Chicago, IL (PressExposure) January 08, 2009 -- InstallNET, a Maryland-based network of independent commercial office furniture installation companies across North America, has been recognized as a high-growth private company by the Entrex Private Company Index (PCI), a benchmarking index that measures the monthly performance of private companies in North America.
The Entrex PCI gave InstallNET its monthly Top Growth Award for November 2008, based on the companyâs 57 percent increase in revenue over the same month last year.
InstallNET CEO Dale Ewing attributes this successful growth, in especially challenging financial times, to several factors.
âTo better serve our Fortune 1000 customers, InstallNET has expanded our services to include OfficeMoveNET commercial relocation management, and we have developed a strategic partnership with ANEW â (Asset Network for Education Worldwide),â said Ewing. ANEW is a 501(c)(3) non-profit organization dedicated to collecting, organizing and repurposing surplus furniture, fixtures and equipment (FF&E) for donation to the underserved and those who support them.
âWith the economy in a tailspin, ANEW is a fantastic resource for major corporations that are physically downsizing and want to meet their environmental, fiscal, and corporate social responsibility goals. In addition to providing much needed FF&E to schools, non-profit and community agencies, ANEW moves surplus away from landfills, saves firms money in disposal costs, and provides donors with a tax receipt for their donation. All these factors add up to an incredible opportunity for long term sustained growth.â
Stephen H. Watkins, CEO of Entrex, a Chicago-based sponsor of the Private Company Index, said that mid-market private firms like InstallNET, and others on the Index, are among the companies that are still driving growth in the economy--even today.
The PCI issues this Top Growth Award each month and presents the Top Ten Growth Company Award each quarter.
To view all winning companies, visit http://www.privatecompanyindex.com.
About The Entrex Private Company Index: Published monthly, the Entrex Private Company Index (PCI) is a proprietary benchmarking tool that measures revenue performance in the sector of private companies with $250 million or less in annual revenue. http://www.privatecompanyindex.com.
About Installnet: Headquartered in Crofton, Md., InstallNET is the premiere national service network for the office furniture and facility services industry through relationships built on trust, processes resulting in industry-setting standards, and integration of e-commerce platforms. In addition to installation, it provides nationwide services offering moving and relocation, panel and carpet cleaning, refurbishing, asset management and more. There are more than 250 service providers offering high quality commercial office furniture installation and moving services throughout North America. InstallNETâs online web services provide customer members 24/7 access to service requests and project status tracking nationwide. http://www.installnet.com http://www.anewfound.org