Buffalo Grove, IL – August 24, 2009 – Top SOLIDWORKS reseller, Computer Aided Technology, Inc, has announced today its second consecutive ranking on the Inc. 5000 list of the fastest growing private companies in the United States.
Moving up 400 places since the 2008 listing, CATI represents the top SOLIDWORKS reseller in its region for the 2009 publication.
“We’re honored to once again be recognized on the Inc. 5000 list. We have been fortunate to move up on the list during this challenging economic environment because of our great clients and strong team – it is these two elements that have made this award possible. We continue to look forward to growth and being a part of the Inc. 5000 list for years to come,” said Rich Werneth, CATI President.
“Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate,” said Inc. 5000 project manager Jim Melloan. “That’s why our list is so eagerly anticipated every year.”
The 2009 Inc. 5000, unveiled today on Inc.com, serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding; making the list perhaps the best example of the impact private, fast-growing companies can have on the economy. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.
The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.
Computer Aided Technology, Inc. (CATI), www.cati.com, headquartered in Buffalo Grove, IL, provides the Midwest with nine full-service training facilities, supporting Illinois, Indiana, Iowa, Kentucky, Michigan, Wisconsin, Missouri, and Kansas. CATI creates competitive advantage for manufacturing clients by leveraging an industry-experienced team and leading technology solutions. CATI is the Nation’s original resource for SOLIDWORKS and the Midwest’s leading support and services team. CATI has two wholly-owned subsidiaries; www.inflow-tech.com and www.callsts.com serving customers world-wide.
Liz Humrickhouse, Marketing
888.308.2284 ext. 1203