AUBURN HILLS, Mich., Sept. 6, 2007 /PRNewswire/ -- Plexus Systems, Inc., providers of Plexus Online on-demand software for the manufacturing enterprise, today announced it has been named to the 2007 Inc. 5,000 list of the fastest-growing companies in America. Plexus Systems, Inc. is ranked at number 1581 with three-year sales growth of 226%.
This is the first-ever Inc. 5,000 list of the fastest-growing private companies in the country. The list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held. Taken as a whole, these companies represent the backbone of the U.S. economy. Complete information on this year's Inc. 5,000 can be found at http://www.inc.com/inc5000 .
"This ranking by Inc. magazine is a testament to Plexus Systems' innovative technology offerings," said Mark Symonds, Plexus CEO. "We've seen wide acceptance by the manufacturing sector of Plexus Online. Our customer base uses the technology to manage their entire operations, and enjoy the benefits of both our full-featured software system, and the on-demand delivery model. As they improve their business and manufacturing operations, other companies in their industries -- automotive, aerospace and defense, and medical device manufacturing, to name a few -- are looking closely at how they achieved their success, and as a result the interest in Plexus Online has skyrocketed."
"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 privately-held companies that are underreported in the business media."
The Midwest region leads the list of the fastest-growing companies in the nation. Michigan-based Plexus Systems recorded revenue of approximately $22 million for the calendar year 2006. The growth was driven by continued acceptance of the on-demand service model offered by Plexus, and a 100 percent retention rate among its existing customers. Plexus won new business in 2006 with companies headquartered in North America, Asia, and Europe.
Plexus Online is an on-demand solution, building on the "software as a service" model. Plexus Online offers over 350 functional modules, providing companies instant access to vital information and management functions using a simple web browser. The on-demand solution features enterprise resource planning (ERP) functions such as accounting and finance modules, customer relationship management (CRM) features such as order entry and tracking, manufacturing execution systems (MES) functions such as production scheduling and machine integration, and supply chain management (SCM) functions such as supplier quality and traceability.
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About Plexus Systems
Since 1995, Plexus Systems, Inc. (Auburn Hills, Mich.) has maintained a singular vision -- to drive significant cost, quality and productivity improvements for manufacturers, from the shop floor to the top floor. Plexus Online(TM) is a true on-demand manufacturing performance system, delivering a powerful, real-time interface to integrate and manage the total manufacturing enterprise. Plexus Systems originated internally at a manufacturing company, and was designed to resolve quality challenges, including production, distribution and global supply chains management issues. Today, Plexus Online also enables businesses to manage accounting, financials, compliance and human resources and other top priorities. Plexus Systems serves a cross section of manufacturing industries (OEM and suppliers), particularly automotive, defense, medical device and aerospace companies headquartered in the Americas, Asia, and Europe.
Plexus Systems has partnered with Apax Partners ( http://www.apax.com ), one of the world's leading global private equity groups, to drive global expansion and further strengthen the company's products, services and market position. Apax Partners operates across the US, Europe and Asia and has more than $20 billion in funds under management and advice. In 2006, funds advised by Apax made a strategic investment in Plexus Systems, joining the founding investment group as stakeholders in Plexus. Visit http://www.plex.com for more information.
|SOURCE Plexus Systems, Inc.|
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