Press Releases

Project Assistants, Inc. Ranked # 257 on the Inc. 500 List of America’s Fastest Growing Private Companiese

Wilmington, DE (October 14, 2003) – Project Assistants announced today that it has been selected for Inc. Magazine’s 23rd annual Inc. 500. The Inc. 500 ranks privately held companies according to sales growth over the past five years. 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.

“We are honored to be recognized as one of the fastest growing companies in America,” said Project Assistants’ President and CEO, Gus Cicala. “This accomplishment is a direct reflection on the quality of talent in our organization that has been cultivated over the past couple years.”

“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.”

“I am incredibly proud of our team,” noted Mr. Cicala, “I think what sets Project Assistants apart from the rest of the pack is not just that we have an organization full of dedicated project management experts or that we have more than tripled sales in the past two years. It’s that we have been a profitable company since the day we first opened our doors in 1996.”

To be eligible for this year’s Inc. 500, companies had to be independent and privately held through their fiscal year 2002, have had at least $200,000 in sales in the base year of 1998, and their 2002 sales had to exceed 2001 sales. Inc. verifies all information using tax forms and financial statements from certified public accountants and by conducting interviews with company officials.

Project Assistants was founded in 1996 and is headquartered in Wilmington, DE with offices nationwide. Project Assistants offers project management solutions that include custom software, project management products, consulting, and training. Our consulting team averages over 20 years of project management and related business leadership experience, including a significant number of published authors of the leading Microsoft Project and other project management publications.

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.

For additional information about Project Assistants, please contact Ezra Snyder of Project Assistants at 425.577.1906 or . esnyder@projectassistants.com

For additional information about Inc. Magazine, please contact Diane Stefani of The Rosen Group at 212.255.8455 ext. 27 or . diane@rosengrouppr.com