Business Services Industry
Structure Networks Inc. Named No. 34 in Entrepreneur Magazine and PricewaterhouseCoopers' 'Hot 100' for 2005; IT Staffing Firm Ranks as One of America's Fastest-Growing New Businesses
Business Wire, June 10, 2005
TUSTIN, Calif. -- Structure Networks Inc. (www.structurenetworks.com) announced today that they have been named No. 34 in Entrepreneur Magazine and PricewaterhouseCoopers' "Hot 100" for 2005, the annual listing of America's fastest-growing new businesses (less than 5 years old). Published each year since 1995, the listing captures the fastest-growing new companies by percentage of revenue growth.
"We are extremely excited to have been named to the list; our team has worked incredibly hard over the last 4 years and this validates our efforts," said Alex Salottolo, president and founder. "We started the firm in 2001 with the economy in shambles. We held on, added tremendous people to our staff, and partnered with incredible clients -- adding up to huge growth over the last 2 years. We are now poised for additional growth with bigger and better things to come," added Salottolo.
The listing covers all industries and sectors and takes into consideration revenue, profit, and growth percentages since inception. Technology-centric firms made up 20 percent of this year's listing. Other companies of note include Huron Consulting Group, founded by ex-Arthur Anderson executives and Fortinet Inc., founded by Michael and Ken Xie, whose former company, NetScreen, was sold to Juniper Networks for $4 billion in 2004.
About Structure Networks
Structure Networks Inc. is a privately held IT consulting and staff augmentation firm with headquarters in Tustin (Orange County). Founded in 2001, Structure Networks is one of the fastest-growing IT services firms in America. Structure Networks focuses on network-centric technologies, IT audit, applications development, testing, ERP, and general IT consulting and staff augmentation services. Structure Networks is the parent company of Structure Validation (www.structurevalidation.com), a wholly owned subsidiary serving the bio-pharmaceutical and drug-manufacturing industries in FDA-required systems and software validation. Structure Networks Inc. is also a Make-A-Wish Foundation(R) partner and participates in a number of fundraising activities for the charity.
For additional information, please contact Dave Thomas at dave@structurenetworks.com. Please visit the company at www.structurenetworks.com.
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