PRNewswire October 01, 2003 (5:49 PM EST)

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/PRNewswire/ -- The Intranet software company, Mindbridge, joins an elite group of organizations in this year's list of the fastest-growing private companies compiled by Inc. Magazine. Mindbridge helps clients improve their corporate communications and management information with their Intranet software suite, IntraSmart. Scott Testa, COO of Mindbridge, stated that, "The Inc. 500 listing reflects our continued strong growth which is the result of innovative product enhancements, superb support for our customers, and a system that delivers high ROI by significantly improving productivity." According to Inc. editor-in-chief John Koten, "The entrepreneurs you'll find on the Inc. 500 have the type of attitude we need to get this economy moving again. For them, a tough market is not an excuse for poor performance, but an opportunity to innovate and rise above the competition." The Inc. 500 ranks privately held companies according to sales growth over the past five years. With 75% of all new job creation in the U.S. coming from small businesses, the Inc. 500 is a prescient indicator of the companies and industries that are driving the economy forward. Over the years, the Inc. 500 has identified the next generation of world-class companies, with Microsoft, Timberland, Oracle, Princeton Review, Morningstar, E*TRADE, and Intuit all appearing on the list before they became industry powerhouses. To be eligible for this year's Inc. 500, companies had to be independent and privately held through their fiscal year 2002, have had at least $200,000 in sales in the base year of 1998, and their 2002 sales had to exceed 2001 sales. Inc. verifies all information using tax forms and financial statements from certified public accountants and by conducting interviews with company officials. Mindbridge ranked #346 on the list with a five-year sales growth of 523%. With clients like The American Bar Association, ADP, The March of Dimes and Fidelity Bank, Mindbridge is supplying a tool that companies customize to match their organization, culture, and business processes. This enables them to build teamwork by developing new, creative methods for sharing information and knowledge.