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"Inc." Magazine Names Petrolsoft Corporation as One of This Year's Fastest Growing Companies; Supply Chain Management Software Company Recognized for Growth in Petroleum Market.


SAN DIEGO--(BUSINESS WIRE)--Oct. 19, 1998--Petrolsoft Corp., the world's leading provider of integrated supply chain management (SCM (1) (Software Configuration Management, Source Code Management) See configuration management.

(2) See supply chain management.
) systems for the retail petroleum industry, has been named one of the fastest growing companies in the country by "Inc." magazine.

The complete list of "Inc.'s 500," the annual ranking of America's fastest-growing private companies, will be available on newsstands, tomorrow.

Petrolsoft ranked 221st on the "Inc. 500" list, representing the company's high percentage of growth in 1997, and 1998 projections are expected to be even larger. "Petrolsoft's growth and success is fueled by the continuous demand for an industry-specific supply chain management software solution," stated Petrolsoft President David Gamboa. "We could not be happier about being recognized by this prestigious ranking, which is a direct reflection of how well-received our solution is in the petroleum industry."

The "Inc. 500" list, which is profiled in a special mid-October issue of the magazine, is an exclusive report on the companies and CEOs who are changing the face of American business. This year marks the 17th year that Inc. has chartered the progress of America's most innovative and successful entrepreneurs. To be eligible for the "Inc. 500," companies have to be independent and privately held through 1997, and must demonstrate a sales increase from 1996 to 1997.

Headquartered in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Petrolsoft Corp. is the leading provider of integrated supply chain management systems for the retail petroleum industry. Founded in 1989 at Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. , Petrolsoft has grown into the most successful and profitable private software and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 for retail motor fuel distribution. Focusing exclusively on the supply and distribution of bulk refined fuel products including motor gasoline, distillates, kerosene kerosene or kerosine, colorless, thin mineral oil whose density is between 0.75 and 0.85 grams per cubic centimeter. A mixture of hydrocarbons, it is commonly obtained in the fractional distillation of petroleum as the portion boiling off  and jet fuel, there are four basic types of customers for Petrolsoft technology: integrated oil companies, oil refiners, oil marketers and oil carriers.

Current customers include Tosco Marketing Company, Mobil US Refining & Marketing, Marathon Ashland LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, Amoco Products Co., Sun Refining & Marketing USA (Sunoco), Sunoco Inc. (Canada), Chevron Canada Limited, Ultramar Diamond Shamrock, Getty Petroleum Corp., YPF YPF Yacimientos Petrolíferos Fiscales (Argentina)
YPF Esquimalt, British Columbia, Canada (Airport Code)
YPF Young Peoples Fellowship
 SA (Argentina) and AMPOL/Caltex (Australia). For more information on Petrolsoft and its technology, visit www.petrolsoft.com.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 19, 1998
Words:352
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