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Press Release

Sep 1, 2011

Auriga is featured as one of the fastest growing U.S. companies by Inc. Magazine

Woburn, MA, - Auriga, a U.S.-based software R&D outsourcing services provider with development centers in Russia, is glad to announce that it has been included in the Inc. 500|5000 list of the fastest growing private companies in America by Inc. Magazine.

This year Auriga came out with #290 rank in Software industry (and among best 20 in software industry in Massachusetts). Earlier this year Auriga was recognized as No. 1 Engineering Services Outsourcing (ESO) provider worldwide in the Datamonitor's annual Black Book of Outsourcing (BBO, the 2011 Global Outsourcing 100 list vendor and Global Services 100 list company.

The 2011 Inc.’s 500|5000 list identifies the ability of the companies to outpace the competition in both performance and employment and represents the fastest growing U.S.-based, privately held, for profit, independent companies, ranked by their revenue growth in 2007-2010.

In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.

"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,"

says Inc. magazine Editor Jane Berentson.

"It was the first time for Auriga to take part in the Inc. Magazine 500|5000 list survey. The 2007-2010 timeframe used for this year’s rating was a tough one for growth - in 2008 and 2009 the whole software industry experienced recession. And we are glad that despite the tough times, and despite working in a more conservatively growing software services segment, Auriga proved to be one of the most competitive out of tens of thousands U.S. companies, "

comments Andrei Pronin, Auriga, General Manager.

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.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.

About the Inc. 500|5000 Conference

Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 22–24, 2011, at the Gaylord National Resort and Convention Center in National Harbor, Maryland, located minutes from downtown Washington, D.C. For more information about the 2011 Inc. 500|5000 Conference & Awards Ceremony and to register, visit www.inc500conference.com or call 866-901-3205.  


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