Network Hardware Resale Named to Inc. Magazine’s Annual Inc. 500|5000 List of Fastest Growing Companies
Marks the Tenth Time the Company has Earned a Place on the List with 25 Percent Sales Growth Over the Last Three Years
Santa Barbara, Calif. – August 21, 2012 – Network Hardware Resale, the leading provider of pre-owned and new networking solutions, announced today that for the tenth time, Inc. magazine recognized the company in its annual, exclusive ranking of the fastest-growing private companies in America. Network Hardware Resale ranked no. 4,388 in the 2012 Inc. 500|5000 list and reported 25 percent sales growth over the last three years.
“We are honored to be featured once again on the Inc. 500|5000 list,” said Mike Sheldon, President and CEO, Network Hardware Resale. “This accomplishment is a testament to Network Hardware Resale’s longevity and our commitment to growth and profitability even in a challenging economic environment.”
Since 1986, Network Hardware Resale has provided more than 10,000 global customers with reliable networking equipment and services. The company shipped more than 500,000 items in 2011, and saved customers an average of 70-90 percent off traditional OEM list prices on pre-owned current generation and legacy networking equipment. Additionally, Network Hardware Resale saw a 19 percent increase in job creation worldwide between 2008 and 2011.
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 at www.inc.com/5000.
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
Network Hardware Resale is the world's leading provider of pre-owned and new networking solutions. Based in Santa Barbara, Calif., the Company is an independent reseller of pre-owned Cisco, Brocade/Foundry, and Juniper networking equipment and is a Premier member of Dell's PartnerDirect Program. The Company is also the first global stocking reseller of Menara Networks' optical IP/Ethernet transport solutions. Network Hardware Resale offers cost-effective network management, asset management, alternative maintenance, and technical support services. Founded in 1986, Network Hardware Resale provides access to global personalized technical and sales support from its Santa Barbara, Dallas metro, New York City metro, Amsterdam, London, and Singapore locations. Organizations worldwide purchase quality networking equipment from Network Hardware Resale, including Global 1000 companies, mid-sized enterprises, government entities, educational institutions, healthcare organizations, and telecommunications service providers. For more information, visit www.networkhardwareresale.com.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.