Cambridge Technology Enterprise ranked among
the Nation's fastest-growing companies by INC Magazine
National
Recognition Two Years in a Row |
CAMBRIDGE, Mass. - October 24, 2001
– Cambridge Technology Enterprises (CTE) Inc., has been adjudged one of
America’s entrepreneurial growth leaders by Inc Magazine, which released
its annual ranking of the Inc 500, the nation’s fastest growing private
companies.
CTE’s Chairman Krish Nangegadda speaking on receiving the news said “I am
very proud of this achievement and especially of the fact that we have been
able to win the award again this year despite the challenging economic climate”.
He wished to dedicate the award to his employees who have worked hard towards
achieving the corporate goals and to company’s clients for their trust and
continuing business.
Started in 1982, the Inc 500 ranks the nation’s leading entrepreneurial
firms according to sales growth over the previous five years. Former Inc
500 companies that have gone on to become household names include Microsoft,
Timberland, Domino’s Pizza and Patagonia. This year’s Inc 500 set records
in terms of both collective sales and growth rates, racking up a collective
total of $12.5 billion in sales and an average 5-year growth rate of almost
2,000 percent.
“The Inc 500 gives America a window on the future
– which companies will be the Microsofts and Timberlands of tomorrow,” said
George Gendron, Inc editor-in-chief. “The economy may have slowed, but entrepreneurial
enterprises have always been, and will continue to be, the nation’s foremost
engine of growth and job creation.”
About Inc Magazine
Founded in 1979, Boston based Inc magazine was acquired last year by G+J
USA, one of the America’s largest magazine publishers and is part of the
company’s newly-formed Business Innovator Group. G+J USA also publishes
Fast Company, Rosie, Child, Family Cirlce, Fitness, Homestyle, Parents,
and YM. The company is 25.1 percent owned by the Jahr Group and 74.9 percent
owned by Bertelsmann AG, the largest privately held and the fifth largest
media company in the world with yearly revenues at $16 billion.
About Cambridge Technology Enterprises Inc.
Cambridge Technology Enterprises (CTE), a CMMI Level 5 next-generation business
lifecycle solutions provider, has a focus on building and integrating business
applications. CTE’s core competency lies in its collaborative delivery
model, a solution delivery approach that aligns business, technical, and
user stakeholders; includes partner technologies and services as necessary;
and delivers end-to-end solutions on a fixed price and fixed time frame
basis.
CTE’s business model is based on a global delivery model foundation,
which stays close to the customer and yet optimizes the value of the solution
offered.
For more information, please visit www.ctepl.com,
or e-mail us at info@ctepl.com. |
