[August 30, 2012]

VXi Corporation Ranked Among Fastest Growing Companies in the Inc. 500/5000

The results are in. Inc. magazine has released its sixth annual Inc. 5000 List (www.inc.com/5000) and leading headset manufacturer VXi Corporation (www.VXiCorp.com) has ranked in the top 50 percent across the board, placing third among the fastest growing private telecommunications companies in the Boston area.

Each year, Inc. magazine releases the Inc. 500/5000 lists, ranking the nation's fastest growing private companies and creating a who's who of arguably the most important segment of the economy-America's independent entrepreneurs.

With three-year growth of 101 percent and $22.2 million of revenue in 2011, VXi joins the ranks of Yelp, Facebook (News - Alert) and Chobani yogurt on this year's list. The leading headset manufacturer, responsible for the popular BlueParrott® Bluetooh® Mobile product line as well as an extensive line of Contact Center and Office products, placed 72^nd in the telecommunications industry, and ranked 83^rd fastest growing company in the Boston - Cambridge - Quincy metro area.

"It is gratifying that our focused efforts to turn VXi into a rapid growth company have been sighted by Inc. magazine; our innovations in noise-canceling microphones and product reliability have helped us forge a leadership role in contact center and office equipment to the BlueParrott Bluetooth Mobile line to headset solutions including Unified Communications (News - Alert) products," said Mike Ferguson, president and CEO of VXi Corporation. "We are honored to have been recognized by Inc. magazine. We are in very fine company."

Inc. reports that despite the sluggish economy, the median growth rate among Inc. 500 and 5000 companies is 97 percent. In the past three years, these companies have created more than 400,000 jobs and generated aggregate revenue of $299 billion.

"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. Editor Eric Schurenberg.

For more information on VXi Corporation, visit www.VXiCorp.com, or to view VXi on the Inc. 5000 list, visit www.inc.com/inc5000/profile/vxi.

About VXi Corporation:

Since 1989, VXi Corporation has been at the forefront of providing best-in-class telecommunication and speech recognition solutions for contact centers, offices and mobile professionals. From the company's first noise-canceling microphone to its newest line of Unified Communications solutions, VXi is known around the world for delivering value, excellence and innovation to the market. VXi meets the highest global standards for product quality and service, and its products are backed by the industry's best warranties. You can visit their website at www.VXiCorp.com, connect with them on Facebook and follow them on Twitter.

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