership and entrepreneurial spirit among private and public companies across the United States.
The 2007 Inc. 500 companies will be celebrated at the 26th Annual Inc. 500 Conference and Awards Ceremony to be held Sept. 6-8 in Chicago. The event will feature keynote speakers and entertainment, including a private dance party with the B-52’s.
The 2007 Inc. 500 “Top 100” Telecommunications honorees are featured online athttp://www.inc.com/inc5000/2007/lists/top100-industry-telecom.html.
Complete information on this year’s Inc. 500, including company profiles and a list of the fastest- growing companies that can be sorted by industry and region can be found at http://www.inc.com/inc5000.
Masergy is a privately held global network service provider specializing in delivering the strongest customer experience in the telecommunications industry. Serving hundreds of customers throughout Europe, Asia, Africa, Australia and the Americas, Masergy leverages advanced transport technologies to deliver global Ethernet services across a native MPLS network. The company pioneered customer-controlled network services and the delivery of multiple services over a single network connection. Masergy’s customers include companies from the financial/banking, healthcare, entertainment broadcasting, hospitality/hotels and manufacturing industries. More information is available online at https://www.masergy.com or by calling +1 866-MASERGY.
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Inc., http://www.inc.com, is 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.