Steadfast Networks on Prestigious Inc. 5000 List for 3rd Straight Year

Chicago, IL Aug. 30, 2010 -- Steadfast Networks, a leading Chicago based data center and dedicated server hosting provider, announced today its #1359 ranking on the Inc. 5000 list, a list published by Inc. Magazine featuring America’s fastest-growing private companies. The Inc. 5000 list ranks private companies according to highest growth in terms of revenue over a three-year period, from 2006 – 2009. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs. Music website Pandora, convenience store chain 7-Eleven, Brooklyn Brewery, and Radio Flyer, maker of the iconic children’s red wagon, are among the other prominent brands featured on this year’s list. “The leaders of 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 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.” "Since our inception in 1998, we have always focused on providing the best service possible for the price," said Karl Zimmerman, CEO of Steadfast Networks. "At Steadfast Networks, our focus has always been based on value; not providing the cheapest service, but providing a high quality dedicated server hosting service where customers can feel appreciated at a reasonable rate. This model has allowed us to keep up consistent growth even during this tough economic times" Over the past three years, 2006-2009, Steadfast Networks has maintained 215% growth. This is the third year in a row that Steadfast Networks has been on the Inc. 5000 list, having been ranked 370 in 2008 and 630 in 2009. This continued growth has been sustained organically, with no outside investment, while continuing to improve the service offerings and level of service provided to their customers, which include major Chicago institutions such as the Chicago Reader, the Museum of Science and Industry, the Museum of Broadcast Communications, and the MacArthur Foundation. "To continue our growth, we have expanded our services out of the New York metro area through our acquisition of The New York NOC, opened a brand new data center facility and office at 725 S Wells St. in downtown Chicago, and are now entering the financial networks market by offering market data services and consulting service to financial and trading firms" said Zimmerman. "To further enhance our hosting services, we have extended our network to San Jose, Ashburn, London, and Amsterdam to improve our international connectivity and peering relationships." In addition to ranking #1359 in the Inc. 5000 list, Steadfast Networks has achieved the #51 ranking in the Chicago metro area. The company’s business model was developed specifically to help companies get a better handle on their IT needs by providing a reliable and complete solution that can easily scale when customers require more space and bandwidth. By allowing companies to outsource their IT load and data center needs, Steadfast Networks has been increasing the efficiency and responsiveness of their customer’s IT staff while reducing their overhead. "At Steadfast Networks, we believe that when you choose a company that demonstrates consistent and steady growth since inception, you receive additional benefits knowing that your equipment and data is being hosted and maintained by a hosting provider that will be here today, tomorrow, and well into the future," said Zimmerman. "Additionally, a company like Steadfast Networks has proven that we can grow quickly and consistently while maintaining our high levels of support and personal service." Steadfast Networks’ Inc. 5000 list profile including ranking and revenue growth information can be found at http://www.inc.com/inc5000/profile/steadfast-networks. About Inc. Magazine Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com. About Steadfast Networks Established in 1998, Chicago based hosting company Steadfast Networks, delivers high quality, powerful servers through reliable dedicated server hosting, colocation server hosting, virtual private servers, shared web hosting, and dedicated game server hosting. Steadfast's award-winning services and dedicated support staff help customers from all over the world 24/7/365. Customers can choose basic hosting or a customized, fully managed dedicated server hosting solution. To learn more about Steadfast Networks, visit http://www.steadfast.net.