Entrepreneur Magazine names Bridgeline Software in their Hot 500 for 2007
BURLINGTON, Mass., July 30, 2007 (GLOBE NEWSWIRE) -- Bridgeline Digital, Inc. (NASDAQ:BLIN), a provider in cloud-based Web Content Management, eCommerce and Marketing Automation software, announced that it has been named to Entrepreneur Magazine’s Hot 500 for 2007, the magazine’s annual ranking of America’s fastest growing businesses. Entrepreneur Magazine ranked Bridgeline Software as number 240 on the list of America’s fastest growing businesses."
Our significant growth over the last five years is a reflection of the hard work and dedication of our employees," said Thomas Massie, President and CEO. "We have great products, provide outstanding solutions, and have excellent customers."
Entrepreneur Magazine’s Hot 500 rankings are compiled with the help of Corporate Research Board, a research organization. Entrepreneur and CRB started with CRB's database of more than 19 million U.S. businesses and considered only those businesses that met the following criteria:
Must have been founded no earlier than 1998 and no later than 2002Company sales in 2002 must be $100,000 or greater; 2006 sales must not exceed $1 billion
Must have positive job growth between 2002 and 2006Must have a minimum level of sales growth or a sales growth quantifier of 1 or higher between 2002 and 2006; the growth quantifier is a measurement that combines percentage and absolute growth.
Only 95,000 businesses - or 0.5 percent of the 19 million businesses - met the above criteria. Entrepreneur then contacted the businesses with the greatest growth to confirm eligibility. To be eligible, the founder must be actively involved in the company, the company cannot be a spinoff or a division of a larger company, and company sales for 2006 must be at least $1 million. From this list, the Hot 500 was selected.
About Bridgeline Digital
Bridgeline Digital, The Digital Engagement Company™, helps customers maximize the performance of their full digital experience - from websites and intranets to online stores and campaigns. Bridgeline's Unbound (formerly iAPPS®) platform deeply integrates Web Content Management, eCommerce, eMarketing, Social Media management, and Web Analytics to help marketers deliver digital experiences that attract, engage, nurture and convert their customers across all channels. Headquartered in Burlington, Mass., Bridgeline has thousands of quality customers that range from small- and medium-sized organizations to Fortune 1000 companies. To learn more, please visit www.bridgeline.com or call (800) 603-9936.