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CR Software LLC, based in Fairfax, Va., was named to Inc. magazine's third annual list of America's fastest-growing private companies. The list of 5,000 companies reviews "America's independent-minded entrepreneurs."
Warren Dedrick, chairman at CR Software, says, "CR Software has achieved two breakthroughs in the last few years. The biggest was the creation of our flagship product, Titanium ORE Software, which provides a true end-to-end solution for managing client and debtor relationships. Our second breakthrough was understanding that we as a company have the capacity to make a difference."
Dedrick adds that while the company's software products are "technologically advanced we still needed to promote growth for our customers through information, technical assistance, research and education. Our focus was to bring attention to and foster solutions for our customers."
The 2009 Inc. 5000, released at Inc.com, serves as a report card on the U.S. economy. Despite the recession, aggregate revenue among the companies on the list increased to $214 billion, up $29 billion from the previous year, with a median three-year growth rate of 126%.
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.
