
SGIS RANKED 13TH FASTEST
GROWING NEW COMPANY IN
San Diego, California (June 7, 2006) – SGIS announced today that it ranked No. 13 on
PricewaterhouseCoopers’ and Entrepreneur
magazine’s Hot 100 list of The Fastest Growing New Companies in America. The
list is featured in the June 2006 issue of Entrepreneur
magazine. The 12th Annual Hot 100 listing was assembled from an
initial list of fast-growing companies compiled by PricewaterhouseCoopers.
SGIS CEO Hany Girgis founded the
company from his home in June 2002. Since inception, SGIS has grown into
a national organization that delivers government contracting and other
professional services to a diverse group of customers. Girgis says, “It
is an honor to be selected by Entrepreneur
magazine as a member of the Hot 100 for the second straight year. Our
team’s dedication and commitment has enabled us to move up 14 spots from last
year’s list. We pride ourselves on providing superior services to our
customers, and this award validates those efforts.”
With revenues in excess of $26
million in 2005, a growth factor of over 5,300% within the first 3 years of
business, SGIS is rapidly climbing the ladder of success. SGIS VP John Mahony, who joined the company
shortly after inception, adds, “This is a tribute to our amazing team and
something they should be very proud of. We also want to thank our
customers for their loyal support.” Mahony
went on to say, “Our primary strategy for growth is to hire the best
people and provide them with the best training and tools to ensure
their success. We are always looking for opportunities to tap the
potential of our top producers and to expand their influence within the
organization and with our customers. This creates the culture of
meritocracy, which helps guide the organization to new heights.”
SGIS has continued its growth trend,
already growing revenues by more than 60% in 2006. The company now employs more than 480
people. Much of the company’s success can be attributed to expanding into
various market segments with a diverse set of service offerings.
In March of 2005, SGIS was awarded a
5 year contract with NASA Jet Propulsion Laboratory (JPL), worth $75
million. SGIS was awarded one of three prime contracts out of over
100 qualified companies. A large driver for the growth of SGIS has also been
the Intelligence services offered by SGIS, which provides Intelligence
Analysis, Management Support and Information Technology services to various
agencies within the Intelligence Community. The company’s intelligence-related
work has grown by more than 600% since the beginning of 2005.
Each Hot 100 company must have been
founded no earlier than 2001, had annual sales that exceeded $1 million in
2005, has fewer than 1,000 employees and has a founder with a controlling
interest in the business who is actively involved in daily operations. Entrepreneur reports that total combined
sales of this year's Hot 100 companies reached an impressive $1.7 billion, up
from $1.5 billion last year. Business services companies continued their
solid showing, and staffing firms did exceptionally well, jumping from four
companies last year to 10 this year. Healthcare
and pharmaceutical industry businesses also continued to be strong
categories. Technology businesses grew at a steady pace – 22, up from 20
last year – with technology defense companies joining the competition. E-commerce businesses also came on strong,
with six spots in this year's Hot 100.
For the complete story and listing
on the Hot 100, pick up a copy of the June 2006 issue of Entrepreneur magazine, or go to www.SGIS.com
for further information regarding SGIS.
About SGIS
SGIS provides services and solutions
that defend the
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