Drakontas Named to Inc. 500 List of Fastest-Growing Companies
Over the coming months, Drakontas will expand its range of offerings, with plans to launch an additional software collaboration platform oriented toward forensics and criminal justice professionals, as well as kick off a new major project with the US Army to deploy advanced situation awareness tools to meet civil support requirements during emergency circumstances and natural disasters.
(PressZoom) - CAMDEN, NJ– Drakontas LLC was featured in Inc. Magazine’s 2010 Inc. 500 5000 list of the fastest growing, privately held companies over the past three years.
Between 2006 and 2009, Drakontas ( #467) saw its revenues climb from $445,000 to $3.3 million, representing three-year growth of 642%. In addition to placing in the top 500, Drakontas also ranks as the 6th fastest-growing company in the Philadelphia metropolitan region and 58th among its peers in the government services industry.
“This growth has been driven by new customer acquisition,” explained Dr. Brian Regli, Drakontas’ CEO, “by understanding the needs of customers and living with them in challenging operational and economic circumstances we have been able to provide the tools and services they demand.”
Over the coming months, Drakontas will expand its range of offerings, with plans to launch an additional software collaboration platform oriented toward forensics and criminal justice professionals, as well as kick off a new major project with the US Army to deploy advanced situation awareness tools to meet civil support requirements during emergency circumstances and natural disasters.
“Keep an eye on us,” says Dr. Regli, “and you’ll begin to see many of these new collaboration tools transform the lives of those who protect and serve our communities.”
Inc. 500|5000 Methodology
The 2010 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. Additionally, they had to be based in the United States, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2009. ( Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2006 is $80,000; the minimum for 2009 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. The top 10 percent of companies on the list constitute the Inc. 500, now in its 29th year.
About Drakontas LLC
Drakontas, headquartered in Camden, New Jersey, delivers collaboration tools, manages research and development programs, and builds custom software and communications solutions for government and business customers. The company was founded in partnership with Drexel University in 2004 to transition technologies developed at the Applied Communications and Information Networking ( ACIN) Center for the Department of Defense to commercial, civilian and homeland security uses.
To learn more about Drakontas, visit drakontas.com. To see our corporate profile on the 2010 Inc. 500|5000, visit inc.com/inc5000/profile/drakontas.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. ( inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at inc.com.
About the Inc. 500|5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today's entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list's alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 30–October 2, 2010, at the Gaylord National Resort and Convention Center in National Harbor, Maryland, located minutes from downtown Washington, D.C. For more information about the 2010 Inc. 500|5000 Conference & Awards Ceremony and to register, visit inc500conference.com or call 866-901-3205.
This news item was released on 2010-09-07. Please make sure to visit the official company or organization web site to learn more about the original release date. See our disclaimer for more information.
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