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Concentration on building talent helps tech firm soar; company helps small, medium-sized businesses.


In the 16 years that Arnie ARNIE Archive Network Interface
ARNIE Automotive Repair National Information Exchange (used to manage auto repair costs by major insurers in Australia) 
 Friedman Fried·man   , Milton Born 1912.

American economist. He won a 1976 Nobel Prize for his theories of monetary control and governmental nonintervention in the economy.

Noun 1.
 has run CPI (1) (Characters Per Inch) The measurement of the density of characters per inch on tape or paper. A printer's CPI button switches character pitch.

(2) (Counts Per I
 Solutions Inc., his approach to growing the technology company has not changed much.

That approach is based on two tenets--taking care of his employees by providing a productive environment, and taking care of clients with high quality products and services.

"If you stay with those two things, and couple with that some exciting technology, the strategy has been sound all along," said Friedman, who purchased CPI in 1990.

The strategy was also sound enough to land Camarillo-based CPI in the top l0 of the San Fernando Valley San Fernando Valley

Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills.
 Business Journal's list of fastest growing private companies. The company also ranked number one in the $10 million to $24.9 million category.

In 2004, CPI reported revenues of $6.6 million. The following year, the company posted revenues of $12.3 million in revenues or an 86 percent increase.

Deloitte recognized CPI as number 18 in its Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  Technology Fast 50 list released last month. The list ranked companies based on revenues from 2001 to 2005.

This year has seen the addition of new consultants and account managers that grew the staff to 54 workers. In addition, the company purchased an adjoining building to its current 12,000-square foot facility and may have to look for a third worksite.

When Friedman and wife Sherri purchased CPI, the company was located in Westlake Village and built and designed personal computers. The firm later refocused on consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 when its hardware customers began to go elsewhere for their needs.

Today, Arnie Friedman considers CPI the largest regional player in technology and application development, and consulting.

The current growth comes from two areas--the existing client base and expansion into the emerging technology areas of IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous.  and software application development.

CPI Solution

Fastest Growing Company $10 Million to $24.9 Million (86.02%)

No. 3 Fastest Growing Company Overall

BY MARK R. MADLER

Staff Reporter
COPYRIGHT 2006 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:VALLEY AREA'S FASTEST 50 GROWING PRIVATE COMPANIES
Author:Madler, Mark R.
Publication:San Fernando Valley Business Journal
Date:Nov 20, 2006
Words:321
Previous Article:No. 1 company succeeds in rehabilitating malls.(VALLEY AREA'S FASTEST 50 GROWING PRIVATE COMPANIES)
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