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Inc. Magazine Puts Web Hosting Provider C I Host Among 5,000 Fastest Growing Private Companies in US |
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September 10, 2007 – (HOSTSEARCH.COM) – Inc. magazine has put web hosting provider C I Host in its list of the 5,000 fastest growing private companies in the United States, it was announced recently. The company was placed 3488th in the list.
"We are extremely pleased to be included in such company," said Christopher Faulkner, CEO of C I Host. "We have enjoyed consistent growth over the years due to our solid financial foundation, cutting edge technology, the support of our customers and the skill and dedication of our 220 employees."
C I Host has more than 250,000 clients around the world and its inclusion in the top 5,000 list stems from an 85% growth rate. In 2006, the company gained more than 60,000 new clients and reduced churn to 2%. The company’s revenues increased more than 20 percent and profits increased more than 25 percent. According to the company, expansion has been driven by organic growth without venture capital, loans or external investments.
"We are extremely happy to be at this juncture in the growth of our company," Faulkner said. "The combination of a solid financial footing and a supportive customer base bodes well for our future."
C I Host (http://www.cihost.com/) operates four diverse data centers across the United States, with its main facility and Network Operations Center in Bedford, Texas. C I Host also has offices in Los Angeles and Chicago, USA. Inc., (http://www.inc.com), is the only major business magazine dedicated exclusively to owners and managers of private companies. |
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