Transzap, Inc. Recognized As One of America’s Fastest-Growing Private Companies by Inc. Magazine
Thursday, October 6, 2011
Posted by: Wendy Nkomo
Transzap, Inc. Recognized As One of America’s Fastest-Growing Private Companies by Inc. MagazineThree-Year Jump in Revenue Growth ranks the company 2765th on the 2011 Inc. 5000 list
DENVER and HOUSTON − October 4, 2011-Transzap, Inc., provider ofOildex, the energy industry's leading source for ePayables, eRevenue, and eStatement software solutions, today announced it has been named to the 2011 Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies, based upon 3-year revenue growth. This honor marks the fourth time within the last year that Transzap has been recognized as a leading growth company or business technology innovator.
Over the past three years, Transzap realized 81% growth in its revenue. This is the result of the company's focused work to expand its service offerings and increase the size of its user network. During the years 2008 through 2010, Transzap launched new services in each of its four product portfolios: ePayables, eBudgeting, eRevenue, and eStatements; and, Transzap grew its Oildex user network by an unprecedented 429%.
Notably, Transzap was also recognized byInc.Magazine as the country's 200th fastest growing software company.
"Transzap is delighted to be recognized as one of the leading growth companies in America," said Transzap's Vice President of Marketing and Communications, Karey Goebel. "Our mission is to deliver market leading software-as-a-service (SaaS) solutions that transform the way energy companies, and their business partners, access, use, analyze, and share critical business information. This recognition is a testimony to the many accomplishments of Transzap, the hard work and dedication of our team, and the company's unwavering commitment to the energy industry."
According toInc.magazine Editor, Jane Berentson, "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."
Complete results of the Inc. 5000, including company profiles and an interactive database, can be found atwww.inc.com/5000. Transzap's Inc. 5000 listing can be foundhttp://www.inc.com/inc5000/profile/transzap.
About Transzap, Inc.
Oildex, a service ofTranszap, provides ePayables, eBudgeting, eRevenue, and eStatement software-as-a-service (SaaS) solutions to the oil and natural gas industry, and serves over 9,000 companies and 200,000 registered users. The Oildex suite of services streamlines operations, enabling companies to shift from paper-based processes to electronic and provides tools for companies to process, track and understand their transactions in near-real time. For more information on Oildex and its services, visitwww.oildex.com.
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC,Inc.(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 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online atwww.inc.com.
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