AUBURN HILLS, Mich., Sept. 6, 2007 Plexus Systems, Inc.,providers of Plexus Online on-demand software for the manufacturingenterprise, today announced it has been named to the 2007 Inc. 5,000 list ofthe fastest-growing companies in America. Plexus Systems, Inc. is ranked atnumber 1581 with three-year sales growth of 226%.
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This is the first-ever Inc. 5,000 list of the fastest-growing privatecompanies in the country. The list measures revenue growth from 2003 through2006. To qualify, companies had to be U.S.-based and privately held. Taken asa whole, these companies represent the backbone of the U.S. economy. Completeinformation on this year's Inc. 5,000 can be found athttp://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 seenwide acceptance by the manufacturing sector of Plexus Online. Our customerbase uses the technology to manage their entire operations, and enjoy thebenefits of both our full-featured software system, and the on-demand deliverymodel. As they improve their business and manufacturing operations, othercompanies in their industries -- automotive, aerospace and defense, andmedical device manufacturing, to name a few -- are looking closely at how theyachieved their success, and as a result the interest in Plexus Online hasskyrocketed."
"The Inc. 5,000 provides the most comprehensive look ever at the mostimportant part of the economy -- the entrepreneurial part," said Inc. 5,000Project Manager Jim Melloan. "The expansion of the list has allowed us totell the stories of larger companies, older companies, and a wealth ofprivately-held companies that are underreported in the business media."
The Midwest region leads the list of the fastest-growing companies in thenation. Michigan-based Plexus Systems recorded revenue of approximately $22million for the calendar year 2006. The growth was driven by continuedacceptance of the on-demand service model offered by Plexus, and a 100 percentretention rate among its existing customers. Plexus won new business in 2006with companies headquartered in North America, Asia, and Europe.
Plexus Online is an on-demand solution, building on the "software as aservice" model. Plexus Online offers over 350 functional modules, providingcompanies instant access to vital information and management functions using asimple web browser. The on-demand solution features enterprise resourceplanning (ERP) functions such as accounting and finance modules, customerrelationship management (CRM) features such as order entry and tracking,manufacturing execution systems (MES) functions such as production schedulingand machine integration, and supply chain management (SCM) functions such assupplier quality and traceability.
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About Plexus Systems
Since 1995, Plexus Systems, Inc. (Auburn Hills, Mich.) has maintained asingular vision -- to drive significant cost, quality and productivityimprovements for manufacturers, from the shop floor to the top floor. PlexusOnline(TM) is a true on-demand manufacturing performance system, delivering apowerful, real-time interface to integrate and manage the total manufacturingenterprise. Plexus Systems originated internally at a manufacturing company,and was designed to resolve quality challenges, including production,distribution and global supply chains management issues. Toda