Clark, NJ (PressExposure) November 25, 2009 -- NJBIZ, New Jerseyâs leading statewide business newspaper, announced and honored the top fifty businesses that have made significant contributions to the growth, strength and success of New Jersey during the New Jerseyâs Fifty Fastest Growing Companies award ceremony held at The Palace in Somerset Park on Monday, November 16, 2009. Global eProcure is proud to announce its rank of number #18 on this yearâs list.
In order to be eligible for nomination, companies needed to show revenue of at least $500,000 in each of the fiscal years ending 2005, 2006, 2007 and 2008 and show revenue growth in 2008, as compared to 2005 (a four year period). Eligible companies were to be for-profit entities headquartered in New Jersey.
"To be chosen among New Jersey's Finest is quite an honor," said companyâs President and Founder, Roopa Gandhi. "We have been able to grow to where we are now because we strongly believe in providing value to our customers. Our success is due to the tangible value that we have been able to show our customers in areas where savings can be difficult to attainâ says Roopa.
Presenting sponsor, Rothstein Kass, calculated the nominations and then ranked the companies according to revenue growth over the four-year period of 2005-2008. Both dollar and percentage increases were taken into consideration. This ranking formula led to recognition of the 2009 New Jerseyâs Fifty Fastest Growing Companies consisting of both large and small companies.
In addition to the awards ceremony on November 16, 2009 the Top Fifty Fastest Growing Companies are profiled in a special supplement to the November 23, 2009 issue of NJBIZ. The complete list of honorees is published in ranked order, along with information on each companyâs financial growth.
The New Jerseyâs Finest Fifty Fastest Growing Companies event is a program of NJBIZ and is presented by Rothstein Kass.
Global eProcure is a privately held enterprise with headquarters in Clark, NJ and offices in Europe and Asia. For more information, please visit http://www.globaleprocure.com