Fleet Management Solutions® Named to Inc. 5000 Five Years Running
FMS Achieves 182% Growth Over Three Consecutive Years
SAN LUIS OBISPO, Calif., Aug. 25, 2011 /PRNewswire/ -- Fleet Management Solutions (FMS) today announced it has been named to Inc. Magazine's 2011 Inc. 500|5000, an exclusive ranking of the fastest growing private companies in America, for the fifth consecutive year. FMS ranks No. 33 in the Logistics category with revenue growth exceeding 182% during one of the most economically challenging periods in more than a decade. The list represents the most comprehensive look at the most important segments of the economy – America's independent entrepreneurs.
According to Inc. Magazine, the total growth rate (the percentage increase of the sum of all honorees' revenues) for this year's Inc. 5000 companies topped out at 42.6%, down from 45.6% last year.
"Fleet Management Solutions is extremely pleased to be recognized for the fifth consecutive year to the 2011 Inc. 500|5000," said Cliff Henley, Founder and CEO of FMS. "Our growth is the result of a compelling market need to improve fleet safety and efficiency around the globe, our commitment to consistently deliver high-quality solutions and services for our customers, and the hard work of our dedicated employees."
With unparalleled rankings year over year, FMS has solidified its position in the Logistics and Transportation industry, as the only satellite-based, GPS fleet tracking company ranked in the top 100 Logistics companies every year, beginning in 2007.
The Inc. 500|5000 Logistics and Transportation category includes companies that provide solutions which deliver measurable efficiency benefits and improves safety for businesses and government entities that transport people and goods. FMS uses the Iridium satellite network to ensure vehicle telematics data is securely delivered in real-time, from anywhere in the world 24/7/365.
Inc. Magazine (www.inc.com), founded in 1979, 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.
FMS is a recognized leader in GPS fleet tracking and All-Satellite Mobile Resource Management. FMS solutions reduce risk, improve safety and security, and optimize fleet operations with real-time, all-satellite GPS tracking and fleet monitoring. FMS GPS tracking and its use of the Iridium satellite network for pole to pole vehicle tracking and fast, reliable data transmission, meets the broad needs of an entire corporate fleet.
About Fleet Management Solutions
Fleet Management Solutions, Inc. (www.fmsgps.com) systems deliver measurable improvements in asset utilization, fleet safety and security, and productivity with rapid ROI. FMS serves customers in government, military, energy, construction, mining and logistics industries.
In 2010, FMS combined businesses with Teletrac, Inc (www.teletrac.net). The combination of FMS' market-leading, satellite-based tracking solutions for remote mobile assets and Teletrac's award-winning fleet management and vehicle tracking technologies, has resulted in a broad, complementary product portfolio. This is enabling FMS and Teletrac to facilitate the adoption of these new technologies by organizations that have multiple fleets and/or mixed fleets with varying requirements for security, communications, ruggedness, price sensitivity, and timely access to data.
Together, FMS and Teletrac are serving more than 10,000 fleets of all sizes, equipping more than 200,000 vehicles, in more than 75 countries.
FMS is headquartered in San Luis Obispo, CA. For additional information, visit www.fmsgps.com
SOURCE Fleet Management Solutions
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