LCS Technologies Ranks No. 90 on the 2011 Inc. 500 List of America's Fastest-Growing Private Companies
Sacramento, CA, Aug 23, 2011 (GlobeNewswire via COMTEX) --
Inc. magazine today ranked LCS Technologies number 90 on its INC 500 list, an exclusive ranking of the nation's fastest-growing private companies. The list represents a comprehensive look at the most important segment of the economy--America's independent-minded entrepreneurs. LCS is a leading information services provider for Oracle software, service and training needs.
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. LCS has doubled its revenue every year for the last three years, ending 2010 with revenues of $4.7 million. This impressive growth enabled LCS to rank number 5 in the Inc. 500 list of information technology services providers.
"To be recognized on a national level and included in the 2011 Inc. 500 is a testament to our philosophy of developing and connecting the best teams possible to guide customers toward the successful implementation of IT projects that solve real business problems," said Stephane Come, CEO of LCS Technologies.
LCS has a simple philosophy: Help its customers by "Connecting the Dots." This means seeking the best solutions and making the right connections by pinpointing the best resources: People, partners, hardware and software needed to solve business problems. LCS' Connect the Dots approach enables the company to provide best-in-class solutions for its customers IT needs by leading with innovation, providing the highest quality customer care and helping customers maximize infrastructure and operational efficiency.
"We listen to our customers, make the right connections to address their needs, and create the solution to help them achieve successful and measurable business results," said Steve Simonetto, COO of LCS Technologies.
The 2011 Inc. 500, unveiled in the September issue of Inc. (available on newsstands August 23 to November 15 and on Inc.com), is a group of companies that are smaller but much faster-growing than last year's crop. Aggregate revenue is $10.5 billion, with a median three-year growth of 1,275 percent. The companies on this year's list employ more than 46,000 people and generated over 35,000 jobs in the past three years. Complete results of the Inc. 500, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com/500.
About LCS Technologies
LCS Technologies of Sacramento, CA is a leading information services provider offering a single source for all your Oracle software, service and training needs. LCS has a simple philosophy: help our customers make the right connections to achieve successful and measurable business results. LCS leads with innovation to empower our customers to maximize their infrastructure and make their team more efficient and effective. http://lcs-technologies-inc.com/.
About the Inc. 500
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: LCS Technologies, Inc.
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