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IBT Enterprises Named to First-Ever List of the 5,000 Fastest-Growing Businesses
Company makes the list with three-year sales growth of 93%

ATLANTA and NEW YORK, September 10, 2007 – Inc. magazine has ranked design, build, construction, and consulting services leader IBT Enterprises number 3,317 on its first-ever Inc. 5,000 list of the fastest-growing private companies in the country.

The Inc. 5,000, an extension of Inc. magazine’s annual Inc. 500 list, catches many businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms. Taken as a whole, these companies represent the backbone of the U.S. economy with a combined revenue of $194.5 billion. 

“The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy – the entrepreneurial part,” said Inc. 5,000 Project Manager Jim Melloan. “The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like manufacturing and construction that are underreported in the business media.”

IBT Enterprises experienced three-year sales growth of 93 percent. Since IBT’s submission for the Inc. 5,000 list, the company acquired Design Build Concepts on August 10, 2007. The acquisition doubles the size of IBT and will provide financial services customers a complete continuum of design, build construction and consulting solutions.

“Our inclusion in the Inc. 5,000 is a testament to our hard-working team and the desire of financial institutions to create a unique and  high quality consumer experience,” said Mylle Mangum, CEO of IBT Enterprises. “With our acquisition of Design Build Concepts we expect our growth to continue to increase as we can offer our customers a greater portfolio of design build services.”

The 2007 Inc. 5,000, online at www.inc.com, reported median revenue of $9.4 million and median three-year growth of 140 percent. Complete information on this year’s Inc. 5,000, can be found at www.inc.com/inc5000. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management. In addition, the list is searchable according to numerous criteria, including industry, city, state, region, and year founded.

Hottest Industries for Fastest-Growing Businesses
The largest business category is Construction, with 561 of the fastest-growing companies in this category,  followed by Manufacturing with 515 companies, IT services in third with 466 companies, Business Services with 377 companies and Advertising & Marketing with 349 companies round out the top five industries ranked on the 2007 Inc. 5,000.

Industries reporting the highest total revenue in 2006 are construction ($27.1billion), manufacturing ($18.6 billion), health ($13.1 billion), computers and electronics ($12.7 billion), and financial services ($11.8 billion).

Methodology
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.

About Inc.com
Inc.com, the Daily Resource for Entrepreneurs, delivers advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses more successfully. Information and advice covering virtually every business and management task, including marketing, sales, finding capital, managing people can be found at www.inc.com.



"IBT helped us create an environment that is welcoming, engaging and distinctive. The feedback from our customers about the redesigned branch has been very positive and we are pleased to offer our community an exceptional banking experience."

Ricky Ray
CEO
Exchange Bank


Additional Resources

2008 IBT Market Pulse Survey - Building Green
Banking Strategies: Mission and Market Key to Branch Placement