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BullsEye Telecom Debuts as the Nation’s 82nd Fastest-Growing
Privately Held Company in this Year’s Inc. 500 Ranking
With a Three-Year Sales Growth of 1,007%, BullsEye Telecom is the only
telecommunications company in Michigan to earn this designation.
Inc. magazine released its 24th annual Inc. 500 ranking on October 19, 2005 and
BullsEye Telecom has been designated as the 82nd fastest-growing privately held
company in the country. With a three-year growth rate of 1,007%, this further
proves that BullsEye Telecom is the telecommunication provider of choice
throughout the United States for the small business owner all the way to the
large multi-location company.
“It is very exciting to have earned such a prestigious award and as a first
time entrant, be ranked 82nd,” said William H. Oberlin, CEO. “Our industry has
seen a lot of change within the past two years and we have been able to stay
ahead of regulatory changes and our competition to give our business customers
the most reliable services with innovative package options that you don’t see
with the other larger providers.”
According to Inc. magazine, the companies that made this list represent the
vanguard of American industry, posting an average three-year sales growth of
769%. Inc. 500 companies posted aggregate 2004 revenue of $15.9 billion, and
84% of them were profitable including BullsEye Telecom. Most importantly, Inc.
500 companies were engines of job growth, having created more than 95,000 jobs
since the companies were founded.
The Inc. 500 ranks privately held companies according to year-over-year sales
growth from 2001 to 2004. With approximately 75% of all new job creation in the
U.S. coming from entrepreneurial businesses, the Inc. 500 opens a window onto
the companies and industries that are driving the economy forward. Over the
years, the Inc. 500 has identified the next generation of world-class
companies, with Microsoft, Stonyfield Farms, Timberland, Oracle, The Princeton
Review, Morningstar, Jamba Juice, Gateway, E*Trade, Intuit, and Domino’s Pizza
all appearing on the list before they became industry powerhouses.
To be eligible for this year’s Inc. 500, companies had to be U.S.-based,
independent and privately held through their fiscal year 2004, and have had at
least $500,000 in net sales in the base year of 2001. In addition, their 2004
sales had to exceed 2003 sales. Companies are ranked on cumulative three-year
sales growth from 2001 to 2004. Inc. verifies all information using tax forms
and audited financial statements from certified public accountants and by
conducting interviews with company officials.
Contact:
Kristin Roberts
BullsEye Telecom
kroberts@bullseyetelecom.com
248-784-2548
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