(1888PressRelease)
September 12,
2009 - “On behalf of everyone at Tristar, I’m proud our company
has received this prestigious distinction from Inc. Magazine,” said
Keith Mirchandani, founder, president and CEO of Tristar Products.
“Since 1992, we’ve worked hard to serve
customers
, enabling Tristar to deliver a
consistently strong sales
performance
and solid growth.”
Among stars on the Inc. 5000 for 2009 are consumer electronics
maker Vizio, Internet giant GoDaddy, rental car service Zipcar and
beverage maker Honest Tea are among the prominent brands featured
on this year’s list.
“Savvy trend spotters and those who invest in private companies
know that the Inc. 5000 is the best place to find out about
young
companies
that are achieving success through a
wide variety of unprecedented business models, as well as older
private companies that are still expanding at an impressive rate,”
said Inc. 5000
project
manager
Jim Melloan. “That’s why our list is so
eagerly anticipated every year.”
In being named to the list, Tristar was cited for its 71.4% revenue
growth from 2005 to 2008. Revenue totaled $181.1 million in
2008.
Tristar Products, Inc., the manufacturer and marketer of numerous
consumer products including AbCoaster, AbRoller, Jack Lalanne Power
Juicer, Healthmaster Blender, Banjo Minnow and countless others,
has a presence in over 100 countries. The company has a well-earned
reputation for integrity and product quality. Products range from
home appliances, fitness equipment and sporting gear -- to health
and beauty programs endorsed by such celebrities as Jack LaLanne,
Montel Williams, Carol Alt, Denise Austin, Gilad Janklowicz, Brenda
DyGraff, Tiki and Ronde Barber, and Bruce and Chris Jenner.
About the Inc. 5000 and Methodology
Since debuting in 1991 with 100 pf the fastest-growing private U.S.
companies, then expanding the following year to the Inc. 500 and
again in 2007 to the Inc. 5000, the list has served as evidence of
the significant accomplishments of entrepreneurial companies. 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. Revenue in 2005 must have been at least $200,000, and revenue
in 2008 must have been at least $2 million. The top 10 percent of
companies on the list comprise the Inc. 500, now in its 28th
year.
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