Boulder, Colorado August 19, 2009 – Inc. Magazine has again included ASD Inc. among the 5,000 fastest-growing privately held companies in the country. ASD ranks No. 3958 with a three-year sales growth of 52.5%. The list is the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs. Taken as a whole, these companies represent the backbone of the U.S. economy.
For nearly 20 years, ASD Inc. (ASD) has been a global provider of high performance spectroscopy solutions for the measurement of natural resource materials for researchers and industrial markets. “We are very proud of our achievements and continued growth, and it is an honor to be recognized on a national level by Inc. Magazine for the third consecutive year,” said Dave Rzasa, ASD’s President and CEO. “ASD is unsurpassed in addressing some of the most challenging real-world materials measurement problems, and our success is the result of our world-class team addressing customer needs in the process control and scientific instrument markets.”
The 2009 Inc. 5000, unveiled today on Inc.com, 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.
This year’s list also offers a preview of which industries are poised for growth in coming years. With an average growth rate of 667 percent, Insurance ranked as the top industry overall. Government Services was the top industry gainer with 252 companies on this year’s list, up from 135 last year. Health is the top industry by both total revenue ($22.7 billion) and total employment (156,223 jobs).
Methodology
The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.
About ASD
ASD Inc. is a global provider of high-performance analytical instrumentation solutions addressing the most challenging real-world materials measurement problems for industrial professionals and scientific researchers. Established in 1990 and based in Boulder, Colorado, USA, ASD Inc. has customers world-wide.
For more information, please contact our Marketing Communications Manager, 2555 55th St., Suite 100, Boulder, CO, 80301 USA; 303/444-6522, 303/444-6825 (fax).
Contact: Marketing Communications Manager
Analytical Spectral Devices
303.444.6522