Company Ranks No. 246 on the Magazine's Fastest-Growing Private Companies List with Average Annual Sales Growth of 487.2 Percent
SAN DIEGO, Calif. - October 31, 2005 - The Active Network, Inc., a provider of application services technology and marketing access to community service organizations and the leading online community for active lifestyles, was named to Inc. magazine's 24th annual Inc. 500 ranking of America's fastest-growing private companies. The company ranked No. 246 on the Inc. 500 list, with three-year average annual sales growth of 487.2 percent. This is the second consecutive year the company has earned a place on the Inc. 500 list.
"We're honored to be recognized for our success and view this year's ranking as much more significant. Achieving this type of momentum year after year is challenging and really a testament to the team we've put in place to drive the business forward," said Dave Alberga, chief executive officer, The Active Network, Inc. "Our specialized technology services have helped us build a large base of satisfied customers across multiple community-focused markets and our leadership in the active lifestyle community has enabled us to deliver marketers unprecedented access to active consumers. This success would not be possible without an enthusiastic, talented team and investor group."
This year, Inc. 500 companies posted aggregate 2004 revenue of $15.9 billion, and 84% were profitable, including The Active Network. The Inc. 500 companies were also engines of job growth; having created more than 95,000 jobs since the companies were founded. The Active Network also contributed to this, increasing its employee base more than 250% since December 2003.
The company's Inc. ranking follows several recent awards. These awards include the Deloitte Technology Fast 500 and Deloitte Technology Fast 50, rankings of North American technology companies per revenue growth, and the PROMO 100, a ranking of the top U.S. promotions agencies.
This year also marked several significant acquisitions for The Active Network. The company completed two acquisitions in April and June to strengthen the portfolio of its integrated consumer promotions agency, Active Marketing Group (www.ActiveMarketingGroup.com). Last month, Active completed another acquisition to launch its entry into the golf market and the debut of its Active Golf Solutions (www.ActiveGolfSolutions.com) business and ActiveGolf.com (www.ActiveGolf.com) consumer portal.
The Inc. 500 ranks privately-held companies according to year-over-year sales growth from 2001 to 2004. To be eligible for this year's Inc. 500, companies had to be U.S.-based, independent and privately held through their fiscal year 2004, and have had at least $500,000 in net sales in the base year of 2001. In addition, their 2004 sales had to exceed 2003 sales. Companies are ranked on cumulative three-year sales growth from 2001 to 2004. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.
Inc. is the only business magazine dedicated exclusively to owners and managers of growing private companies. The Inc. 500 can be found in the November issue, available on newsstands November 1.
About The Active Network, Inc.
The Active Network, Inc., based in San Diego, Calif., provides application services technology and marketing access to community service organizations and is the leading online community for active lifestyle consumers. The company's application services help organizations increase efficiency, while reducing the cost and complexity of managing community activities and fundraising events. Organizations of all size use the company's technology to automate information collection, activity registration, facility reservation, membership and fundraising management. The Active Network's marketing services offer integrated consumer promotions, including online advertising, direct marketing, event and mobile marketing, municipal marketing and sponsorship activation, that help clients develop authentic relationships with active consumers. The Active Network serves local governments, park and recreation, golf courses and golf facilities, non-profits, sports organizations and associations, educational and health care organizations, and consumer products corporations throughout the United States, Canada, Australia and New Zealand. For more information, please visit www.TheActiveNetwork.com or call 1-888-543-7223.
Shelly Burnside, The Active Network, Inc.
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