| Spinnaker Makes Prestigious 2008 Inc. 500 List |
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SUPPLY CHAIN CONSULTANT DEBUTS AS ONE OF TOP 5 LOGISTICS COMPANIES Denver - August 25, 2008 - Spinnaker, a global leader in supply chain strategy, implementation and outsourcing services, today announced its debut on Inc. magazine’s annual Inc. 500 list of fastest-growing private companies in the United States. Spinnaker was ranked No. 414 with a three-year growth rate of 752 percent. The supply chain and outsourcing group was founded in 2002, but already is ranked the fifth fastest-growing logistics company in the country. “Being named to Inc. 500 is an incredible milestone for our company.” said Mathew Stava, co-founder and managing principal for Spinnaker. “We have achieved this level of performance based on the intellect and dedication of all Spinnaker employees. Working together we are delivering demonstrable and sustained value on a daily basis to our clients and this award is concrete recognition of that fact.” Spinnaker is cultivating a strong reputation in the supply chain and logistics community. The company is known for its ability to partner with clients in a flexible way and help those clients put into place the right supply chain strategy, people and processes that result in world-class operations. “LSI Corporation has worked with the Spinnaker team for many years involving materials management and third party logistics,” said Kyle Sanders, Global Logistics Operations Manager for LSI. “The partnership has been one of continued success due to the quality of both the Spinnaker management and staff. Our work with the Spinnaker team has lead to increased efficiencies in multiple areas due to their expertise and, in particular, their flexibility to meet the specific needs of their customer.” Those savvy to the marketplace know that powerhouses such as Microsoft, Intuit, GoDaddy, Under Armour and Oracle gained early exposure as members of the Inc. 500. "If you want to find out which companies are going to change the world, look at the Inc. 500," said Inc. Editor Jane Berentson. "These are the most innovative, dynamic, fast-growing companies in the nation - the ones coming up with solutions to some of our knottiest problems, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition." Spinnaker embodies that ingenuity and ambition and looks to an even stronger future. “As the economic downturn continues to be front page news, Spinnaker is experiencing tremendous demand for our Supply Chain Strategy, Implementation and Outsourcing Services,” said Robert Benson, PhD, co-founder and managing principal at Spinnaker. “With the acquisition of Atlanta-based Prosero Inc. early last year, Spinnaker added a core competency in value added warehousing and distribution, moving us a giant step closer to our goal of being the end-to-end supply chain services provider of choice to our clients.” The 2008 Inc. 500, as revealed in the September issue of Inc. magazine (on newsstands August 26 – September 30), reported aggregate revenue of $13.7 billion and median three-year growth of 1,046 percent. Total sales for Inc. 500 companies were 14 percent below last year’s combined revenue of $16 billion; still, it was a stellar year for many companies. Additionally, the 2008 Inc. 500 companies were engines of job growth, having created more than 51,414 jobs since those companies were founded. For complete information on this year’s Inc. 500, including company profiles and a list of the fastest-growing companies can be found at www.inc.com/inc5000 . ### About Inc. Magazine Founded in 1979 and acquired in 2005 by Mansueto Ventures, LLC., Inc. magazine (www.inc.com) 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 681,421, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. About Spinnaker Founded in 2002, Spinnaker leads the industry with innovative supply chain solutions to ensure that its clients remain competitive in the global marketplace. Spinnaker has been fortunate to have served over 68 clients to date, most of which are market leaders in their respective industries; from semiconductors to energy, telecommunications to food & beverage. Spinnaker delivers supply chain excellence with the world class people, processes, technology and operational know-how. Over the past six years, Spinnaker has delivered its services on five of seven continents and has managed to at least double revenues for six straight years through both organic growth and by virtue of acquisition. For more information, please contact: Mike Pardun, VP of Marketing Phone: 1.877.476.0576 Email: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it |