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Myriad Supply Named to Inc. Magazine's List of Fastest Growing Companies for 2010

52% revenue growth over 3 years ranks IT solutions provider 36th in Industry


News provided by

Myriad Supply Company LLC

Sep 13, 2010, 06:43 ET

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NEW YORK, Sept. 13 /PRNewswire/ -- Myriad Supply Company LLC (www.myriadsupply.com) has been named to Inc. Magazine's prestigious list of 5,000 fastest growing companies for the second consecutive year as demand for the firm's reconditioned networking and communication equipment pushed 2009 revenues to $10.5 million.  The Manhattan-based company provides pre-owned and recertified brand name IT hardware and implementation services to over 12,000 organizations at discounts of up to 85% off manufacturers' list prices and has become a prominent supplier to Fortune 500 companies, government agencies, ISPs and networking consultants seeking to reduce cost while replacing aging IT infrastructure and expanding VoIP, data center, and software-as-a-service capabilities.

(Logo: http://photos.prnewswire.com/prnh/20100817/INC5000LOGO)

(Logo: http://www.newscom.com/cgi-bin/prnh/20100817/INC5000LOGO)

Founded in 2003, Myriad Supply has experienced year-after-year growth by acquiring networking hardware from large Enterprises going through consolidation or IT reconfiguration and restoring each part to original factory condition.  A bulk of the firm's extensive product line includes respected technologies from Cisco, Polycom, Edgewater, Juniper, Foundry/Brocade and other leading manufacturers.  All reconditioned products are backed by a comprehensive warranty and Myriad pledges 24-hour delivery anywhere in the U.S. and same-day delivery in New York City.

"Myriad Supply's impressive growth has been driven by a combination of our exceptional discount pricing on top-name hardware and the level of service, support and integrity that we provide with every order," notes Andrew Fisher, CEO.  "Our customers are a diverse collection of large and small organizations from many industries, but they all have a similar goal—to keep their systems up and running at the lowest possible cost and meet the increasing demand for network growth and performance."

In addition to its reconditioned product offering, Myriad Supply provides installation services, equipment configuration and managed IT solutions.  The firm also offers short- and long-term equipment rentals and has been awarded GSA Schedule Contract GS-35F-0457W under Schedule 70 for IT Equipment & Services to provide the federal government refurbished Cisco products.

"Since its inception, Myriad Supply was conceived as a one-stop shop for low-cost, high-reliability networking and communication technology.  Recognition by Inc. Magazine for two consecutive years suggests that we are succeeding in our mission to provide the value and service that today's IT organization demands," notes Fisher.  "We expect to continue our growth trend and look forward to being included in the Inc. Magazine 5000 next year."

Copyright 2010 Myriad Supply LLC, 22 West 19th Street, New York, NY, 10011. All rights reserved. Myriad is neither a partner of nor an affiliate of Cisco Systems. All trademarks referenced in this message are the property of their respective owners.

SOURCE Myriad Supply Company LLC

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