e-Cycle Named to Inc. 5000 List of Fastest-Growing, Private Companies in the U.S.

HILLIARD, Ohio, Aug. 31 /PRNewswire/ -- Inc. magazine has named e-Cycle number 763 in its 2010 Inc. 5000 list of the fastest-growing, privately-held, for-profit companies in the U.S. e-Cycle, which has created more than 60 green jobs in the Columbus area, was listed 8th overall among the nation's environmental services companies. The ranking is based on business growth achieved from 2006 to 2009, a difficult economic period during which e-Cycle quadrupled its revenue. e-Cycle is the leading provider of wireless buyback and recycling services for businesses and major organizations.

"The leaders of the companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. president Bob LaPointe. "The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs."

"We are honored to be named as one of the top environmental services companies on the Inc 5000 list," said Chris Irion, founder and CEO of e-Cycle. "Our ranking is evidence that more companies are becoming concerned about the growing threats that out-of-use cell phones pose to the environment and to data security. Our ability to help address these issues in a way that is financially beneficial for our customers has been the key to our growth."  

This year's Inc. 5000 employ a record 1.4 million people, up from one million on last year's list. With unemployment remaining stubbornly high, policymakers and business leaders will do well to look to the Inc. 5000 companies for fresh ideas on achieving growth and creating jobs.

Complete results of the Inc. 5000, including company profiles can be found on www.inc.com/5000.

About e-Cycle

e-Cycle helps organizations take a more responsible, secure and cost-effective approach to wireless recycling. The company collects wireless phones from businesses and major organizations, reimbursing them for devices that retain value and recycling all others at no charge through an EPA approved facility. The information on every phone is either deleted or destroyed through the industry's most rigorous data security measures. e-Cycle is the market share leader among the Fortune 1000, serving financial institutions, manufacturers, healthcare organizations, wireless and telecommunications providers, transportation companies, educational institutions, and public-sector agencies, among others. Since its founding in 2005, e-Cycle has managed secure wireless buyback and recycling for more than 5,000 organizations, purchasing millions of dollars of retired wireless phones and recycling more than 4 million devices. e-Cycle is based in Hilliard, Oh. Please visit www.e-cycle.com.

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. Visit us online at Inc.com.

SOURCE e-Cycle