Carrier Services Named "Fastest-Growing Company in Oregon".PORTLAND, Ore.--(BUSINESS WIRE)--July 6, 1998--Stating that Carrier Services, Inc.'s (CSI CSI Crime Scene Investigator CSI CompuServe, Inc. CSI Commodity Systems, Inc. CSI Commodity Systems Inc. (Boca Raton, FL) CSI Crime Scene Investigation (CBS TV show) CSI Christian Schools International ) "days of obscurity are numbered," The Business Journal of Portland named the firm at the top of its annual list of the "100 Fastest-Growing Private Companies" in Oregon at an awards ceremony in downtown Portland Downtown Portland is located on the west bank of the Willamette River in Portland, Oregon. It is in the northeastern corner of the southwest section of the city and is where most of its high-rise buildings are found. on June 25th. CSI posted an aggregate growth rate of 3783% from 1995 through 1997 -- nearly 1000% more than the second place company named in the poll. CSI, which does business under the brand 1-800-PRE-PAID, has established itself as the leader in value-added prepaid calling services in the travel market through strategic partnerships with companies such as United Airlines, American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the , and the American Automobile Association American Automobile Association (AAA), federation of American automobile clubs, est. 1902. AAA provides a number of benefits to its members, including emergency road service; national and international travel assistance, e.g. , among others. "We're both honored and delighted with this award," said CSI 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. and President Douglas Fieldhouse. "We've worked hard at keeping our focus and providing the highest level of service possible to our customers and our partners. That effort has clearly paid off." The company has used its innovative business model of combining phone time and rewards incentives such as frequent flier frequent flier n. One who travels often by air, especially on one airline. fre  quent-fli miles to drive
revenues from $200,000 in 1995 to over $8.5 million in 1997. Unlike
other prepaid vendors who concentrate on retail sales, CSI operates as a
partner with blue chip firms that have established brand equity and
strong membership loyalty programs. Its aggressive sales and marketing
efforts have enabled it to define and dominate the market for
value-added prepaid calling cards in just a few years."Carrier Services' staggering revenue growth reflects an emerging economy where companies not only move faster than ever, they grow faster," said Mike Consol, publisher of The Business Journal. The award comes at a time when CSI is in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of another major growth phase. The company recently launched a program for AAA's Auto Club South in Florida, Georgia, and Tennessee that could generate $3 million to $5 million in the first year and has several other deals in development.
CONTACT: Carrier Services, Inc.
Tom Byrnes, 503/417-1380
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