NeoSystems Named to Inc. Magazine List of Fastest-Growing Private Companies

Firm is 2,791 on the Inc. 5000 – the most comprehensive evaluation of America’s growing entrepreneurial sector; Multi-year revenue growth gauged

Vienna, Virginia/August 25, 2010 – NeoSystems Corp. has been named by Inc. Magazine to the Inc. 5000 list of America’s Fastest-Growing Private Companies, appearing as listing 2,791. The Inc. 5000 is widely regarded as the most comprehensive look at America’s entrepreneurial sector, measuring revenue growth between 2006 and 2009 for these companies nationwide.

In 2009, NeoSystems’ revenues grew to $14.45 million, an 81 percent increase from 2006 revenues of $7.99 million. NeoSystems’ strong growth in revenues and employees has continued throughout 2010.

“The primary reason that NeoSystems has been able to continuously grow and thrive has been our relentless commitment to client service and our ability to provide very valuable accounting, financial and administrative services. As a result, our clients are better able to retain and grow their own business,” said Michael Tinsley, founder and CEO of NeoSystems Corp.

“We know continuous innovation and improvement is essential to providing outstanding service to our clients and ensuring our own continued growth and success,” said Tinsley. “In fact, I congratulate all of our clients who appeared on the Inc. 5000, including the following government contractors from the Washington, D.C. region who are in the Inc. 500,” said Tinsley.

NeoSystems Corp. (www.neosystemscorp.com) specializes in providing accounting, contract management, and financial services to government contractors and not-for-profit organizations. Through a flexible approach, highly-experienced staff, and best-in-class software applications, the firm provides its clients with a world-class back office function allowing them to support growth and concentration of their core business.

NeoSystems’ Clients on Inc. 500 List

Name Ranking Location
IZ Technologies 33 Ashburn, VA
Centuria 79 Dulles, VA
Suntiva Executive Consulting 223 Falls Church, VA
Triumph Enterprises 237 Fairfax, VA
Technical and Project Engineering 246 Kingstowne, VA
Knight Point Systems 266 Reston, VA
Millennium 424 Arlington, VA
Arc Aspicio 463 Arlington, VA

 

NeoSystems’ continued growth was also documented in July when the Washington Business Journal named it as the 19th largest accounting firm in the greater Washington, D.C. region.

About the Inc. 5000

The Inc. 5000 is ranked according to percentage revenue growth from 2006 through 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. Additionally, they have to be based in the United States, privately held, for profit, and independent – not subsidiaries or divisions of their companies – as of December 31, 2009. The minimum revenue required for 2006 is $80,000; the minimum for 2009 is $2 million. Revenue figures given in the company profiles are for calendar year 2009.

About NeoSystems Corp.

Based in Vienna, Virginia, NeoSystems Corp. (www.neosystemscorp.com) is an employee-owned Managed Service Provider that specializes in accounting and financial management services. It provides full-scope, on-site managed services to a wide array of publicly-held and privately-owned government contractors and nonprofit organizations, providing them with both best-in-class software applications and experienced personnel.

Because of its focus and expertise, NeoSystems typically saves clients 30 percent on their back office costs. Clients avoid all capital investment in software and hardware infrastructure utilizing the NeoSystems managed service offerings but gain use of the same software applications used by the largest organizations. As a specialty firm, NeoSystems is also on top of new accounting rules and regulations, helping organizations comply with requirements so they can focus on growing their enterprises.

Contact: Paul Steidler
Effective Communications, Inc.
703-391-1067 (office) or 703-217-9452 (cell)
paul@effectivecomm.org

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