Fleet Management Solutions (FMS) Ranks in the Top 250 on the 2007 Inc. 500 With Three-Year Sales Growth of More Than 1,000%

NEW YORK, Aug. 29 /PRNewswire/ -- Inc. magazine today ranked Fleet Management Solutions (FMS) No. 232 on its 26th annual Inc. 500 list of the fastest-growing private companies in the U.S. "If you want to find out which companies are going...


NEW YORK, Aug. 29 /PRNewswire/ -- Inc. magazine today ranked Fleet Management Solutions (FMS) No. 232 on its 26th annual Inc. 500 list of the fastest-growing private companies in the U.S.

"If you want to find out which companies are going to change the world, look at the Inc. 500," said Inc. Editor Jane Berentson . "These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition," continued Berentson.

Fleet Management Solutions (FMS) provides end-to-end mobile resource management solutions via GPS and All-Satellite technology. The company has more than 400 customers in 50 countries with fleets ranging from 10 assets to more than 1,000. Customers of FMS include DHL Worldwide, Alcoa, Exelon, Mastec, Wackenhut, PEMEX, Holland America, Department of Defense, Pioneer Natural Resources and Halliburton.

"FMS is honored to be recognized as one of the fastest growing private companies in the USA. Obtaining a rank in the top 50% of the 2007 Inc. 500 came as a very pleasant surprise," stated Cliff Henley , CEO of FMS. "Like most honorees, FMS did not set out to make a list such as this one, as we were, and still are focused on growing the business and executing on our model 24/7/365. This type of recognition and reward is simply a result of a dedicated team, all of which are champions in their field and true evangelists of FMS," continued Henley.

The 2007 Inc. 500, as revealed in the September issue of Inc. magazine reported aggregate revenue of $16 billion and median three-year growth of 939 percent. Most important, the 2007 Inc. 500 companies were engines of job growth, having created more than 64,064 jobs since those companies were founded.

Complete information on this year's Inc. 500, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at http://www.inc.com/inc5000.

About Fleet Management Solutions:

Fleet Management Solutions, Inc. (FMS) provides complete fixed and mobile asset tracking and management solutions to Oil and Gas, Government and Military, Service and Delivery, Marine and Offshore, Trucking and Transportation, Heavy Equipment, and Bus and Motorcoach industries. Combining GPS technology with two-way satellite communications, FMS delivers turnkey solutions which provide customers with measurable improvements in asset utilization, safety and security, and labor productivity while reducing the risk of theft and cost of recovery. Founded in 2002, FMS is headquartered in San Luis Obispo, Calif., and has customers and distribution partners in more than 50 countries worldwide. For more information, visit the FMS website at http://www.fmsgps.com.

About Inc. magazine:

Founded in 1979 and acquired in 2005 by Mansueto Ventures, LLC, Inc. magazine (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 681,421, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.

SOURCE Fleet Management Solutions, Inc.