Nexum, Inc. Awarded Position #45 on Everything Channel’s CRN Fast Growth 100 List
Chicago, IL - August 19, 2008 – Nexum, Inc., today announced that it has been named #45 on Everything Channel's 2008 CRN Fast Growth 100 List. The CRN Fast Growth 100 list recognizes the fastest growing Solutions Providers in the industry today. This year's Fast Growth 100 companies all share a passion for growing their businesses at warp speed.
"The CRN Fast Growth 100 are the cream of the crop when it comes to Solution Providers who know how to wrap technology in world-class services offerings, and this years’ group demonstrates that the technology Channel is strong and growing, regardless of surrounding economic conditions," said Robert C. DeMarzo, senior vice president and editorial director for Everything Channel editorial.
The CRN Fast Growth 100 are channel industry leaders. They average two-year revenue growth (‘05-’07) of 153 percent, and average annual sales of products and services of $106 million.
The five common traits that typify the CRN Fast Growth Solution Provider include: multi-vendor IT solutions; cutting-edge technologies; close customer relationships; strong sales philosophies; and business-oriented IT consulting.
To be eligible for the 2008 Fast Growth 100, companies must be an IT solution provider; be based/headquartered in the U.S.; have had net sales of at least $1,000,000 in calendar year 2005; and be an independent company.
Rank is based on 2 years' growth of net sales from calendar year 2005 to calendar year 2007. Net sales were verified by public filings when possible. All private companies provided a signed affidavit attesting to the accuracy of the reported 2005 and 2007 net sales figures or accountant-reviewed financials or audited financials. Affidavits were signed by an owner or officer of the company or by a CPA representing the company. Affidavits and financials are on file in Redmond, Washington.
The Fast Growth 100 companies will be honored at an event on October 15 in Chicago.
For additional information on the Fast Growth 100, visit www.channelweb.com.
Everything Channel (www.everythingchannel.com), formerly CMP Channel, is the one-stop-shop for accessing, enabling and accelerating technology sales channels. From branding and recruiting to marketing and sales, Everything Channel offers technology marketers the unmatched breadth and depth of global brands and market intelligence combined with an unparalleled audience loyalty and credibility serving all technology sales channels. Through innovative sales and marketing solutions, Everything Channel arms the sellers of technology with the resources they need to achieve measurable and significant results. Everything Channel is a subsidiary of United Business Media (http://www.unitedbusinessmedia.com/) , a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.
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