OST Makes Inaugural List of Nation's 5,000 Fastest Growing Private Companies
September 6, 2007 - Optimal Solutions & Technologies (OST, Inc.) ranked No. 2172 on the first-ever Inc. 5,000 list, with three-year sales growth of 165.5%. For more than 25 years, the Inc. 500 has been an important guide to the most entrepreneurial companies in the United States. The 5,000 list represents an even broader cross section of entrepreneurial America. Companies that make the 5,000 list represent an elite category of businesses - a small percentage of the more than seven million companies in the Nation. According to Inc. the “5,000 fastest-growing private companies in the U.S. produced $194 billion in 2006 revenue, about 1.5 percent of the national gross domestic product, and employed more than 900,000 people, about 0.6 percent of the jobs in the U.S.” The Inc. 5,000 is ranked according to percentage revenue growth from 2003 through 2006.
"Making the list is an honor and testimony to our hard work and commitment to business excellence, said Vijay Narula, OST President and CEO "We're proud to be included in the Inc 5,000." Ajay Madan, OST COO, added that making the list was also an incentive for the company. "Making the Inc. 5,000 is a reward and an incentive – we want to continue to work hard to grow the company and to strive for continuous improvement in service and quality."
OST (www.ostglobal.com) is a provider of management consulting, integrated information technology, and engineering services mainly to the aviation, defense, financial, health, insurance, transportation, and utility industries. Its client base includes numerous Fortune 1000 companies and public sector organizations including the U.S. Department of Defense, Homeland Security, Housing and Urban Development, Transportation, and Treasury, as well as state and local governments.