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Network Hardware Resale Selected by Inc. Magazine for First-Ever List of the Top 5,000 Fastest Growing Companies in the Country

Network Hardware Resale Selected by Inc. Magazine for First-Ever List of the Top 5,000 Fastest Growing Companies in the Country

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Published by nhrglobal
Leading Provider of the Pre-Owned Networking Gear is Ranked No. 2,200 on the 2007 Inc. 5,000 with Three-Year Sales Growth of 163 Percent.
Leading Provider of the Pre-Owned Networking Gear is Ranked No. 2,200 on the 2007 Inc. 5,000 with Three-Year Sales Growth of 163 Percent.

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Published by: nhrglobal on May 16, 2008
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05/09/2014

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Sarah BeeneSue HetzelNetwork Hardware Resale
 
HetzelMeade Communications805.690.3701760.434.9927
 
Network Hardware Resale Selected by
Inc.
Magazine for First-Ever Listof the Top 5,000 Fastest Growing Companies in the Country
Leading Provider of the Pre-Owned Networking Gear is Ranked No. 2,200on the 2007 Inc. 5,000 with Three-Year Sales Growth of 163 Percent
Santa Barbara, Calif.
 ─ 
September 12, 2007
 ─ 
 
Network Hardware Resale (NHR), the leadingprovider of pre-owned and new networking equipment, today announced that the companyhas earned a coveted position on the first-ever Inc. 5,000 list of the fastest-growing privatecompanies in the country. The Inc. 5,000, an extension of
Inc
. Magazine’s annual Inc. 500 list,catches many businesses that are too big to grow at the pace required to make the Inc. 500, aswell as a host of smaller firms. Taken as a whole, these companies represent the backbone of theU.S. economy.“The Inc. 5,000 provides the most comprehensive look ever at the most important part of theeconomy–the entrepreneurial part,” said Inc. 5,000 project manager Jim Melloan. “Theexpansion of the list has allowed us to tell the stories of larger companies, older companies, anda wealth of companies in industries like manufacturing and construction that are underreportedin the business media.”NHR expedites the delivery of fully tested, pre-owned network routers, switches, access serversand IP telephony equipment from leading manufacturers, including Cisco, Extreme and Juniper. The company servers more than 10,000 customers worldwide with a full range ofproduction network, disaster recovery, testing and sparing as well as asset recovery solutions.NHR was ranked No. 2,200 on the 2007 Inc. 5,000 list with three-year sales growth of 163percent. The company was also ranked No. 46 in the list of top companies in computers andelectronics. “NHR is proud to be recognized for our entrepreneurial spirit, constant focus on business best practices and proven track record of stellar customer service and consistentrevenue growth,” says Mike Sheldon, president and CEO of NHR. “We are extremely pleased to be included on this influential list of the fastest growing organizations in the country.”
-more-
 
NHR Selected by Inc. Magazine for First-Ever List of Fastest Growing Companies Page 2 of 2
The 2007 Inc. 5,000, as revealed online atwww.inc.com , reported median revenue of $9.4 millionand median three-year growth of 140 percent. Complete information on this years Inc. 5,000,can be found atwww.inc.com/inc5000. The list features a profile for each company, almost all of them written as a result of
Inc.
interviews with management. The list is searchable according tonumerous criteria, including industry, city, state, region and year founded.
Hottest Regions for Fastest-Growing Companies
Leading the list of the fastest-growing companies in the nation is the Midwest region with 1,046of the fastest-growing companies, followed by the West with 884 companies. The Southeastcomes in a close third, with 872 companies, followed by the Northeast with 782 companies, andthe Mid-Atlantic region with 606 companies.
Hottest Industries for Fastest-Growing Businesses
The largest business category is Construction, with 561 of the fastest-growing companies in thiscategory, followed by Manufacturing with 515 companies, IT services in third with 466companies, Business Services with 377 companies and Advertising & Marketing with 349companies round out the top five industries ranked on the 2007 Inc. 5,000.Industries reporting the highest total revenue in 2006 are Construction ($27.1billion),Manufacturing ($18.6 billion), Health ($13.1 billion), Computers & Electronics ($12.7 billion),and Financial Services ($11.8 billion).
Methodology
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companieshad to be U.S.-based and privately held, independent–not subsidiaries or divisions of othercompanies–as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2million in 2006. Companies can apply for next years Inc. 500 and Inc. 5,000 by registering withIncBizNet, the new social network for private companies that will launch this fall on Inc.com.
About Inc.com
Inc.com, the Daily Resource for Entrepreneurs, delivers advice, tools, breaking news, and richmulti-media to help business owners and CEOs start, run, and grow their businesses moresuccessfully. Information and advice covering virtually every business and management task,including marketing, sales, finding capital, managing people can be found at www.inc.com.
About Network Hardware Resale
Network Hardware Resale (NHR) is a leading provider of high-performance, pre-owned Cisco
 
 , Extreme and Juniper networking equipment. The company also is an authorized reseller ofresilient, massively scalable networking gear from Force10 Networks. Founded in 1986, theSanta Barbara, Calif.-based organization provides global sales and technical support from itsCalifornia, New York City metro, Amsterdam and Singapore locations. More than 10,000organizations worldwide purchase quality networking equipment from NHR, including Global1000 companies, small and mid-sized enterprises, government entities, educational institutions,###

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