Cascade Asset Management Named One of the Fastest Growing Private Companies in the US
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PRLEAP.COM) Madison, WI – September 1, 2007 –Cascade Asset Management (Cascade), a national leader in providing full service IT asset retirement solutions, today announced it has joined the revered ranks of the Inc. 5000 fastest growing private companies in the US. This inaugural Inc. 5000, an extension of Inc. magazine’s annual Inc. 500 list, identifies companies who are changing the landscape of American business and honors their ingenuity and entrepreneurial spirit. Cascade ranked in the top 25 of its category, Computers and Electronics, and12th among Wisconsin companies. This is an overall rank of 1,193, with three-year revenue growth of 300.6%.
“It is an honor to be included on the Inc. 5000 list. This recognition evidences the dedication of our employees and the quality and commitment of our partners,” says Neil Peters-Michaud, Cascade CEO and Co-Founder. “Cascade works to protect our customers’ most important values: data security, asset value, and the environment. Our growth is the direct result of our ability to meet those needs effectively and responsibly.”
Cascade provides comprehensive information technology equipment retirement services. The company collects, receives and processes office electronics, consumer electronics and test equipment from sites across North America. Cascade has experienced continual growth since inception in 1999, with volumes growing at 40% per year.
The 2007 Inc. 5,000, as revealed online at
www.inc.com/inc5000, reported median revenue of $9.4 million and median three-year growth of 140 percent. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management. In addition, the list is searchable according to numerous criteria, including industry, city, state, region, and year founded.
“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 like Manufacturing and Construction that are underreported in the business media.
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.
About Inc.com:
Inc.com, the Daily Resource for Entrepreneurs, delivers advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses more successfully. Information and advice covering virtually every business and management task, including marketing, sales, finding capital, managing people can be found at
http://www.inc.com.
About Cascade
Cascade Asset Management is an ISO 14001 registered company providing full service IT technology asset retirement solutions since 1999. It is a Certified Electronics Recycler from International Association of Electronics Recyclers. Cascade serves Fortune 500 companies, municipalities, and more than 900 other regional businesses. For more information about Cascade, please visit
www.cascade-assets.com or call (888) 222-8399.
Media Contact:
Toral Jha, Industry Relations Representative
Cascade Asset Management, LLC
6701 Manufacturers Drive
Madison, WI 53704
Phone: (608) 316-6440
Email:
tjha@cascade-assets.com
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