DMD Recognized on the Everything Channel Fast Growth 100 List
Awards, Press Releases | Mon, September 28, 2009 (Lexington, KY) DMD Data Systems, Inc. is pleased to announce that it has been recognized by Everything Channel on the Fast Growth 100, placing 22nd on the list. The Fast Growth 100 recognizes the fastest growing Solution Providers in the industry today, with growth rates in excess of 55 percent.
Robert C. DeMarzo, senior vice president and editorial director for Everything Channel editorial, said, “The companies that are included on the Fast Growth 100 are channel industry leaders. They offer business-oriented IT consulting and work closely with their customers to integrate multi-vendor IT solutions as well as cutting-edge technologies. In addition, they understand the importance of strong sales philosophies. We congratulate DMD Data Systems on their well-earned success.”
The Fast Growth 100 has an average two-year revenue growth (‘06-’08) of 87 percent, and average annual sales of products and services of $198.2 million. To be eligible for the 2009 Fast Growth 100, companies must be an IT solution provider; be based in the U.S.; have had net sales of at least $1,000,000 in calendar year 2006; and be an independent company.
The Fast Growth 100 rank is based on two years’ growth of net sales from calendar year 2006 to calendar year 2008. Net sales were verified by public filings when possible. All private companies provided a signed affidavit attesting to the accuracy of the reported 2006 and 2008 net sales figures or accountant-reviewed financials or audited financials. Affidavits were signed by an owner or officer of the company or by a CPA representing the company. Affidavits and financials are on file in Manhasset, NY.
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Founded in 1996 in Lexington by IBM experts, DMD Data Systems, Inc. (DMD) deploys and supports hardware, software, and middleware solutions using technology products such as IBM and Oracle®. They focus on developing solutions that meet clients' business needs and budget requirements out of offices in Frankfort, Lexington and Louisville, Kentucky. By helping their clients effectively manage their short-term hardware investments, DMD minimizes total cost of ownership and maximizes return on investment.