AdminServer Named to Inc. Magazine's Inc. 500 for Second Consecutive Year; Moving Up to #135, AdminServer Solidifies Its Position as One of America's Fastest Growing Private Companies.CHESTER, Pa. -- AdminServer, Inc. is pleased to announce for the second consecutive year that they have been named to Inc. Magazine's list of America's fastest growing privately held companies privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. . After earning the #203 spot in last year's Inc. 500, AdminServer has moved up in the rankings to #135 with an impressive three-year growth of 751.4%. Chris Doggett, AdminServer's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , commented, "Two years in a row and moving up in the ranks! We are very excited about this repeat win. Everyone at AdminServer is energized and already hard at work to ensure our spot on next year's list. I'd like to extend my personal thanks to the AdminServer team as well as our client partners who continue to allow us the opportunity to prove and improve the value of our products and services." Doggett credits much of the company's continued success and growth to the entire AdminServer team's unwavering commitment to develop and deliver insurance software solutions with high-quality, high-function, and high-flexibility, with a complement of services to meet each client's unique needs. The Inc. 500 ranks privately held companies according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. year-over-year sales growth from 2001 to 2004. With approximately 75% of all new job creation in the U.S. coming from entrepreneurial businesses, the Inc. 500 opens a window onto the companies and industries that are driving the economy forward. Over the years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time Inc. 500 has identified the next generation of world-class companies, with Microsoft, Stonyfield Farms, Timberland, Oracle, The Princeton Review, Morningstar, Jamba Juice, Gateway, E*Trade, Intuit, and Domino's Pizza all appearing on the list before they became industry powerhouses. To be eligible for this year's Inc. 500, companies had to be U.S.-based, independent and privately held through their fiscal year 2004, and have had at least $500,000 in net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight in the base year of 2001. In addition, their 2004 sales had to exceed 2003 sales. Companies are ranked on cumulative three-year sales growth from 2001 to 2004. Inc. verifies all information using tax forms and audited financial statements from certified public accountants Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. and by conducting interviews with company officials. About Inc. Magazine Inc., the only major business magazine dedicated exclusively to owners and managers of growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Inc. is also the only publication that focuses on small to medium-size businesses, responsible for more than half the nation's gross domestic product and 70% of its new jobs. And Inc. looks beyond work to address the entrepreneurial lifestyle. Inc., a Mansueto Ventures LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control publication, inspires and informs, with cutting-edge coverage that reflects their readers' energy, brashness, and imagination. About AdminServer, Inc. AdminServer, Inc. is a premier solutions provider for the insurance community. AdminServer has been delivering administrative system solutions, web services, and consulting since 1998. AdminServer continues to specialize in fixed and variable annuities Variable annuities Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio. , pensions, immediate annuities, life insurance, and reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. . Currently AdminServer offers the only annuity, health, life insurance, and reinsurance administration system designed specifically as a web application employing J2EE (Java 2 Platform, Enterprise Edition) A platform from Sun for building distributed enterprise applications. J2EE services are performed in the middle tier between the user's machine and the enterprise's databases and legacy information systems. and .NET strategies and technologies. Additionally, AdminServer has expanded their product offerings to include UVServer, an automated fund management and accounting system. To learn more about AdminServer products and services, call 610-619-3100, e-mail info@adminserver.com, or visit the website at www.AdminServer.com. |
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