Showcasing an Elite Group of Companies at the Top of Their Game
READING, Pa. – September 14, 2011 – Fidelity Technologies Corporation, headquartered in Reading, Pa., continues to make an impressive climb through the annual ranking of the 5000 fastest-growing, privately-held companies in the United States, known as the “Inc. 5000.”
This ranking is compiled by Inc. Magazine, which inaugurated the Inc. 5000 list in 2007 as a way to acknowledge and celebrate the successes of the country’s top companies. The list is considered the gold standard of private business success, ranking companies based on revenue over a three-year period.
Making the Inc. 5000 list for the third consecutive year, Fidelity ranks No. 1412 for 2011, reflecting a 300 percent increase in revenue since 2007. Fidelity is now in the top 28 percent of the nation’s 5000 leading privately-held businesses, a significant increase from last year’s ranking at No. 2260.
With nearly seven million privately held companies in America, the Inc. 5000 offers the opportunity to honor businesses that are rebuilding the economy and changing the world.
“We are honored to once again be recognized by Inc. Magazine and celebrate our strong growth within just two years,” said Fidelity President David Gulati. “This is a true reflection of our team’s hard work, passion and commitment to delivering unsurpassed quality products and services to our customers worldwide. We continue to build a strong reputation in the defense and aerospace industry as a global supplier of innovative products and services to the U.S. Department of Defense and foreign militaries.”
Fidelity was also recently recognized by the Greater Reading Chamber of Commerce & Industry for earning the No. 2 spot on the list of top 50 growing businesses in the Greater Reading area.