Atlas Travel International Named to First Inc. 5000
Following on the tremendous success of its annual Inc. 500, Inc. Magazine recently published Inc. 5000, an expanded list of the fast-growing private companies in America (see the methodology behind the list below). The good news is that Atlas Travel has made the 2007 Inc. 5000 list, and is in the top half!
"This is one more benchmark for Atlas," said Atlas Travel International CEO Elaine Osgood. "We are very proud to be recognized in this way as it's meaningful to be mentioned in the same breath as these top private companies in this country."
Atlas Travel International also was recognized this year by Business Travel News as #27 in the Top Travel Agencies in the United States, and CEO Elaine Osgood was distinguished as the Ernst & Young Enterepreneur in Travel in New England in 2006.How We Chose the Inc. 5,000
The methodology behind how the 2007 Inc. 5,000 list was chosen.
Jim Melloan, Inc. Magazine
The Inc. 5,000 is ranked according to percentage revenue growth from 2003 through 2006. To qualify, companies must have been founded and generating revenue by the first week of 2003, and therefore able to show four full calendar years of sales. Additionally, they had to be U.S.-based, privately held, and independent--not subsidiaries or divisions of other companies--as of December 31, 2006. (Since then, a number of companies on the list have gone public or been acquired.) Revenue in 2003 must have been at least $200,000, and revenue in 2006 must have been at least $2 million. Companies added to the Inc. 500 too late for the print edition of Inc. are listed as ties with the companies immediately below them in percentage growth. Beyond number 500, after taking these into account, the ranking resumes at No. 523. Many of these companies, as well as some companies throughout the rest of the Inc. 5,000, are companies that either went public in 2007 or filed to go public in the last 12 months. The number of employees listed is as of December 31, 2006. Full-time and part-time employees are included in the head count; independent contractors are excluded. As always, Inc. reserves the right to reject applicants for subjective reasons.