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Press Releases - Archived

Inc Magazine Lists ProfitLine As One of America's Fastest Growing Companies

Inc Magazine Lists ProfitLine As One of America's Fastest Growing Companies


Friday, October 12, 2001 — ProfitLine, Inc. has been named one of the fastest growing, privately held companies in the United States by Inc. Magazine. ProfitLine ranked #412 with a growth rate of 710 percent over the last five years.

"In a tough economy, with so many companies struggling to survive and much of the news about the difficulties facing businesses, this news confirms that when you provide a measurable ROI to your clients, you'll succeed in difficult times, too," said Rick Valencia, founder and chief executive officer of ProfitLine.

Founded in San Diego in 1992, ProfitLine today employs 90 people with well over 200 years of combined telecommunications cost management experience.

"Over the past ten years we have been able to build strong relationships with our clients, many of whom are Fortune 1000 industry leaders. By delivering practical business process outsourcing solutions that have an immediate cost saving impact, we are able to create a fast ROI that our customers understand. Our listing in the Inc. 500 underscores our success in delivering results that provide meaningful and measurable value to our clients in a difficult economy," Valencia said.

"Yet as exciting as this recognition is, 2001 will be our fastest year of growth ever. Our revenue is expected to more than double, and I consider this a testament to the value of investing in your people. We strive very hard to create an exceptional work environment that allows the entire company to participate in our financial success. Our team's hard work and dedication, which allows us to consistently grow at such a rapid rate, is proof that the investment is paying off," Valencia said.

About ProfitLine
ProfitLine provides a business process outsourcing solution that manages the lifecycle of voice and data services and reduces communications costs for Fortune 2000 companies. ProfitLine's solution includes service ordering and optimization, inventory management, bill management and auditing, A/P processing, telecom contract negotiations, and project management. The company delivers these services through its proprietary Web application. Founded in 1992, ProfitLine is currently ranked on the Inc. 500 list as one of America's fastest-growing private companies. For more information, visit www.profitline.com or contact Kara Kocal at 858.202.1229.

NOTE: ProfitLine is a registered trademark of ProfitLine, Inc. MyTelcoManager is a trademark of ProfitLine. All other trademarks or registered trademarks belong to their respective owners.




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