Leading gift card exchange service also ranks No. 8 under Top 100 Consumer Products and Services Companies, and No. 6 under Top 100 Maryland Companies
ELLICOTT CITY, Md., Sept. 27, 2013 /PRNewswire/ — GiftCardRescue.com, a leading gift card exchange service, announced today it was ranked on the 2013 Inc. 500, an exclusive list of America's fastest-growing private companies. GiftCardRescue.com was ranked No. 151 overall, No. 8 on the Top 100 Consumer Products and Services Companies, and No. 6 on the Top 100 Maryland Companies. The list represents the most comprehensive look at the most important segment in the economy – America's privately held companies. GiftCardRescue.com joins LivingSocial, Edible Arrangements, CDW and Lifelock, among other prominent brands featured on this year's list.
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"We are honored to be included on this prestigious list of America's fastest-growing private companies. Our revenue growth confirms the increasing accessibility of the gift card exchange industry, as well as, consumers' desire to unlock the value of their unwanted gift cards and save money," said Founder and CEO, Kwame Kuadey. "This has been a tremendous year for the GiftCardRescue.com team; and we expect to continue our growth trajectory."
GiftCardRescue.com helps consumers unlock the value of their unwanted gift cards, as well as, save more money. Consumers can get up to 90% cash back for their unwanted gift cards and save up to 30% on discounted gift cards to over 450 major merchants. The three-year growth rate of 2,518% and 2012 revenue of $6.6 million directly reflect the company's growing popularity among consumers.
The 2013 Inc. 500, unveiled in the September issue of Inc. magazine, is the most competitive in the list's history. To be ranked on the list, companies had to achieve a minimum of 918.59% in sales growth over a three-year period. The companies on this year's list have a median three-year growth of 1,739% and aggregate revenue of $14.1 billion. They also employee over 52,100 people and have generated more than 44,912 jobs in the past three years. Complete results for the Inc. 500|5000, including company profiles and an interactive database can be found at www.inc.com/inc5000.
"Not all the companies in the Inc. 500|5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do. They are the hidden champions of job growth and innovation, the real muscle in the American economy," says Inc. Editor Eric Schurenberg.
CONTACT: Marketing Analyst, Carrie Brenner, at 1-877-800-4413 or email for additional information about GiftCardRescue.com.
More about the Inc. 500|5000
Methodology
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Inc.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visitwww.inc.com.
About GiftCardRescue.com
Based in Ellicott City, Maryland, GiftCardRescue.com is a leading gift card exchange site. This is the company's fifth year in the business. GiftCardRescue.com's main focus is helping consumers save more; offering up to 30% off on discounted gift cards to over 450 national merchants, as well as, up to 90% cash back for unwanted gift cards. GiftCardRescue.com guarantees all transactions and is backed up the best customer support team in the industry. For more information, visit www.giftcardrescue.com/about.