Lokion Makes Inc 5000 (Again)
MEMPHIS, TN – August 24, 2010 – For the 4th consecutive year Lokion has made Inc. Magazine’s annual ranking of the 5,000 fastest-growing private companies in the country. This makes four years out of Lokion’s 10 that the company has been recognized for positive (and in our minds, responsible) growth. Lokion’s rank this year is 2865.
The Inc. list represents a comprehensive look at a vital segment of the economy — America’s entrepreneurs. Pandora, 7-Eleven, Brooklyn Brewery, and Radio Flyer (maker of the iconic children’s red wagon) are among the prominent brands featured on this year’s list.
“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”
Despite the fact that most of this year’s measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list increased to $321.6 billion, up more than 50 percent from last year. The effects of the recession are seen, however, in the median three-year growth rate, which dropped to 96 percent from last year’s 126 percent. This year’s Inc. 5000 employ a record 1.4 million people, up from one million on last year’s list.
“We are more than pleased to see our name on this list again,” says Megan Jones, President & CEO. ”It is a testament to the ever-expanding tech industry, our clients, our management and staff. And it’s nice to be in such great company — we are especially glad to see our fellow ‘repeats,’ particularly given the challenges in the past couple of years.”
Lokion is an interactive consulting agency specializing in providing small, flexible teams of experts to address eCommerce projects. From creating online user experience strategies to producing design interfaces and developing and customizing software, Lokion focuses on serving clients with a mix of creativity, strategy, and technology. Our deliverables result in persuasive, targeted ecommerce solutions. More than just design and deployment, Lokion works closely with clients to maintain and enhance their online efforts with content strategy and management, ongoing usability testing, software development and maintenance, and continuous business strategy support.
About Lokion
Lokion creates digital and brand experiences that help clients generate awareness, loyalty, and growth. With deep experience in eCommerce, user experience and content, Lokion specializes in serving clients with results-oriented design, usability, strategy, and technology. Clients include Viking Range, FedEx, Smith & Nephew, First Tennessee and more. Lokion has been included in Inc. Magazine’s Top 5000 Fastest Growing Companies for four years in a row. www.lokion.com.
About Inc.com
Inc.com, the daily resource for entrepreneurs, delivers how-to guides, advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses. Inc.com offers dynamic marketing solutions to help advertisers effectively reach Inc.com’s audience of business leaders. Visit http://www.inc.com.
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