RIVER FALLS, Wis., Sept. 1, 2010 (GLOBE NEWSWIRE) -- Inc. magazine ranked Sajan (Pink Sheets:SAJA) NO. 778 on its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America's independent-minded entrepreneurs.
"The leaders of the companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. president Bob LaPointe. "The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs."
Sajan® is the leading provider of global language services and cloud-based translation management software. Through our two operating units, Sajan Global Language Services™ and Sajan Software™, we deliver people, process and technology to help enterprises mature their localization programs and global content lifecycle. At the center of Sajan's offerings is the industry's foremost Translation Management System, GCMS™ (Global Communication Management System), used by over 650 clients.
"I could not be happier for this achievement and recognition, as it reflects the hard work and innovation of the many Sajan employees," comments Shannon Zimmerman, Sajan CEO. "Sajan operates in a large, but highly fragmented business sector, so while I am pleased with this accomplishment, I'm reminded of the work yet to be done. The future of this sector is still being shaped."
Methodology
The 2010 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. Additionally, they had to be based in the United States, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2009. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2006 is $80,000; the minimum for 2009 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. The top 10 percent of companies on the list constitute the Inc. 500, now in its 29th year.
CONTACT: Sajan, Inc. Sara Kjelland +1 715.426.9505 skjelland@sajan.com www.sajan.com