Accordent Technologies Named to Inc. Magazine's 2007 List of the 5,000 Fastest-Growing Businesses

Accordent Technologies Ranks in Top Third Based on Three-Year Sales Growth of 245%

EL SEGUNDO, Calif., August 24, 2007 – Inc. today ranked Accordent Technologies No. 1353 on its first-ever Inc. 5,000 list of the fastest-growing private companies in the country. The Inc. 5,000, an extension of Inc. magazine’s annual Inc. 500 list, catches many businesses that are not large enough to qualify for the Inc. 500, yet demonstrate multiple consecutive years of high growth.

The ranking culminates a multi-year business expansion for Accordent Technologies, a leading provider of enterprise rich media software and solutions that enable organizations to communicate, train and educate audiences using online video synchronized with visuals. Accordent is the largest provider of customer premise equipment software to the Fortune 500, as well as to more than 450 educational institutions and 125 public sector organizations.

Over the last year, the company has accelerated its sales and marketing efforts using a $4 million venture capital round from TVC Ventures. Since then, it has rapidly expanded its sales staff, opened offices in London, Atlanta, Boston, Minneapolis and Washington, and expanded its product line in order to capitalize on exceptional demand for its multimedia communications technology.

In October of last year, it introduced the industry's most advanced management and search platform for rich media presentation solutions - the Accordent Media Management System™ - and in May unveiled Accordent Engage™, an enhanced audio webcasting solution that enables large organizations to extend online presentation and conferencing capabilities enterprise-wide using internal network resources instead of outsourced conferencing services, significantly reducing per-person, per-minute audio conferencing service charges.

"We are pleased to be recognized by Inc. as one of the nation's fastest growing companies," said Mike Newman, CEO of Accordent Technologies. "Accordent was an early leader in enterprise webcasting solutions, and our exceptional growth has been fuelled by our ability to anticipate our clients' increasingly sophisticated multimedia communications requirements. We expect these market dynamics to continue as viewer expectations for media-enriched online information - whether from their employers, their schools or their public officials - continue to rise."

The Accordent Rich Media Communications Suite is the only automated, end-to-end infrastructure for creating, distributing, managing and measuring the effectiveness of multimedia presentation assets. The company's rich media creation products include its flagship Accordent PresenterPRO™, a live and on-demand webcasting solution with interactive features, such as polling, surveys and moderated Q&A; the Accordent Capture Station™, an easy-to-use, room-based appliance that enables anyone to webcast and record high-value presentations that take place every day in the world's meeting rooms, classrooms and boardrooms; and Accordent Engage a behind-the-firewall, enhanced audio webcasting system that enables multimedia webcasting from the desktop. The company’s media management platform is the Accordent Media Management System, the first centralized online communications management infrastructure for ingesting, organizing, searching, publishing and securing multi-level access to Accordent presentations and other multimedia communications - including archived web- and video-conferences.

The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006. Complete information on this year's Inc. 5,000, can be found at www.inc.com/inc5000. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management. In addition, the list is searchable according to numerous criteria, including industry, city, state, region, and year founded.

About Inc.com:
Inc.com, the Daily Resource for Entrepreneurs, delivers advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses more successfully. Information and advice covering virtually every business and management task, including marketing, sales, finding capital, managing people can be found at http://www.inc.com.

About Accordent Technologies, Inc.
Accordent Technologies provides enterprise-wide rich media communications solutions that enable world-class organizations to inform, train and engage their audiences online. More than 1500 customers worldwide, including Unisys, JP Morgan Chase, Ford, Harvard and National Institutes of Health, rely on Accordent solutions to create, manage, distribute and measure the effectiveness of their multimedia presentation assets. Accordent has earned distinction for its award-winning products and long-standing commitment to the success of its customers and partners. Learn more about Accordent's exceptional solutions at www.accordent.com.

Accordent Capture Station, Accordent PresenterPRO, Accordent Engage and Accordent Media Management System are trademarks of Accordent Technologies. Other trademarks that may be mentioned in this release are the intellectual property of their respective owners.

top of page | back to index