Promotional Products Company Achieved Record Sales,162 Percent Growth to be Named to Industry Top 40 and Fastest-Growing Lists
Online PR News – 19-May-2010 – – Boundless Network (http://www.boundlessnetwork.com) today announced it has been named to the Advertising Specialty Institute's (ASI) 2010 Fastest-Growing Distributors list. Annual revenues for Boundless Network grew 162 percent over a two-year period (2007 to 2009) to $32 million. In addition to this honor, Boundless Network was also included on ASI's Distributor Top 40 list for 2010, making the 5-year-old distributor the only company to be recognized on both lists.
"We are honored to be recognized by ASI as a top distributor," said Jason Black, Boundless Network founder and CEO. "Since day one, we've remained focused on building a company centered on innovation. As a result, we've been able to attract the industry's thought leaders and secure the types of customers any distributor would want. These efforts, along with the work of our outstanding corporate team, have lead to our rapid growth and success."
ASI's annual Fastest-Growing Distributors list ranks distributors based on two-year revenue growth. Out of an estimated 20,000 distributors, Boundless Network was ranked as No. 3 on the list. ASI's 2010 Distributor Top 40 list ranks distributors based on their 2009 revenue. Boundless was one of the youngest distributors to make the elite list and outpaced the average annual growth of the other distributors by more than 50 percent.
Founded in 2005, Boundless Network has grown to more than 140 sales professionals and recently expanded operations to Europe to service the global needs of its US customers. The company's enterprise accounts division experienced record success in the first quarter of 2010, reporting March 2010 as the best month of sales in Boundless Network history and announcing exclusive branded merchandise agreements with Gatti's Pizza, LifeCare and C.H. Robinson Worldwide. In 2009 the company announced exclusive agreements with global healthcare company CareFusion (NYSE: CFN), Motorola (NYSE: MOT), the Canadian Cancer Society and Maruyama.
About Boundless Network
Boundless Network is transforming the $20 billion promotional products industry through a highly trained, professional sales organization and proprietary technology that empowers companies to proactively manage their promotional spend. The company's patent-pending technology platform connects buyers across organizations to create efficiencies of scale and reduce the cost of branded merchandise by as much as 40 percent. Headquartered in Austin, Texas, Boundless Network is one of the fastest growing companies in the promotional products industry, with offices across the globe. Visit http://www.boundlessnetwork.com/join for more information.