Press Releases

SkyBitz Named to INC. 5000 for Fourth Consecutive Year

STERLING, Va. August 24, 2009 -- SkyBitz®, the leader in remote asset tracking and information management solutions, has been named to Inc. Magazine’s Inc. 5000 list, an exclusive ranking of the fastest-growing private companies in America. This is the company’s fourth consecutive year appearing on the list. Inc. Magazine is one of the nation’s premiere business publications. Companies were selected based on percentage revenue growth from 2006 to 2009.

“We are honored to have made the Inc. 5000 for four consecutive years,” SkyBitz Senior Vice President of Marketing and Business Development Craig Montgomery said. “Despite the worst recession since the great depression, we were able to continue to grow and innovate.  We are committed to our customers and delivering them the best technology solutions and service. This award shows that we share a prestigious pedigree with some of the most successful private companies in the United States and it has become the hallmark of entrepreneurial success.”

To qualify companies must have been founded and generating revenue by March 31, 2006. Additionally, a company must have been U.S.-based, privately held, for profit and independent. Revenue in 2006 must have been at least $100,000 with revenue of at least $2 million in 2009.

SkyBitz is widely recognized as a market leader for remote asset management in trucking in North America. The company continues to leverage its patented Global Locating System (GLS) technology while expanding internationally and across new verticals including construction and heavy equipment, intermodal, government, oil, gas and chemical industries.


About SkyBitz, Inc.
SkyBitz is a leader in global remote asset management solutions, providing real-time information on the location and status of assets. More than 700 enterprises rely on SkyBitz technology to achieve total asset visibility, improved security, lower operating and capital expenses, and enhanced customer service. SkyBitz delivers its solution via SkyBitz Insight, a secure web-based application that is fully customizable and requires no software downloads. SkyBitz is a privately held company backed by CIBC Capital Partners, Highstar Capital, Inverness Graham Investments, Motorola Ventures and ITV, a fund of Cordova Ventures. For additional information, visit www.skybitz.com or our company blog at www.skybitz.com/blog.