Named to the Inc 500
for Second Consecutive Year
For Immediate Release
Rose International Named to the Inc 500 for Second Consecutive Year
St. Louis-based IT firm among 10 Missouri firms named to the list.
ST. LOUIS, October 31, 2001 – Rose International, a leader in information technology consulting, today announced that it has been named one of America’s entrepreneurial growth leaders by Inc magazine, which recently released its annual ranking of the Inc 500, a list of the nation’s fastest-growing private companies. The St. Louis-based IT firm (making the list for the second consecutive year) was listed at Number 237, posting a 1,231 percent revenue growth rate from 1996 through 2000.
“Making the Inc 500 is a tremendous honor,” said Mrs. Himanshu Bhatia, Rose International’s Chief Executive Officer. “The fact that we are able to remain among the fastest-growing private companies in the nation regardless of the difficult economy is a testament to the hard work and dedication of our employees and the faith and support of our customers,” she said.
“The Inc 500 gives America a window on the future – which companies will be the Microsofts and Timberlands of tomorrow,” said George Gendron, Inc editor-in-chief. “The economy may have slowed, but entrepreneurial enterprises have always been, and will continue to be, the nation’s foremost engine of growth and job creation.”
About the Inc 500
Started in 1982, the Inc 500 ranks the nation’s leading entrepreneurial firms according to sales growth over the previous five years. Former Inc 500 companies that have gone on to become household names include Microsoft, Timberland, Domino’s Pizza and Patagonia.
To be eligible for this year’s Inc 500, companies had to be independent and privately held through 2000, have at least $200,000 in sales in the base year of 1996, and their 2000 sales had to have exceeded 1999 sales. Holding companies, regulated banks and utilities are not eligible. Inc verifies all information using tax forms and financial statements from certified public accountants and by conducting interviews with company officials. This year’s Inc 500 set records in terms of both collective sales and growth rates, racking up a collective total of $12.5 billion in sales and an average five-year growth rate of almost 2,000 percent.
For more information on the Inc 500, go to www.inc.com/500.
About Rose International
Founded in 1993, St. Louis-based Rose International is a leader in providing information technology solutions to corporations and government agencies nationwide. Rose has consistently been recognized as one of the pre-eminent IT consulting firms in the country, and its CEO, Himanshu Bhatia, is considered a leader in the industry. This year, Mrs. Bhatia was named the SBA Small-Business Person of the Year for the State of Missouri and was also recognized with a Working Woman Entrepreneurial Excellence Award. The company has been named to the Technology Fast 50 and 500 for the past four years; the Inc 500 for two consecutive years; and the Working Woman 500 the past two years, among many other honors.