NOVI, MI, August 18, 2009 —SolidSignal.com, an online electronics retailer based in Novi, Michigan, has earned a spot on the 2009 Inc. 5000, Inc. magazine’s annual ranking of the fastest growing private companies in America for the third straight year.
The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. Companies must have; been founded and generating revenue by the first week of 2005, U.S.-based, privately held, for profit, and independent. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The full list can be found at http://www.inc.com/inc5000 .
Solid Signal’s Rankings
Solid Signal’s fiscal sales in 2008 rose to $14.6 million, a 285.2% increase from 2005 total sales of $3.8 million and a 104% increase from 2007 total sales of $7.15 million. The dramatic increase in business this year spurred the company’s overall ranking to #1,092 on the Inc 5000 list, up from #1,589 in 2008. In the Retail Industry, SolidSignal.com now ranks #40, up from #61 in 2008. Additionally, SolidSignal.com is the eighth fastest growing privately-held company in the Detroit-Livonia-Warren area on the Inc. 5000 list, up from #22 in 2008.
“We’re very proud to again be recognized as one of America’s fastest growing companies, and are extremely grateful to our customers and vendors who helped us accomplish this tremendous goal,” said Jerry Chapman, CEO of Solid Signal. “Competition in the online marketplace increases daily, therefore customer service becomes a big differentiator. We work very hard to maintain a superior level of customer satisfaction, in fact, we’ve recently launched a new initiative to take Solid Signal customer service to an even greater level of excellence.”
In addition to their prestigious ranking on the Inc. 5000 list for the third consecutive year, SolidSignal.com has been named one of Internet Retailers’ Top 500 internet retailers in both 2008 and 2009.
With 50 employees, SolidSignal.com specializes in distributing the latest in high-tech equipment and product research to professional media installers and the tech-savvy consumer. Items sold by the e-retailer include over 25 different models of digital TV converter boxes, gaming accessories, HDTV antennas, satellite equipment, cellular gear and accessories, video security, Sirius satellite radios, LCD televisions, GPS navigation systems, cable and wire supplies, installation tools and professional supplies.
SolidSignal.com offers thousands of products from some of the most trusted and recognized brands in the world, including DIRECTV, Eagle Aspen, Terk, Wireless Extenders, Winegard and Channel Master. Solid Signal is the largest online retailer of over-the-air antennas.
In addition to selling name-brand products, SolidSignal.com provides stellar customer service with friendly and tech-savvy employees manning the call center. Support staff offers installation guidance and troubleshooting assistance, in addition to detailed product information.
For more information about Solid Signal, please visit www.solidsignal.com.
About Inc. magazine
Published by New York-based Mansueto Ventures LLC, Inc. is the only major business magazine edited exclusively for CEOs of fast-growing private companies. The magazine provides hands-on resources and market-tested strategies for managing people, finances, sales, marketing and technology.
Inc. magazine reaches over 1.2 million readers and along with Inc.com is ranked #1 for top management and business purchase decision-makers.
In addition to the magazine and website, the Inc. brand also includes Inc. Events and Business Resources group, Inc. Executive Education, Inc. Technology Leadership Essentials 12-module course, Inc. Growth Solutions and Inc. 5005000. The Inc. 5005000 list debuted in 1991 with 100 of the fastest growing private companies in America and then expanded to Inc. 500 the following year and again in 2007 to the Inc. 5000.