Centra (NASDAQ:CTRA)
Historical Stock Chart
From Jun 2019 to Jun 2024
![Click Here for more Centra Charts. Click Here for more Centra Charts.](/p.php?pid=staticchart&s=N%5ECTRA&p=8&t=15)
IVCi Awarded Inc. 500 Ranking for Fourth Consecutive Year
Leading Enterprise Collaboration Integrator Named #327 on List of Nation's
Fastest Growing Private Companies
HAUPPAUGE, N.Y., Oct. 20 /PRNewswire/ -- IVCi, LLC (http://www.ivci.com/), a
leading integrator of enterprise collaboration solutions, including video
conferencing, audio/visual, streaming, Web conferencing and managed conference
services, announced today that it has been named one of America's fastest
growing privately held companies for the fourth consecutive year by Inc.
magazine.
In this 23rd installment from Inc. magazine, IVCi ranks #327 for 2004 with a
five-year sales growth from 1999 to 2003 of more than 200%. Since 1982, the
year in which Inc. began publishing the list, only 11 companies from the state
of New York have reached the Inc. 500 list four years in a row, and with this
year's ranking, IVCi becomes the only Long Island, New York-based company to
have ever achieved this feat. IVCi continues to attribute its outstanding
growth to the company's unique ability to provide its customers with a truly
managed enterprise collaboration environment, and its successful efforts in
distancing itself from the pure hardware reseller model.
"Reaching the Inc. 500 list for the fourth consecutive year is truly a stellar
accomplishment and I want to thank Inc. magazine for recognizing us over the
years," said Robert Swing, founder and chief executive officer of IVCi. "This
award is a tribute to the continued loyalty of our customers, the support of
our partners and the relentless dedication of our employees, whose talents and
persistence throughout our near ten-year existence, have allowed us to achieve
our goal of becoming a leader in the audio/visual and conferencing industries."
"The best thing you can say about this year's crop of Inc. 500 entrepreneurs is
that they didn't buy into the hype," said Inc. editor-in-chief John Koten.
"When people were practically giving away funding in the late 1990s, these
companies didn't overextend, and when everyone hit the panic button a few years
later, they stayed calm and seized opportunity."
The companies that made the 2004 list posted an average year-over-year sales
growth of 265 percent. Inc. 500 companies posted aggregate 2003 revenue of
$12.6 billion and 82 percent of them were profitable. Inc. companies provided
employment for more than 70,000 persons.
Over the years, the Inc. 500 has identified the next generation of world-class
companies. Former Inc. 500 companies include Microsoft, Oracle, CompUSA,
Gateway, Timberland, E*Trade, Intuit, and Domino's Pizza, all appearing on the
list before they became industry powerhouses.
This year, California is the state with the most Inc. 500 companies (67).
Florida is second, with 39 firms on the list, followed by Virginia (31), Texas
(28), and New York (25). Like last year, Utah has the highest number of Inc.
500 companies per capita in the U.S. with 6.8 per million residents -- a
distant second is Virginia with 3.9 per million residents.
For the second year in a row, Washington, D.C., is the top metropolitan area on
the Inc. 500 with 29 companies, although it suffered a drop-off from last year,
when it had 41. Boston is second, with 19 companies, followed by New York City
(17), Miami (15), and Atlanta (14).
This year's Inc. 500 is the first to reflect the tremendous start-up costs
prevalent in the late 1990s economic boom. Of the Inc. 500 founders, 36% had
start-up capital of less than $20,000, compared with 48% last year-and 21%
reported needing more than $300,000 to get going, compared with only 14% last
year. Just 7% of Inc. 500 CEOs reported using formal venture capital to start
their company, compared with 2% last year, while 62% depended entirely on
private equity.
Some 85% of Inc. 500 CEOs have an estimated net worth of over $1 million, with
39% pulling down an annual compensation of between $100,000 and $250,000. Also
of note is that only 8% of Inc. 500 company founders are women.
The Inc. 500 special issue will appear on newsstands Oct. 26. From Oct. 20 to
31, only 50 of the Inc. 500 will be available for viewing at
http://www.inc.com/. The complete list will be available online beginning Nov.
1.
To be eligible for this year's Inc. 500, companies had to be independent and
privately held with an operating history of four years. Companies had to have
minimum revenue of $200,000 in fiscal 2000 and at least $2 million in sales in
2003. In addition, 2003 sales had to exceed 2002 revenue. Inc. verifies all
information using tax forms and financial statements from certified public
accountants and by conducting interviews with company officials.
About IVCi
IVCi, LLC (http://www.ivci.com/) is a leading integrator of managed enterprise
collaboration solutions, including video conferencing, audio/visual, streaming,
Web conferencing and managed conference services. From our headquarters in Long
Island, New York, and branch offices in Atlanta, Chicago, Los Angeles, New
Jersey, New York City, North Carolina, Salt Lake City, San Francisco,
Sacramento and Washington D.C., IVCi makes conferencing and audio/visual
solutions easy to use, easy to manage, and easy to afford.
IVCi proudly represents products and services from leading industry
manufacturers including Polycom (NASDAQ:PLCM), TANDBERG (OSLO: TAA.OL), SAVVIS
Communications (NASDAQ:SVVS), RADVISION (NASDAQ:RVSN), Centra Software
(NASDAQ:CTRA), VCON (Nouveau Marche No. 022021), Conferserv, VBrick Systems,
STARBAK Communications, Crestron Electronics, Extron Electronics, Clear One,
and Lutron Lighting.
IVCi's numerous awards include ranking in the Inc. 500 Fastest Growing Private
Company list for 2001, 2002, 2003 and 2004, the Frost & Sullivan award for the
Best New Video Conferencing Service for 2002, and recognition by Polycom,
TANDBERG, and VCON as a top reseller.
For additional information on IVCi's suite of products and services, please
call (800) 224-7083, visit us on the Web at http://www.ivci.com/, or e-mail .
About Inc.
Inc., the only business magazine dedicated exclusively to owners and managers
of fast-growing private companies, delivers real solutions for today's
innovative company builders. It provides hands-on tools and market-tested
strategies for managing people, finances, sales, marketing and technology. Inc.
is the premier publication that focuses on small-to-medium size businesses,
which are responsible for more than half the nation's gross domestic product
and 75% of its new jobs. And Inc. looks beyond work to address the
entrepreneurial lifestyle. Inc., a Gruner + Jahr USA publication, inspires and
informs, with cutting edge coverage that reflects its readers' energy,
brashness and imagination.
DATASOURCE: IVCi, LLC
CONTACT: Harold German, Director of Marketing of IVCi, LLC,
+1-631-273-5800 ext. 156,
Web site: http://www.ivci.com/
http://www.inc.com/