PITTSBURGH, August 18, 2009 – Five Star Development, Inc. announced today that Inc. Magazine once again ranked it as one of the top 5000 fastest-growing private companies in the United States. Five Star’s ranking of 3,319 was based on the company’s revenue growth of 76.5% over a three-year period beginning in 2005. This is the second consecutive year that Five Star has been recognized.
Joined by other American independent-minded organizations like consumer electronics maker Vizio, Internet giant GoDaddy, and rental car service Zipcar, Five Star is proud to represent Pittsburgh, Pennsylvania and the contributions that the city has made in revitalizing the economy. “We are excited and honored to be listed as an Inc. 5000 company. Receiving this distinction for a second straight year is a great accomplishment for our employees and clients.” – Lou Camerlengo, Five Star President and Co-Founder.
Five Star CEO/COO and Co-Founder, Dave Colaizzi commented “Research shows that the combined companies recognized on the fastest-growing list have generated over 1 million jobs since their founding. We are truly excited to bring some of that economic impact to where our employees live and work in Southwestern Pennsylvania, Central Ohio, and the San Francisco Bay Area.” Five Star’s award will be presented by Inc. Magazine during a ceremony in Washington, D.C. on Friday, September 25th.
About Five Star Development, Inc.
Five Star Development, Inc. enables clients to execute strategy by helping them achieve and sustain a high-performance organization. Five Star’s service delivery platform, Star Performance™, provides turnkey and customized solutions to optimize and integrate the Five Key Drivers of High-Performance™; focused and aligned leaders, skilled and motivated workforces, integrated talent management systems, enabling technologies, and continuous improvement.