News and Press Releases (2009)
Miko Group is honored by Inc. 5000 for second year in a row (Monday, September 14, 2009)
CONTACT: Miko Group, Inc., 1(877)645-6477, Mark Morton mark.morton@mikogroup.com
Inc. Magazine Unveils Exclusive List of
America’s Fastest-Growing Private Companies—the Inc. 5000
Miko Group, Inc. Ranks No. 3893 on the 2009 Inc. 5000
with Three-Year Sales Growth of 55.4%
NEW YORK, August 12, 2009 -- Inc. magazine today ranked Miko Group, Inc. NO. 3893 on its third annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs. Consumer electronics maker Vizio, Internet giant GoDaddy, rental car service Zipcar, and beverage maker Honest Tea are among the prominent brands featured on this year's list.
“Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate,” said Inc. 5000 project manager Jim Melloan. “That’s why our list is so eagerly anticipated every year.”
The 2009 Inc. 5000, unveiled today on Inc.com, serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.
This year’s list also offers a preview of which industries are poised for growth in coming years. With an average growth rate of 667 percent, Insurance ranked as the top industry overall. Government Services was the top industry gainer with 252 companies on this year’s list, up from 135 last year. Health is the top industry by both total revenue ($22.7 billion) and total employment (156,223 jobs).
The Hottest Regions for Fast-Growing Companies
Once again, California tops the Inc. 5000 with the most companies of any state with 612. The Golden State is followed by Texas (393), New York (316), Florida (263), and Virginia (261). All 50 states, plus Washington, D.C., and Puerto Rico, are represented on this year’s list.
New York boasts 371 Inc. 5000 companies, making it the top metropolitan area, followed by Washington, D.C. (317), Los Angeles (253), Atlanta (209), and Chicago (203).
The Inc. 5000 at a Glance
Bolstered by this year's No. 1 company, Northern Capital Insurance, Insurance emerged as the top industry, with an average growth rate of 667 percent. Other strong performers include Energy (523 percent) and Government Services (491 percent).
In total, the companies on the Inc. 5000 have created more than 1 million jobs. Health is the top employer with 156,223 jobs, followed by Business Products & Services (122,911), IT Services (89,632), Food & Beverage (86,572), and Construction (65,494).
IT Services had the most companies on this year’s list with 658, followed by Business Products & Services (502), Advertising & Marketing (398), Construction (354), and Manufacturing (342).
Topping this year’s list is Northern Capital Insurance, a Miami-based firm that is helping to revolutionize Florida’s ailing insurance industry. The company generated $95 million in revenue in 2008 and an impressive three-year growth rate of 19,812 percent.
The top woman-owned company is P3S (No. 17 overall), a San Antonio–based firm that provides IT network security and physical security services, mostly to the Defense Department. P3S, owned by Mary Ellen Trevino, recorded revenue of $13.5 million in 2008 and a three-year growth rate of 5,898 percent. The top minority-owned company is Harley Stanfield (No. 3 overall), a Washington, D.C.–based real estate investment firm that buys existing properties, makes them energy efficient, and then resells them as investment properties. Harley Stanfield, founded by Cedric Franklin, posted revenue of $38.4 million in 2008 and a three-year growth rate of 13,350 percent.
The Inc. 5000 posted an aggregate revenue of $214 billion in 2008, up nearly 16 percent from the previous year. The top five industries by total revenue include Health ($22.7 billion), Business Products & Services ($19.6 billion), Construction ($18.8 billion), Energy ($14.7 billion), and IT Services ($13.2 billion).
Methodology
The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.
About Inc. Magazine
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 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.
About the Inc. 500|5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. 5000 community, both a new class of Inc. 5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 23–25, 2009, at the Gaylord National Resort and Convention Center in National Harbor, Maryland. For more information about the 2009 Inc. 500|5000 Conference & Awards Ceremony, and to register, visit www.Inc5000event.com. Stay connected with Inc. Events by following @IncEvents on Twitter.
Miko Group Shows Support for Oklahoma's Walk Now for Autism (Friday, June 12, 2009)
NORMAN, OK, June 6, 2009: Eighteen employees, friends and family of Miko Group Inc. recently took part in the annual Oklahoma Walk Now for Autism Saturday, June 6th at the AT&T Bricktown Ballpark in downtown Oklahoma City. Together the group helped raise $1,200 in donations to contribute to the cause.
Sponsored by Autism Speaks, the nation’s leading nonprofit autism organization, this year’s event has so far drawn in over $136,000 from varied donors in an effort to promote autism awareness and help raise vital funds for research to combat the complex disorder. Walk Now for Autism is the nation’s largest grassroots autism walk program and is Autism Speaks’ signature fundraising and awareness event. Oklahoma City’s walk is part of the global Walk Now for Autism Campaign in numerous communities across the United States, as well as in Canada and the United Kingdom, which has generated over $10.9 million in worldwide donations so far in 2009.
Thousands of individuals came out to show their support for the walk, which included families, corporate teams and individual participants. The one-mile walk began outside the stadium at the intersection of Mickey Mantle and Reno Avenue and headed eastbound before circling back through the Bricktown corridor. Oklahoma Congresswoman Mary Fallin was named honorary chair of the 2009 Walk.
Autism is a complex neurobiological disorder that typically lasts throughout a person's lifetime. It is part of a group of disorders known as autism spectrum disorders (ASD). Today, 1 in 150 individuals is diagnosed with autism, making it more common than pediatric cancer, diabetes, and AIDS combined. The condition occurs in all racial, ethnic, and social groups and is four times more likely to strike boys than girls. Autism impairs a person's ability to communicate and relate to others and is associated with rigid routines and repetitive behaviors, such as obsessively arranging objects or following very specific routines. Symptoms can range from very mild to quite severe.
To learn more about Autism Speaks, 2009 Walk Now for Autism or ASD please visit: http://www.autismspeaks.org or www.walknowforautism.org. Any additional questions or comments may be emailed to Oklahoma@autismspeaks.org or please call (720) 879-1870.
Miko Group, Inc. Awarded GSA Federal Supply Schedule Contract (Wednesday, May 20, 2009)
NORMAN, OK, May 20, 2009: Miko Group Inc. of Norman, Oklahoma has been selected as a U.S. General Services Administration (GSA) Schedules contractor for the initial five-year contract period of May 20, 2009 through May 19, 2014. Under the GSA Schedules (also known as Multiple Award Schedules and Federal Supply Schedules) Program , long-term government-wide contracts are established with qualified commercial vendors to provide Federal employees and agencies with direct access to over 11 million supplies, products and services that can be ordered directly through the GSA Advantage!® online shopping and ordering system.
With vast experience in providing advanced project management solutions and related client services, Miko will focus its core abilities to supplement the comprehensive logistics solutions offered by GSA’s LOGWORLD Schedule of service offerings. LOGWORLD is intended to provide Federal agencies and employees with a fast, efficient and value-driven means of managing their logistics needs. This contract vehicle provides clients with services spanning all aspects of logistics, including supply and value chain management, acquisition, distribution and transportation, deployment, and training.
For more information regarding the U.S. General Services Administration or how to order from Federal Supply Schedules, please visit the GSA Schedules home page at: http://www.gsa.gov/schedules.
For additional information about GSA’s online shopping and ordering system address for GSA Advantage! ® please visit: http://www.gsaadvantage.gov.
Miko Group Gets Creative in Norman "On My Own Time" Employee Art Show (Friday, March 6, 2009)
NORMAN, OK, March 6, 2009: This spring, employees from Norman-based Miko Group Inc. along with other local area businesses, will participate in the On My Own Time (OMOT) employee art show sponsored by the city chamber’s Business and the Arts Committee.
The annual city-wide exhibition, being held April 13th through May 8th will showcase employee-produced visual art pieces across nine categories: canvas, works on paper, color photography, black and white photography, sculpture, multi-materials, jewelry, textiles and computer art. There will be both amateur and advanced divisions for each category with registration fees $100 for businesses with 50 or more employees, $50 for businesses with one to 50 employees, and $25 for non-profit organizations. Encouraging participation in the event, Miko is covering all registration costs for its employees. Spouses are also eligible to participate.
“It’s a great opportunity to show my art and to show my heart. It gives me a chance to make my company proud by getting something out there and doing something that speaks for what this company strives to do by sharing with the community,” said Miko Graphic Design Artist John Whitfield. “As a native of Oklahoma City, I am excited at this opportunity to show my art with a new area of Oklahoma.”
Miko, along with other participating organizations, will host an in-house show April 13-24 with jurors making rounds at each site to judge finalists. Each in-house finalist selected will qualify to have their art displayed in a city-wide exhibit at Sooner Fashion Mall April 27-May 8.
Miko Event Manager Renae Carmack, who entered the contest last year, is anticipating this year’s event.
“The coolest part was seeing everyone else’s art. Just to see the talent that came out of our office was amazing. We set up easels in the lobby and put everything on display for the judges. It was a lot of fun seeing what was brought forth,” said Carmack.
Other current participants in this year’s show include: The City of Norman, Moore-Norman Technology Center, Norman Public Schools, Norman Regional Health Systems, Republic Bank and Trust.
Additional information about Norman’s On My Own Time art show can be obtained by calling Katie Merrick at (405) 321-7260 or via e-mail at katie.merrick@normanchamber.com.
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