News Details

CALNET, Inc. ranks 144 in the INC 500 List of Fastest-Growing Companies

Reston, VA, September 28, 2008

With three-year sales growth of 1,553.2%, CALNET has been recognized by Inc. Magazine as one of the fastest-growing private companies in the United States.

Reston, VA September 28, 2008 – CALNET Inc., an IT, Intelligence Analysis, and Language Services company serving the Federal & Commercial market, made it back on the Inc. 500 list of America's fastest growing private companies in 2008. CALNET Inc. grew by 1553.2% over three years to earn this distinction and moved to Number 144 on the INC 500 list.

"Our nomination to the INC 500 list for 3 years in a row is a tribute to the outstanding employees of CALNET and the quality service we have provided to our customers. We are proud to have served our nation in the global war on terrorism”, said CALNET Inc.’s CEO Kaleem Shah.

For CALNET to be recognized in this elite group 3 years in a row is truly a testament to our team at CALNET. We were rewarded by our customers for the quality of our service. To be eligible for this year's Inc. 500 list, 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 2004 to 2006. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials. Most importantly, the 2007 Inc 500 companies were engines of significant job growth.

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 for whatever role our great nation calls on us to support.

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