News
These press releases and announcements are provided as a service to the press and others for historical research purposes only. The information contained in these press releases is accurate only as of the date of the release and the Company undertakes no obligation to update the materials in this section after the release date.
Top Five Growth Companies Announced by Private Company Index
Chicago, IL March 7, 2007 – The Private Company Index (PCI) is pleased to announce its “Top Five Growth Company” list for the most recent quarter. These five companies experienced an overall average growth of 57% in Q4 2006 (October – December)—a performance equal to an annualized growth rate of 228%! The PCI, as a whole, reflected only 8% growth for this same quarter. So, this diverse group of top performers grew an average of 7 times the index.
The companies honored with this distinction are:
The Avondale Group (Rolling Meadows, Illinois) – a contracting firm specializing in “roofs, renovations and relationships.”
Gazelles (Reston, Virginia) – providing executive education and coaching programs for leaders of mid size firms (30-2000 employees).
Job Expo International (New York, New York) – the trade show producer responsible for TechExpoUSA.com and Fashion Career Expo.
Numerical Applications, Inc. (Richland, Washington & Cary, North Carolina) – providing software products, development and engineering services to the nuclear power industry and others.
Reset Electronics Inc. (Ottawa, Ontario, Canada) – an electronic parts distributor.
Created by Entrex Inc. in 2005, the PCI portfolio was made to be purposefully disparate so as not to represent performance of one type of company over another. “I’m pleased to see that our potpourri of private firms represents positive economic times for all innovative private companies that have bold plans to gain market share by offering new, improved and much needed goods and services.” states founder and CEO Stephen H. Watkins.
But how did these five companies manage to stand out? Numerical Applications co-owner Jim Harrell shares, “Due to the increased interest in, and potential growth of, nuclear power in the United States (and the world) we substantially increased both software product sales and consulting services in the fourth quarter of 2006.”
Citing extreme customer loyalty and service, Bradford Rand, President/CEO of Job Expo International explains, "Our strong growth is a direct result of our continued superior customer satisfaction stemming from our aggressive approach on how we market our events and a commitment to always treat our clients with white gloves."
In late March the PCI will publish “Private Company CEOs: Reality, Trends & Expectations.” A report of findings from a survey developed in response to myriad media requests for greater and more detailed information about the experiences and demands of CEOs in the private sector. To request a copy of this report, contact econefry@entrex.net.
The PCI is currently accepting new portfolio members until the end of March; see www.privatecompanyindex.com for an application and more information.
###
Entrex works with private companies and accredited/institutional investors creating a venue where investors can find, research, track and invest in private companies. Private companies that adhere to the methodologies and disciplines of Entrex gain credibility and exposure to the investor community while gaining liquidity options beyond the traditional route of IPOs, mergers and/or acquisitions. Through its innovative approach and process, Entrex is creating a whole new path to capital for privately-owned businesses.
Contact: John Ferguson, Ferguson Advertising (260) 426-4401
