Press Releases

FOR IMMEDIATE RELEASE

Inc. 500 Reveals America's Fastest Growing Private Companies

Thomas & Herbert Consulting LLC, a leading information technology and management consulting company in Silver Spring, Maryland, Ranks #237 on the 2004 Inc. 500 With Four Year Average Annual Sales Growth of 625%

New York, October 20, 2004 - Inc. Magazine, the premier publication for small and medium-sized businesses, today released its 23rd annual Inc. 500 ranking of the fastest-growing private companies in the country. A leading information technology and management consulting company, Thomas & Herbert Consulting LLC, ranks #237 on the list, with four year average annual sales growth of 625%. The Inc. 500 Special Issue will appear on newsstands October 26 and will be on display until December 21, 2004.

"We attribute our growth and success to our focused delivery of results for our clients that is embraced by the entire Firm and strategic partners," said Deana Herbert, Co-Founder and Executive Managing Director of T&H. "We are delighted to be recognized as an Inc. 500 company, and we are very pleased that our Government clients have entrusted T&H to lead an array of mission critical initiatives that impact the lives of American citizens."

To be eligible for this year's Inc. 500, T&H had to be independent and privately held through fiscal year 2003, have had at least $200,000 in net sales in the base year 2000, and at least $2 million in net sales for 2003. In addition, T&H's 2003 sales had to exceed 2002 sales. Companies are ranked on averaged year-over-year sales growth. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.

T&H and other 2004 Inc. 500 companies have thrived despite continued stagnation in the economy, posting an average year-over-year sales growth of 265%. Inc. 500 companies posted aggregate 2003 revenue of $12.6 billion, and 82% of them were profitable. And while the United States shed 410,000 jobs in 2003, Inc. 500 companies provided employment for more than 70,000 people. T&H hired more than 30 new employees in 2003 and was also recognized as one of the 50 fastest growing small information technologies in the Government sector by Washington Technology for 2003 and 2004.

About Thomas & Herbert Consulting LLC
T&H, founded in 1996, is a leading provider of information technology and management consulting services for Federal, State, and Local Government organizations. Our core services include enterprise architecture (EA), systems development and integration, e-Gov solutions, managed services, business transformation, and program management support. T&H leverages industry best practices coupled with the requisite experience to deliver precise enabling technology, yielding quantifiable results for our clients. We understand the challenges our clients face and we infuse the foresight and perspective required to overcome challenges and ensure success. Based in Silver Spring, MD, T&H has been named by Inc. Magazine and Washington Technology as one of fastest growing and most successful companies in the United States. For more information, visit our website at www.thcllc.com.

Media Contacts:
Ryan Clancy
ryanc@rosengrouppr.com
212.255.8455 ext. 22

Diane Stefani
diane@rosengrouppr.com
212.255.8455 ext. 27

« Back to Full Listing