10/20/2004
Métier Named to 2004 Inc. 500 List of Fastest-Growing Private Companies
Washington, D.C.-based software company attains 395% four-year sales growth
Métier, Ltd., an innovator in predictive project portfolio management software and services, today announced that it has been named to Inc. Magazine’s 2004 Inc. 500. This prestigious list showcases the country’s fastest growing privately held companies. Métier has attained revenue growth of 395 percent from 2000 to 2003.
A forward-thinker in predictive project portfolio management, Métier continues to expand market share in both the public and private sectors. The company attributes much of its success to sales of its cutting-edge WorkLenz software. This technology is touted by analysts and academia as “ahead of its time” and “the natural next step for the industry.” Métier’s predictive, algorithmic approach to modeling the portfolio of project work allows clients to predict risk, model performance and continually improve process. Métier’s recent high-profile client and partner engagements include IBM, Lockheed Martin, Northrop Grumman, the U.S. Department of Agriculture, BMW Manufacturing Corporation, and others who work forward with WorkLenz.
“We chose to grow the company without venture capital investment, focusing instead on generating revenue and meeting market demand through the delivery of innovative technology,” said Doug Clark, chief executive officer of Métier. “This approach has paid off – Métier has been profitable for years and we continue to expand market share with government agencies and Fortune 500 companies. We are honored to be recognized by Inc. Magazine as part of this impressive group of entrepreneurs.”
“The best thing you can say about this year’s crop of Inc. 500 entrepreneurs is that they didn’t buy into the hype,” said Inc. editor-in-chief John Koten. “When people were practically giving away funding in the late 1990s, these companies didn’t overextend, and when everyone hit the panic button a few years later, they stayed calm and seized opportunity.”
To be eligible for this year's Inc. 500, companies had to be independent and privately held through their fiscal year 2003, have had at least $200,000 in net sales in the base year of 1999 for Inc. 500 alumni and 2000 for new applicants, and $2 million in net sales for 2003. In addition, their 2003 sales had to exceed 2002 sales. Companies are ranked on averaged year-over-year sales growth. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.
About Inc.
Inc., the only business magazine dedicated exclusively to owners and managers of fast-growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing and technology. Inc. is the premier publication that focuses on small to medium-size businesses, which are responsible for more than half the nation's gross domestic product and 75% of its new jobs. And Inc. looks beyond work to address the entrepreneurial lifestyle. Inc., a Gruner + Jahr USA publication, inspires and informs, with cutting-edge coverage that reflects our readers' energy, brashness, and imagination.
About Métier, Ltd.
An award-winning software company headquartered in Washington, D.C., Métier delivers project portfolio management that empowers the modern project enterprise to work forward™. Since 1998, Métier’s suite of software and services analyzes and predicts work for government agencies and Global 2000 corporations. It transforms existing data into valuable information, delivering trusted intelligence for better decisions. For more information about how your organization can work forward, please visit www.metier.com or call 1-877-965-9501.
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