SOURCE: TelePacific Communications

 

LOS ANGELES, CA--(Marketwire - August 20, 2008) - TelePacific Communications, a leading provider of business telecommunications network solutions, today announced it has been named one of Inc. Magazine's 2008 "Fastest Growing Private Companies in America." The rankings are based on TelePacific's impressive 251.4% revenue growth from 2004 through 2007.

"The Inc. 5000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models as well as older companies that are still showing impressive growth," said Inc. 5000 Project Manager Jim Melloan.

TelePacific ranked highly on several category lists, including:

--  50th in the Top 100 Companies nationwide by Dollars of Growth;
--  3rd Telecommunications Company in the Top 100 Companies nationwide by
    Dollars of Growth; and
--  1st in the Los Angeles area in the top 100 Companies nationwide by
    Dollars of Growth.
    

"It is an honor to be recognized for our outstanding growth," said Richard Jalkut, president and CEO of TelePacific. "In the last decade we have grown to provide services to more than 50,000 small- and medium-business customers with over one million lines in service. We look forward to the next decade of growth while we continue to offer our customers reliable, high-quality services and support."

TelePacific has expanded through both acquisitions and organic growth, adding regional call centers, and expanding the markets it serves across California and Nevada to address growing customer demand. The company's success is attributed to customer satisfaction levels ranking in the 90th percentile, with more than 2000 customers surveyed each month by an independent firm.

The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc5000.com.

The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, for profit, independent -- not subsidiaries or divisions of other companies -- as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007.

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About TelePacific

TelePacific Communications is a competitive carrier that serves customers throughout California and Nevada. Headquartered in Los Angeles, the Company is the leading competitive carrier in its footprint, with customer care centers in Los Angeles and Stockton in California and Las Vegas in Nevada. In business since 1998, TelePacific provides services through a combination of TelePacific-owned switches and network infrastructure, including its own and leased robust fiber-optic network assets. Offering local and long distance voice, dedicated Internet access, private networking and data transport services as well as bundled voice and Internet solutions and wholesale services, TelePacific manages more than 50,000 customer accounts with over 1 million access lines in service. For more information, visit http://www.telepacific.com.