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NETWORK PRESENCE RANKED 371ST FASTEST-GROWING PRIVATE COMPANY IN THE US ON THE 2003 INC. MAGAZINE INC. 500

Contact: Jack Keane
Network Presence
(310) 216-6850 x 12
netpr.com
www.netpr.com


Los Angeles, CA., February 25, 2004 - Network Presence, a leader in enterprise security solutions, today announced that it listed Number 371 on the 2003 Inc. 500, a ranking of the 500 fastest-growing private companies in the country. Rankings are based on average percentage revenue growth over five years, from 1998 to 2002. Network Presence grew by 589 percent during this period. The companies that made this list have thrived through continued stagnation in the economy, posting an average five-year sales growth of 1,312%. With aggregate revenue of $14.4 billion, Inc. 500 companies are a formidable market force.

"I'm very proud of the growth we've achieved - and to be recognized for it in such a prestigious magazine as Inc. is icing on the cake." said Network Presence President Stan Borinski. "We've continually improved our service and product offerings while increasing the size of our sales team. Both of these things helped us grow out of the rough economies of the past into the strong security market we see today. The commitment and expertise of our engineering and sales teams will keep us growing in the years to come."

"The entrepreneurs you'll find on the Inc. 500 have the type of attitude we need to get this economy moving again," said Inc. editor-in-chief John Koten. "For them, a tough market is not an excuse for poor performance, but an opportunity to innovate and rise above the competition."

Inc. 500 Selection and Qualifications
This year's Inc. 500 list is the 22nd annual ranking of the 500 fastest-growing private companies in the United States. Inc. Magazine approached more than 20,000 likely candidates in choosing this year's roster of 500, and, as always, openly invited any other company that believed it might be qualified to apply. To be eligible for the list a company had to:

  • Be an independent, privately held corporation, proprietorship, or partnership. Regulated banks and most holding companies were excluded, as were franchises
  • Have had sales of at least $200,000 in 1998 and at least six months of operations
  • Have had an increase in 2002 sales over 2001 sales

The Inc. 500 ranks privately held companies according to sales growth over the past five years. With 75% of all new job creation in the U.S. coming from small businesses, the Inc. 500 is a prescient indicator of the companies and industries that are driving the economy forward. Over the years, the Inc. 500 has identified the next generation of world-class companies, with Microsoft, Stonyfield Farms, Timberland, Oracle, Princeton Review, Morningstar, E* Trade, Intuit and Domino's Pizza all appearing on the list before they became industry powerhouses.

About Network Presence
Network Presence is a leading provider of cost-effective, end-to-end security solutions including network assessments, penetration testing, security product integration, and managed services. Network Presence combines leading-edge, robust security technology such as Check Point Software and Nokia with custom designed penetration and management tools, project management expertise and high-quality service. From initial engagement planning and custom, site-specific considerations, to consistent updates and real-time project awareness, through final analysis and reporting, Network Presence provides the services and technologies critical to maintaining a secure network.

Founded in 1997, Network Presence consultants are recognized as the technology industry's most skilled and knowledgeable architects of security design, training, and risk assessment. The expertise of Network Presence's senior staff allows the company to draw on extensive internal resources to provide clients with a tailored approach to problem solving. It is this unique team-based approach and in-depth understanding of the technology that distinguishes Network Presence as the market leader. As such, Network Presence is the preferred information security provider to many Global 1000 companies, hospitals, government and intelligence agencies, banks, universities, entertainment entities, and major insurance providers. To contact Network Presence please call (310) 216-6850 or email netpr.com.

About Inc.
Inc., the only business magazine dedicated exclusively to owners and managers of fast-growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing and technology. Inc. is the premier publication that focuses on small-to-medium size businesses, which are responsible for more than half the nation's gross domestic product and 75% of its new jobs. And Inc. looks beyond work to address the entrepreneurial lifestyle. Inc., a Gruner + Jahr USA publication, inspires and informs, with cutting edge coverage that reflects our readers' energy, brashness and imagination.

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