SOURCE: inthinc Technology Solutions, Inc.
SALT LAKE CITY, UT--(Marketwire - Aug 21, 2012) - inthinc Technology Solutions Inc., a global provider of telematics, fleet management and driver safety technologies, today announced that it has been recognized by Inc. magazine's 2012 'Inc. 5000' ranking of the fastest-growing companies in the country. In an announcement that took place yesterday, inthinc was named in the top 5000 list for the third year in a row with a three-year sales growth of 200 percent -- including more than 50 percent growth from 2010 to 2011.
The company's CEO Todd Follmer credits inthinc's growth to its focus on providing a single platform for organizations to manage fleet safety and operations. The inthinc solution has shown to reduce vehicle accidents by 90 percent, reduce idle time by 53 percent and decrease maintenance costs by 20 percent.
"We are pleased to be recognized once again on this year's Inc. 5000," said Follmer. "inthinc has experienced tremendous growth over the last three years due to our strong commitment to protect drivers and the companies they work for. We expect this growth to continue into the future by giving companies the power to drive high operational ROI by reducing fuel and other operating costs, increasing driver safety and delivering real-time fleet performance information."
According to Inc. magazine, in a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year's list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
To learn more on how inthinc saves fleets money, click here.
inthinc is a global provider of telematics, fleet management, and driver safety technologies. Its breakthrough solutions are designed to safeguard lives, save money and protect the environment. inthinc technology has been documented to reduce accidents by 90 percent, reduce speeding by 86 percent, decrease maintenance costs by 20 percent and reduce fuel costs. For more information, please visit http://www.inthinc.com.