DataArt Named to 2011 Inc. 5000 List of Fastest Growing Private Companies

NEW YORK – August, 31, 2011DataArt, a custom software development firm that builds advanced solutions for select industries, today announced that Inc. Magazine has ranked the company #215 in the Software Industry category of its annual list of the nation’s top private companies. DataArt’s Inc. 5000 status reflects the company’s strong continued global expansion, including three year revenue growth of sixty-five percent.

Inc. 5000 recognizes the top technology innovators, showcasing year-to-year organizational and revenue growth and industry presence. This year’s honorees have created over 370,000 US jobs in the last three years, and their aggregate revenue reached $366 billion, up 14 percent from last year.

"The companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. president Bob LaPointe. "The 2011 Inc. 5000 showcases a particularly hardy group of entrepreneurs."

“We are honored to be named to the prestigious Inc. 5000 list for the second consecutive year,” said Eugene Goland, President of DataArt. “Our consistent growth is a testament to our deep industry expertise and commitment to delivering the most cutting-edge custom applications, unmatched technical talent, and demonstrable ROI for global blue chip clients available today.”

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on www.inc.com/5000.

About DataArt

DataArt (www.dataart.com) is a custom software development firm that builds advanced solutions for the financial services, healthcare, hospitality and other industries. Combining domain knowledge with offshore cost advantages and resource flexibility, DataArt develops industry-defining applications, helping clients optimize time-to-market and minimize software development risks in mission-critical systems. With an unrivaled talent pool of highly skilled software engineers in New York, London, Russia and Ukraine, DataArt provides the technical skill, accountability and industry knowledge needed to deliver custom applications on time and on budget.

DataArt clients include Standard & Poor’s, Harmonic Fund Services, Ogilvy, artnet, Panasonic, Cancer Research, Charles River Laboratories, Betfair, Misys, leading asset management firms and three of the top ten investment banks.

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Media Contact:
Vica Vinogradova
+1-212-378-4108 x. 4014
vica@dataart.com