Falls Church, Virginia, August 31, 2011: Sevatec, Inc. (Sevatec) announced today that the firm has ranked amongst the 2011 Inc. 500|5000 list for the third consecutive year. With this accomplishment, Sevatec joins the rarified company of enterprises that have appeared on the list multiple times.
“Sevatec is honored to be recognized as one of the nation’s fastest growing private companies. We attribute our rapid growth to the time and effort put forth by our staff and most importantly our loyal customers. It is an outstanding accomplishment that Sevatec has been on the list for three straight years considering the number of successful companies in the United States and economic challenges that we have been faced with,” said Sonny Kakar, President and CEO of Sevatec.
The 2011 Inc. 500|5000 recognizes the achievements of America’s independent entrepreneurs and their contributions to the global economy. Companies are ranked according to the percentage growth of their annual revenue from 2007 through 2010. All awardees must be based in the United States, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2010.
The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year. “Now, more than ever, we depend on Inc. 500|5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” said Jane Berentson, Editor of Inc. magazine.
The 30th annual Inc. 500|5000 conference and awards ceremony will be held at the Gaylord National Resort and Convention Center in Washington, D.C. on September 22–24, 2011.
Complete results of the Inc. 500|5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on http://www.inc.com/inc5000/list.
Headquartered in Falls Church, VA., Sevatec, Inc. is an 8(a) certified, CMMI Level 3-rated and ISO 9001:2008 certified management and technology consulting services firm focused on designing and implementing innovative, cost-effective, and customer-centric solutions for the federal government. Sevatec was founded in 2003 on the concept of “seva” or a “commitment to serving others” as the central principle of its way of doing business and nurturing relationships with its clients, employees, partners, and community.
Sevatec is a trusted advisor and agile thought leader to numerous clients in the federal government offering solutions and services in Program Management, Human Capital, IT Strategy and Management, System and Software Development, Software Assurance and Verification, and Information Security.