Chicago, IL – September, 2012- Chicago web development firm Adage Technologies, a leader in website and application development, is pleased to have been ranked No. 2313 on Inc. Magazine’s annual Inc. 5000, an exclusive ranking of the nation’s fastest growing private companies. This is the second year in a row that Adage Technologies has earned the honor, having come in at No. 3375 in 2011.
Adage’s rise up the list is thanks to its consistent growth trend over the past few years. The company’s 3-year sales growth rate stands at 108% and revenue jumped 43% in just the last 12 months. Eleven new employees were also added over the past year as the Adage team continues its goal to provide unmatched service experience to their growing list of clients.
“Adage Technologies has seen consistent growth since it was founded in 2001 but the past few years have been particularly strong,” Roy Chomko, President of Adage Technologies, said. “We are very excited to have that hard work recognized in the Inc. 5000 for a second straight year and look forward to continuing our expansion for the remainder of 2012.”
Adage Technologies’ strong presence in their hometown of Chicago was highlighted by the Inc. 5000 team as well. The company was honored as the 93rd fastest growing company in the city overall. Nationwide, Adage came in at number 323 among IT service firms.
“To be listed among the fastest growers in the entire city of Chicago is certainly something we are very proud of,” Chomko added. “The technology industry in this city is particularly strong and we plan to be a part of that community for many years to come.”
Financial services firm Unified Payments topped this year’s Inc. 5000 list. 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. To reach the Adage Technologies profile, visit http://www.inc.com/inc5000/profile/adage-technologies
About Adage Technologies
Adage Technologies was formed in 2001 with a specific focus on driving business value through web technology. Today, Adage offers a wide variety of business technology solutions, including custom software, content management, and mobile applications. The company provides web development solutions across a variety of industries, including healthcare/medical, performing arts, manufacturing, associations, and insurance. To learn more, visit www.adagetechnologies.com.
The 2012 Inc. 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 -- not subsidiaries or divisions of other companies -- as of December 31, 2011. Since then, a number of companies on the list have gone public or been acquired. The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
Interested in learning more about our award-winning Chicago web development? Contact us for more details.