APPLIED DIGITAL SOLUTIONS NAMED TO PRESTIGIOUS INC. 5000 FOR FIRST TIME
Louisville, KY – September 23, 2010 – Applied Digital Solutions, Inc., a leading provider of voice recording technology solutions, today announced that the company was named to the prestigious Inc. 5000 list, a compendium of the most entrepreneurial and fastest growing companies in America.
ADS President and CEO Jamie Sugar commented on the award: “Inc. Magazine is the authority on entrepreneurship, and is required reading for any growing enterprise. We are thrilled to have been named by Inc. Magazine as one of the nation’s top entrepreneurial companies. ADS continues to differentiate ourselves as a leader in our space, delivering technology solutions and superior customer care to our valued customers.” Sugar continued, “I thank Inc. Magazine for their ongoing commitment to entrepreneurship. I commend all of the companies on this year’s list for their strong performance and growth, which is most impressive in today’s challenging economic climate. And most of all, I thank all of our ADS teammates and customers who are the keys to our success.”
This year, ADS placed in the top 5000 of the list at #1897, with an extraordinary three year growth rate of 145.9%. As IT Services was one of the top five highest grossing revenue segments on the list at $13.2 billion, ADS is well placed for future growth – a prospective that excites Sugar. “Technology has become an integral part of any business,” he continues, “and companies like ADS that deliver solutions that solve problems and enable companies to succeed will have a dramatic growth story for years to come.”
The 2010 Inc. 5000 serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding; making the list perhaps the best example of the impact private, fast growing companies can have on the economy. Complete results of the Inc 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.
About Applied Digital Solutions:
Headquartered in Louisville, Kentucky, Applied Digital Solutions is a leading supplier in digital recording technology solutions for the Public Safety and Commercial Contact Center markets across the Southeast and Midwest United States.
ADS has experienced steady growth, and is now one of the top independent dealer distribution channels for voice recording solutions in North America. Business First named ADS the 22nd fastest growing company in the region.
We are the preferred solutions provider to over 700 satisfied government and corporate installations. Our employees bring over 200 years experience in providing our customers with solutions for their individual recording needs.
ADS continues to develop new advances in recording technology accompaniments including secure remote monitoring and analytic technology. These developments are aimed at reporting higher levels of intelligence using information our customers already possess.