Press Release



Nexius Ranked 103rd Fastest Growing U.S. Business for 2007, 16th Among Technology Companies

August 8, 2007

HERNDON, VANexius, Inc. was recently rated the 103rd fastest growing business in America by Entrepreneur Magazine’s 13th Annual “Hot 500” list (http://www.entrepreneur.com/hot500), appearing in the August 2007 issue of the publication. Based on the rankings, Nexius is 16th among technology companies in the U.S. In partnership with the Corporate Research Board, Entrepreneur’s “Hot 500” is chosen from a database of more than 19 million U.S. businesses.

“Nexius is very excited about this selection, a great testimony of our management team’s ongoing drive for innovation and our hard work over the last five years,” said Ned Taleb, Nexius president and CEO. Taleb further noted that, “Nexius’ continued growth is fueled by our dedicated emphasis on providing increased support and offerings to our existing base of clients, the commercial release of our latest operational support system tool Xplore and a range of other product lines, as well as our geographical expansion internationally.”

Nexius offers consulting services in strategy, RF/network engineering and operations, OSS, as well as custom product applications. The company places a premium on loyalty to its customers, and it aims to enhance its capabilities in delivering turnkey engineering projects. Entrepreneur’s top ranking is evidence of Nexius’ commitment to offering innovative products and delivering superior quality services to wireless operators.

Demonstrating Nexius’ dynamic growth, revenues have increased more than tenfold from 2002 to 2006 and the company, which launched in 2001 with just two employees, now employs over 250 employees. Nexius’ first office opened in the Washington metro area, but operations have since ramped up in many regional U.S. offices and international offices.

The “Hot 500” list is based on businesses meeting a number of eligibility criteria, including founding date, company revenues, and positive job and sales growth. Only 95,000 businesses from the initial list of 19 million qualified under these parameters.

 

For press and media inquiries, please contact:
Jim Casey
jim.casey@nexius.com
703-650-7777