News Details

CALNET, Inc. named to INC 500 List of Fastest-Growing Companies

Reston, VA, September 1, 2006

With three-year sales growth of 388.3%, Calnet has been recognized
by Inc. Magazine as one of the fastest-growing private companies in
the United States.

CALNET Inc, a IT, Telecom and Intelligence Analysis company
serving the Federal & Commercial market, made its debut on the Inc. 500 list of America's fastest growing private companies. CALNET Inc grew by 388.3% over three years to earn this distinction.  The list, generated by Inc. magazine, is determined using stringent accounting criteria and interviews with company management.

"The growth of CALNET is a direct result of the daily efforts of our people to provide great experiences to our customers and our partners", said CALNET Inc’s CEO Kaleem Shah. "We truly believe in our company slogan “Partnership for Success” and we will succeed in empowering our employees to serve our customers and ensuring that our customers succeed in their relationship with Calnet. We are proud to serve our nation in its fight against global terrorism. We have been rewarded by the marketplace with an exceptional growth rate. And we're honored to be formally recognized this year by the prestigious Inc. 500 list."

The companies that made the Inc. 500 list represent the emerging stars of American business.  "With unprecedented global competition, companies have to be able to turn on a dime and discover innovative new ways of doing business" said Jim Melloan, project manager for the Inc. 500.  "Increasingly, it's the smaller, agile companies like those on the Inc. 500 that are best equipped to meet these challenges."

To be eligible for this year's Inc. 500, companies had to be U.S.-based, independent and privately held through their fiscal year 2005, and have had at least $500,000 in net sales in the base year of 2003. In addition, their 2005 sales had to exceed 2004 sales. Companies are ranked on cumulative three-year sales growth from 2003 to 2005. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.

About CALNET Inc.
Since 1989, CALNET has helped Federal, State and Commercial organizations in the Telecommunications, Financial, and Information Technology Service sectors to remain agile by obtaining explicit business results through the rapid application and delivery of advanced Information Technology, and Telecommunications solutions. Additionally, CALNET provides Intelligence Analysis solutions to the U.S Armed Forces and the Intelligence Community globally.

CALNET is proud to provide support to our National agencies to achieve our nation’s goals in the global war on terror, Operation Iraqi Freedom, Operation Enduring Freedom, or what ever role our great nation calls on us to support.

Media Contact:
Dwayne L. Squires
703-547-6806 (Fax)