SOUTHFIELD, Mich., Aug. 22, 2012 /PRNewswire/ -- For the fifth consecutive year, Inc. magazine has named ImageSoft, Inc., to its sixth annual Inc. 500|5000 list, an exclusive ranking of the nation's fastest-growing private companies. The list represents a comprehensive look at the most important segment of the economy—America's independent entrepreneurs. ImageSoft joins such prominent brands as Yelp, yogurt maker Chobani, Giftcards.com, and famed hatmaker Tilly's, among others on this year's list.
ImageSoft provides document and process management solutions to automate, streamline and improve workplace processes. From offices in Southfield, Mich., Raleigh, N.C., and Portland, Ore., ImageSoft serves customers throughout the U.S., Canada and Mexico. Its chief markets include government, the courts, healthcare, insurance companies, educational institutions, and manufacturers. The company, which employs 49 people, has achieved continuous sales growth each year since it was founded in 1996.
"We're fortunate that we've continued to thrive and grow, even in a sluggish global environment," said Scott Bade, ImageSoft president. "That's chiefly because, as business, industry and government have suffered cutbacks, they've looked for new ways to streamline their processes and reduce costs. ImageSoft responded with innovative technology solutions, such as TrueFiling,Check2Bank and TrueCertify, to help solve their issues and meet their needs. We help them to work smarter and save, and they responded with continued and increasing demand for our products and services."
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year's list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. Editor Eric Schurenberg.
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 at www.inc.com/5000.
Methodology The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent as of December 31, 2011.
About Inc. Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders.
About ImageSoft, Inc. In addition to the Inc. 5000 award, ImageSoft has consistently been named to the list of 101 Best and Brightest Places to Work in Metro Detroit and nationally. In 2011 ImageSoft was also selected by Inc. as a Top Small Company Workplace. Learn more at www.imagesoftinc.com