Rich May News: 2004

October 25, 2004

RICH MAY Client Netspoke Ranks 143 on the 2004 Inc. 500 List

WOBURN, Mass., Oct. 20—Inc. Magazine, today released it’s 23rd annual Inc. 500 ranking of the fastest-growing private companies in the country. Integrated web and audio conferencing services provider and Rich May Client Netspoke ranks 123rd on the list, with four-year average annual sales growth of 218.1%.

“The best thing you can say about this year’s crop of Inc. 500 entrepreneurs is that they didn’t buy into the hype,” said Inc. Editor-in-Chief John Koten. “When people were practically giving away funding in the late 1990’s, these companies didn’t overextend, and when everyone hit the panic button a few years later, they stayed calm and seized the opportunity.”

The Inc. 500 ranks privately held companies according to averaged year-over-year sales growth over the past four years. With approximately 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.

To be eligible for this year’s Inc. 500, Companies had to be independent and privately held throughout their fiscal year 2003, have had at least $200,000 in net sales in the base year 1999 for Inc. 500 alumni and 2000 for new applicants, and $2 million in net sales for 2003. In addition, their 2003 sales had to exceed 2002 sales. Companies are ranked on average year-over-year sales growth. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.

About Netspoke
Netspoke delivers unified web and audio conferencing capabilities through its Conferencing Hub™. By combining this technology with traditional customer care services, Netspoke provides mid-market businesses with the communications tools to operate and grow as efficiently as global enterprises that have greater resources. Based in Woburn, Mass., the company has more that 3,000 customers that use its Netspoke Conferencing product as an affordable, yet complete conferencing for one-to-one or one-to-many collaboration. For more information, visit our website at www.netspoke.com or call (877) 611-2255.

About Rich May
Rich May’s diverse practice embraces the organization and operation of business ventures, venture capital, private placements, hedge funds, public offerings, technology licensing, mergers and acquisitions, contracts, joint ventures, internet and e-commerce law, employee relations, intellectual property, litigation and dispute resolution, energy, telecommunications, public utilities, wealth planning and real estate. Rich May provides superior legal and strategic counsel through its extraordinary commitment to clients’ success, outstanding professional competence and straightforward ability to communicate. Rich May embraces an entrepreneurial spirit and maintains a mission execution culture that distinguishes Rich May from other law firms.

Rich May combines the stability and experience of one of Boston’s oldest preeminent law firms with the innovative spirit and energy of a venture catalyst intensely focused on serving high-tech entrepreneurs, emerging companies and investors in New England and throughout the United States.

For more information, visit www.richmaylaw.com.

More News
2007   2006   2005   2004   2003   2002