Inc. Magazine Also Names BroadSoft 27th Among Top 100 Telecom Companies
GAITHERSBURG, MD, Sept. 10, 2007 - BroadSoft, Inc., a leading provider of VoIP application software, today announced that it ranks 526th in the first-ever Inc. 5,000 list of the fastest-growing private companies in the United States. BroadSoft is also ranked at No. 27 on Inc. magazine's 2007 list of the 100 fastest-growing private telecommunications companies.
The Inc. 5,000 is an extension of Inc. magazine's annual Inc. 500 list. Of the 7 million-plus U.S companies with employees, the magazine considers the Inc. 5,000 the nation's "elite" businesses. Taken as a whole, these companies represent the backbone of the U.S. economy, according to the magazine.
"These honors from Inc. magazine are testaments to the vision and hard work of our employees, not just in the U.S. but around the world," said Michael Tessler, president and CEO of BroadSoft. "The BroadSoft family is excited to be included in this prestigious group of top telecom companies, as well as our overall ranking among the top 5,000 private companies across the nation."
Inclusion on the Inc. 5,000 and the Top Companies in Telecommunications lists follows other recent honors received by BroadSoft, including:
- Recognition as the VoIP application market leader by researcher IDC
- Winning the Communications Solutions Product of the Year award for the BroadWorks Business Trunking application
- Earning the Northern Virginia Technology Council's "Hottest Management Team" award
"The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy - the entrepreneurial part," said Inc. 5,000 Project Manager Jim Melloan. "The expansion of the list has allowed us to tell the stories of larger companies, older companies and a wealth of companies in industries such as manufacturing and construction that are underreported in the business media."
Complete information on this year's Inc. 5,000, can be found at www.inc.com/inc5000. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management. The list is searchable by industry, city, state, region and year founded.
Inc.com, "the Daily Resource for Entrepreneurs," delivers advice, tools, breaking news and multi-media to help business owners and CEOs start, run and grow their businesses more successfully. Information and advice about marketing, sales, finding capital and management can be found at www.inc.com.
BroadSoft provides VoIP application software that enables the delivery of hosted telephony and multimedia services. Its award-winning flagship BroadWorks® technology empowers wireless, wireline and cable carriers to deliver next-generation voice and multimedia applications and advanced features that enable them to increase revenue, enhance competitive differentiation and elevate customer satisfaction. BroadSoft's family of carrier-class software products delivers the scale, open architecture and reliability that the world's leading telecommunications companies demand to serve mission-critical enterprise and residential broadband customers. BroadSoft provides VoIP applications to 7 of the top 10 and 13 of the top 25 largest carriers worldwide, as measured by recent annual revenue, including Korea Telecom, KPN, Singtel, Sprint, Telefonica de Espana, Telstra, T-Systems, and Verizon. For additional information, go to www.broadsoft.com.