SNAPAV RANKS #442 IN INC. MAGAZINE’S 2010 INC. 500 LIST OF THE NATION’S FASTEST-GROWING PRIVATE COMPANIES
Recognized for Increasing Revenue, Hiring Employees and Growing Fast in Difficult Economic Times
Charlotte, NC – November 1, 2010 – SnapAV, a manufacturer and exclusive source of more than 900 high-quality solutions for the custom A/V channel in the US and Canada, placed #442 in the 2010 Inc. 500 - Inc. Magazine’s exclusive ranking of the nation’s fastest-growing private companies.
According to Inc. Magazine, the 2010 Inc. 500 is a group of companies that are smaller but much faster-growing than last year’s crop and represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs.
“Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous,” said Inc. editor Jane Berentson. “The Inc. 500 consists of these just-short-of miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees, and grown fast in difficult economic times.”
SnapAV Founder and President Jay Faison says, “We do a lot of things differently than many of the other suppliers in the industry. This growth is validation that these differences are exactly what dealers are looking for.”
SnapAV’s ranking and profile can be viewed at http://www.inc.com/inc5000/profile/snapav
2010 Inc. 500 Qualifying / Ranking Methodology
The 2010 Inc. 500 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 U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2009. The companies of the Inc. 500 represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
Companies such as Microsoft, Zappos, Intuit, GoDaddy, Zipcar, Clif Bar, American Apparel, Oracle, and many other well-known names gained early exposure as members of the Inc. 500.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.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. www.inc.com
Established in 2005 by custom integrator Jay Faison and based in Charlotte, North Carolina, SnapAV is a manufacturer and exclusive source of more than 900 installer-friendly products for the custom A/V channel. SnapAV empowers custom installers to run more efficient businesses. The company provides high quality, lucrative products supported by best-in-class online ordering and customer service. All products are protected by zero-tolerance Internet sales policies and many feature lifetime warranties. www.snapav.com