STATE COLLEGE, Pa., Aug. 21, 2012 /PRNewswire/ -- Schoolwires has achieved a remarkable feat: earning a ranking on the Inc. 500|5000 list of the fastest growing privately held companies in the country for the sixth consecutive year; an achievement reached by only about 600 companies since the list was first published in 1982.
"The average time on the list is a little under 2.5 years," said Patrick Hainault, Vice President of Marketing at Inc. "Being on the list six consecutive years places Schoolwires in the top 2 percent of the 0.1 percent of roughly 7 million employee-based businesses."
"To be honored this year is a particularly notable achievement," added Eric Schurenberg, Editor in Chief of Inc. magazine. "To rank among the 2012 Inc. 5000, a company had to thrive through three of the toughest years this economy has seen in living memory. Their success in such times is eloquent testimony to their team's creativity, resilience, and tenacity."
Companies listed in the 2012 Inc. 5000 are ranked according to percentage revenue growth from 2009 through 2011. Schoolwires' three-year revenue growth of 74 percent set it apart from its competitors, while also outperforming companies in other sectors. Schoolwires is one of the nation's leading providers of strategic website and content management solutions designed to build stronger school communities, more effective schools and greater student success.
"Our technologies support deeper student and parent engagement. Schoolwires continues to grow – while retaining our current customers – because districts recognize the strategic value of our products and services for 21st century communication, collaboration and learning," said Christiane Crawford, President and Chief Executive Officer, Schoolwires. "As an independent company serving the K-12 market, our focus and resources are dedicated solely to helping districts address their most pressing challenges."
Crawford cited the following factors as contributing to the company's ongoing growth and continued ranking in the Inc. 500|5000.
- Schoolwires remains the vendor of choice for over 12% of the nation's Top 200 districts. New contracts signed or expanded in the past three years include Baltimore City Public Schools, Atlanta Public Schools, Dallas Independent School District, Loudoun County Public Schools, San Diego Unified School District, Houston Independent School District and Cleveland Municipal School District.
- Schoolwires continues to deliver new and innovative solutions that address districts' most pressing needs, including Web 2.0 technologies and safe social learning environments for collaborative and blended learning initiatives.
- Throughout its history, the company has consistently achieved an annual client retention rate exceeding 95%.
About Schoolwires
Schoolwires, Inc. provides a suite of technology products and related services to more than 1,300 educational entities, including K-12 school districts and schools in the United States and China. The company's technologies are designed to foster community, student, teacher and parent engagement in the classroom, locally and internationally. Its solutions include an integrated website and content management system, a safe social learning and networking system, and an enterprise technology platform. Schoolwires brings together a district's essential technologies, information, and content to effectively engage the K-12 community in support of district and student success. The company currently serves an estimated 10 million users and has been recognized as one of the top privately held education companies for the sixth consecutive year by Inc magazine. Schoolwires was incorporated on April 5, 2000 and is headquartered in State College with offices in Beijing, China.
© 2012 Schoolwires, Inc. All rights reserved.
SOURCE Schoolwires
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