Recognition is a product of a 5-year growth rate of 2,151%
CHICAGO, June 01, 2009 — Verinon Solutions, a leading systems integration consultancy with expertise in areas including enterprise content management, analysis & metrics solutions as well as collaboration systems, today announced that it has been recognized as the 9th fastest on Crain Chicago’s Fast 50. This list is comprised of the fifty fastest growing companies in the Chicago area. Crain Chicago Business, the Chicago area’s most recognized business publication noted Verinon Solutions’s achievement today on its online version at www.chicagobusiness.com/fast50.
“On behalf of our team, I am deeply honored to be recognized for something that is clearly a result of a team effort,” said Tewabe Ayenew, Verinon Solutions President and CEO. He added, “Especially in these trying times, it is the commitment of our employees that make such recognition possible. Needless to say, it is our focus on being the best value provider to our clients that has allowed this organization to maintain this level of performance for so long”.
Verinon Technology solutions has achieved similar recognitions in nationwide lists for multiple years, but this is the first time in Verinon Solutions’s history that it has participated in Crain Chicago’s Fast 50. This recognition was a result of a 2008 performance that brought global revenues to $38.5 million leading to a 5-year growth rate of 2,151%.
Top companies recognized in this year’s list comprised of multiple sectors including business services, construction, consumer services, financial services, food, healthcare, manufacturing, media/marketing, real estate retail, technology and utilities. Though the overall list consisted of a variety of sectors, business services and technology dominated consuming almost half the list with each area accounting for twelve entries.
Crain Chicago’s Fast 50
The 2009 Crain Chicago’s Fast 50 considers companies public or private and takes into consideration global revenues from 2003 through 2008. This annually featured list includes companies that are at least five years old, have accumulated a minimum of $20 million in revenue for 2008, and are located in the immediate six-county Chicago Metro area. Complete information on this year’s selection methodology is available at http://www.chicagobusiness.com/cgi-bin/mag/article.pl?articleId=32042