HOUSTON, TX–(Marketwired – Aug 27, 2013) – Inc. magazine today ranked MicroSeismic, Inc. (MicroSeismic) no. 1178 on its seventh annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing privately held companies. The list represents the most comprehensive look at the most important segment of the economy — America’s middle market companies. MicroSeismic joins YouSendIt, CDW and Lifelock, among other prominent brands featured on this year’s list.
Within the Inc. 5000 list, MicroSeismic ranked 45th among the Top 100 Energy companies and 22nd within the Houston, TX metro area.
MicroSeismic Founder and CEO Peter M. Duncan Ph.D. said, “What an honor to make this prestigious list. It’s hard to grasp that ten years have already flown by and that we’ve accomplished so much in such a short period of time. The future for the company is focused on continually pushing the envelope on hydraulic fracture monitoring and microseismic-based completions evaluation solutions.”
In a stagnant economic environment, median growth rate of 2013 Inc. 5000 companies is an impressive 142 percent. The companies on this year’s list report having created over 520,000 jobs in the past three years, and aggregate revenue among the honorees reached $241 billion.