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1507.5 % Three Year Growth Puts Norvax in Top 10 Fastest Growing Software Companies on Inc. Magazine's List of the 500 Fastest Growing Private Companies.


CHIGAGO -- Inc. magazine today named Norvax Inc. to the 26th annual Inc. 500 ranking of the fastest-growing private companies in the country. Norvax, Inc. ranks No. 105 with a three-year growth of 1507.5%. The company is among the top ten fastest growing software companies in the nation and is the highest ranking Chicago-based software firm to appear on the list.

"Becoming one of America's fastest growing companies is an important milestone for Norvax and underscores the rapid acceptance of our web-based solutions for the insurance industry," said Clint Jones Clint Jones (born October 5, 1984) is an American ski jumper, currently residing in Park City, Utah. He participated in both the 2002 and 2006 Winter Olympics, earning his best finish of 42nd in the individual large hill at the 2002 event. , Norvax Chairman and Chief Executive Officer.

"Inclusion in the Inc. 500 substantiates Norvax's role in the health insurance industry," said Brandon Cruz Brandon Edwin Cruz (born May 28, 1962 in Bakersfield, California) was an American child actor and is currently a punk rock musician and works in Television production. , Norvax President and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. . "With the launch of our new consumer site, Go Health!, we are the first company to provide sales to brokers and agents while offering multiple channels for consumers to obtain health insurance."

Norvax Inc. is a leading developer of Web-based sales and online insurance marketing tools for the health insurance industry, helping insurance brokers, agents and carriers connect with customers and transact An earlier e-commerce system for the Web from Open Market that included order capture and secure order fulfillment using credit cards, ecash and other payment systems. It included customer service and subscription administration capabilities as well as an integrated database for reporting  business more efficiently. From insurance websites to insurance software and lead management tools, the Norvax product suite lets insurance agents increase sales, cut administrative time and reduce expenses. Founded in 2001, Norvax is privately held and based in Chicago Chicago, city, United States
Chicago (shĭkä`gō, shĭkô`gō), city (1990 pop. 2,783,726), seat of Cook co., NE Ill., on Lake Michigan; inc. 1837.
.

"If you want to find out which companies are going to change the world, look at the Inc. 500," said Inc. Editor Jane Berentson. "These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable intractable /in·trac·ta·ble/ (in-trak´tah-b'l) resistant to cure, relief, or control.

in·trac·ta·ble
adj.
1. Difficult to manage or govern; stubborn.

2.
 ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of  business ingenuity and ambition."

The 2007 Inc. 500, as revealed in the September issue of Inc. magazine (on newsstands August 28 - October 2), reported aggregate revenue of $16 billion and median three-year growth of 939 percent. Most important, the 2007 Inc. 500 companies were engines of job growth, having created more than 64,064 jobs since those companies were founded.

Complete information on this year's Inc. 500, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc.com/inc5000.

Hottest Industries for Fastest-Growing Businesses

The most notable median growth categories among Inc. magazine's list of the 500 fastest-growing businesses is in the Environmental Services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric,  category (which grew by 1,425.4 percent on average), followed by Food & Beverage (which grew by 1336.8 percent on average), Media (which grew by 1,179 percent on average), Health (which grew by 1,105.5 percent on average), and Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications.  (which grew by 1,056.5 percent on average).

The largest business category is IT Services, with 55 Inc. 500 companies in this category. Advertising & Marketing and Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees.  (both with 48 companies), Government Services (38 companies), and Software (37 companies) round out the top five industries ranked on the 2007 Inc. 500.

Industries reporting the highest total revenue from 2003 - 2006 are Health ($3.2 billion), Real Estate ($2.1 billion), Advertising & Marketing ($1.14 billion), Human Resources ($883 million), and Retail ($873.6 million).

About Inc. magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
., Inc. magazine (www.inc.com) 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 681,421, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.

About Norvax, Inc.

For more information on Norvax, please visit http://www.norvax.com. Information on Go Health! can be found at www.gohealthinsurance.com.
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Publication:Business Wire
Article Type:Company overview
Date:Aug 23, 2007
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