NeoSystems Named to Inc. Magazine 2011 List of Fastest-Growing Companies
Firm is 3,578 on the Inc. 5000 – the most comprehensive evaluation of America’s growing entrepreneurial sector; Six clients on Inc. 500
Tysons Corner, Virginia/August 24, 2011 – NeoSystems Corp. has been named by Inc. Magazine to the Inc. 5000 list of America’s Fastest-Growing Private Companies, appearing as listing 3,578. The Inc. 5000 is widely regarded as the most comprehensive look at America’s entrepreneurial sector, measuring revenue growth between 2007 and 2010 for these companies nationwide.
In 2010, NeoSystems’ revenues grew to $15.8 million, a 46 percent increase from its 2007 revenues of $10.8 million. NeoSystems’ strong growth in revenues and employees has continued throughout 2011.
“NeoSystems has been able to grow because the focus of our business has always been on helping our clients to grow and prosper. In addition to our own listing, we are very pleased and proud to see that six of our government contracting clients are on the Inc. 500 listing,” said Michael Tinsley, founder and CEO of NeoSystems Corp.
“NeoSystems will continually be looking for ways to innovate and provide our clients with optimal, strategic back office services to accelerate their growth, operate more efficiently, and reduce their costs. We have recently entered into agreements with IBM, SAP and Ultimate Software to bring best-in-class business intelligence, commercial accounting and HR management applications into our service offering. We also are using a document management system to augment our accounting processes with document work-flow, enabling processing efficiencies and improved internal controls,” said Mr. Tinsley.
“While there are tremendous challenges in today’s economy, there are enormous opportunities for companies which provide value and solve problems for their customers. We are pleased to serve many such companies and have the same business philosophy and approach,” said Mr. Tinsley.
NeoSystems is a professional services firm that uses sophisticated technology to provide strategic, back office services to government contractors, nonprofit organizations, and commercial entities. By distributing common costs of human capital world-class software applications and advanced computing infrastructure, NeoSystems saves clients the higher cost of doing these activities themselves, while improving efficiencies and effectiveness. Below is information about NeoSystems’ clients on this year’s Inc. 500 list.
NeoSystems’ Clients on Inc. 500 List
|Connected Logistics||10||Huntsville, AL|
|The Rehancement Group||197||Reston, VA|
|B3 Solutions||198||Jacksonville, FL|
|Davis Strategic Innovations||301||Huntsville, AL|
About the Inc. 5000
The 2011 Inc. 5000 is ranked according to percentage revenue growth from 2007 through 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they have to be based in the United States, privately held, for profit, and independent – not subsidiaries or divisions of their companies. The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million.
About NeoSystems Corp.
NeoSystems Corp., based in Tysons Corner, Virginia, specializes in performing strategic back office services for government contractors, nonprofit organizations, and commercial entities. NeoSystems’ flexible approach allows its highly skilled professionals to use best-in-class software and an advanced IT infrastructure to create tailored solutions for clients. This scalable strategy reduces back office costs, while meeting rigorous and continuously changing government standards.
NeoSystems partners with leading software vendors to bring the power of premier applications to businesses and organizations with unique requirements. As a Deltek, IBM, and SAP partner, NeoSystems assists in turning system data into relevant, actionable reports that allow executive teams to make smarter growth decisions.
The end result is a back office in compliance with government standards that yields insightful and essential operational data. Clients save money and realize untapped potential, leading to the pursuit of opportunities that were previously unattainable. Grow Ahead… We’ve Got Your Back Office.