Merrick Systems Joins 2009 Inc. 5000 List
HOUSTON – August 19, 2009 – Merrick Systems, a market leader in industrial information technology for the oil and gas industry, was recognized as one of the fastest-growing private companies in America by Inc Magazine, in its 2009 Inc. 5000 list. According to the list, Merrick is the 2,139th fastest growing privately-owned enterprise in the nation, based on revenue growth. This year’s ranking marks Merrick’s third consecutive year to be named to the list.
“Merrick is excited to be included again in the prestigious Inc. 5000 list” stated Kemal Farid, Co-Founder and CEO of Merrick Systems. “Facing global economic turmoil, Merrick managed to maintain its high growth and improve its positioning in the list – an accomplishment we attribute to our loyal clients, dedicated staff and commitment to deliver best-of-breed innovative technology solutions. Merrick is committed to furthering its efforts to help oil and gas companies meet future industry challenges and advance toward the realization of a digital oilfield.”
For more information on Merrick Systems please visit www.MerrickSystems.com.
About Merrick Systems, Inc.
Merrick Systems is an established market leader in information technology for the oil and gas industry, providing innovative software, hardware and professional services to address production operations, engineering and asset management. Merrick’s integrated applications include real-time surveillance and optimization; field operations management; field data capture; hydrocarbon production accounting; mobile computing for field and drilling operations; engineering workflow orchestration and ruggedized RFID for drilling and asset management. To learn more about Merrick, visit www.MerrickSystems.com.
About the Inc. 5000 List
The Inc. 500|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 (a number of companies on the list have gone public or been acquired since that date). Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million.