Aug. 23, 2012
-- BioResource International Wins Inc. Magazine’s 2012 Inc. 500 Award
RESEARCH TRIANGLE PARK, NC (August 23, 2012) — Research Triangle-based biotechnology company BioResource International, Inc. (BRI) has been recognized as one of the fastest-growing private companies in the United States by Inc. magazine. In the magazine’s annual Inc. 500|5000 list, BRI was ranked #397 across all categories and #24 in the Business Products and Services category. To qualify for the Inc. 500 list in 2012, companies had to have achieved a minimum of 770% in sales growth over the past three years. BRI posted revenues of $12.7 million in 2011—achieving a revenue growth rate of 938% from 2008 to 2011.
“We are proud to share this award with all our customers, employees, and business partners who helped us reach this milestone,” said BRI CEO Giles Shih, adding, “we also appreciate all those who believed in our company’s vision and supported us from start-up, through the lean times and into rapid growth mode.”
According to the Inc. magazine website (www.inc.com)
, Inc. has been the premier print publication for entrepreneurs and business owners for more than 30 years. It introduced the Inc. 500 in 1982, then expanded the list to the Inc. 5000 in 2007 to help readers get a broader and deeper understanding of the entrepreneurial landscape, as well as to recognize a larger percentage of this important and growing market segment. “Growth companies, not large corporations, are where the action is,” said Inc. magazine editor Eric Schurenberg.
Shih will be attending the Inc. 500|5000 Conference and Awards Ceremony in Phoenix, AZ, from October 3-5, 2012. This annual event brings together the country’s brightest and most successful business minds as they celebrate the remarkable achievements of companies that have made it to the Inc. 500|5000. More information about and profiles of the 2012 Inc. 500|5000 companies are available on the Inc. 5000 website (www.inc.com/
BRI is a global biotechnology company that offers cost-effective solutions to promote animal nutrition and environmental responsibility worldwide. One of its breakthrough products is Versazyme®, a novel enzyme that increases profitability and reduces the environmental impact of animal production by improving the digestibility of animal feed.
CONTACT: GILES SHIH (919-993-3389);