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Headspring Systems Ranks No. 127 on the 2009 Inc. 500 with Three-Year Sales Growth of 1,366.3%
Inc. Magazine Unveils 28th Annual List of America's Fastest-Growing Private Companies—the Inc. 500
Austin, Texas – August, 12, 2009 - Inc. magazine today ranked Headspring Systems NO. 127 on its 28th annual Inc. 500, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America's independent-minded entrepreneurs. Companies such as Microsoft, Zappos, Intuit, GoDaddy, Under Armour, Jamba Juice, American Apparel, Oracle, and hundreds of other powerhouses gained early exposure as members of the Inc. 500.
"If you want to know which companies are going to change the world, look at the Inc. 500," said Inc. editor Jane Berentson. "These are the most dynamic, fast-growth companies in the nation, the ones finding innovative solutions to problems, creating smart systems, and inventing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition."
"Making the Inc 500 list has been a goal of ours since we first started in 2001," commented Dustin Wells, Founder and CEO of Headspring Systems. "It is a wonderful achievement that we are very proud to have under our belts."
In addition to being ranked #127 on this year's list, Headspring Systems was ranked the 4th fastest growing company in the Austin-Round Rock area, and was ranked as the 9th fastest growing firm out of 57 in IT Services.
Methodology
The 2009 Inc. 500 measures revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. 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, 2008. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2005 is $200,000; the minimum for 2008 is $2 million.
About Headspring
Headspring Systems is a custom software development and Agile software consulting firm in Austin, Texas. Headspring specializes in delivering custom software development using a development methodology called Agile to help clients build and manage custom software projects more effectively. Headspring has helped clients maximize the value of each dollar spent through high-velocity output from each team member supported by our rigorous development standards and our commitment to quality. In addition to custom software development, Headspring Systems also helps clients through our technology training and coaching programs. For more information about Headspring Systems, please visit our website at www.HeadspringSystems.com.
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 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.