JERSEY CITY, N.J., Nov. 15, 2011 /PRNewswire/ -- Datapipe, a leading provider of managed services and infrastructure for outsourced IT and cloud computing, has been named one of New Jersey's 2011 Fifty Fastest Growing Companies for the fourth consecutive year. The award program, produced by NJBIZ, New Jersey's premier business news publication, celebrates New Jersey's most dynamic companies who progressively contribute to the success of the state's economic growth and stability.
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To qualify, companies had to meet selection criteria that included a revenue size of at least $500,000 within the past three out of four years and growth in revenue over a four year period, dating from fiscal year 2007 to 2010.
"We are truly fortunate to have the opportunity to recognize these outstanding companies for their successful business growth," said Thomas Curtin, publisher of NJBIZ. "On behalf of NJBIZ, we would like to thank and congratulate these fifty companies for helping to make our state a truly vibrant place to do business."
Datapipe projects that its growth in 2011 will equal that of 2009 & 2010 combined. The company has aggressively expanded to meet growing global demand for its services, recently completing significant data center expansions in New Jersey, Silicon Valley, London & Hong Kong and announced a new green data center in Iceland.
"Datapipe is honored to be a part of this distinguished list of businesses that are creating jobs and economic opportunity in New Jersey," said Robb Allen, Datapipe CEO.
Presenting sponsor, Rothstein Kass, calculated the nominations and then ranked the companies according to revenue growth over the four-year period. Both dollar and percentage increases were taken into consideration.
NJBIZ and the program sponsors honored Datapipe and the additional companies by announcing the rankings during an awards dinner and ceremony on Monday, November 14, 2011 at the Palace at Somerset Park in Somerset, N.J. Datapipe will also be included in a special supplement to NJBIZ on November 21, 2011.
For more information about the NJBIZ 50 Fastest Growing Companies awards program or to view the full list of award winners, please visit www.njbiz.com/events.
About Datapipe
Datapipe offers a single provider solution for managing and securing mission-critical IT services, including cloud computing, infrastructure as a service, platform as a service, colocation and data centers. Datapipe delivers those services from the world's most influential technical and financial markets including New York metro, Silicon Valley, London, Hong Kong and Shanghai. For more information about Datapipe visit www.datapipe.com or call (888) 749-5821.
SOURCE Datapipe
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