Published:
Realty DataTrust Honored as One of Inc.'s Fastest Growing Private Companies
SCOTTSDALE, Ariz., Aug. 28 /PRNewswire/ -- Inc. ranked the apartment
industry's premier provider of online leasing solutions, Realty DataTrust, No.
687 in its annual ranking of the 5,000 fastest-growing private companies in
the country. The list is the most comprehensive look at the most important
segment of the economy -- America's independent-minded entrepreneurs. In two
notable subcategories of the Inc. 5000 list for 2008, Realty DataTrust ranked
No. 15 in the Top 100 Businesses inPhoenix-Mesa-Scottsdale, AZ and No. 46 in
the Top 100 Software Companies on the list.
Fueled by growth of nearly 500% over the last three years, this is the
first appearance for Realty DataTrust on this prestigious list. Buoyed by its
industry-leading check availability and reservation technology service for the
apartment industry, VaultWare(TM), Realty DataTrust boasts the largest online
distribution network for apartment inventory in the industry. Realty
DataTrust customers use the vast VaultWare network to help their online
renters gain access to important decision-making information such as current
apartment pricing, specials and availability as it relates to their moving
terms. The service also facilitates online pre-qualification, speeding the
application and leasing process for online prospects.
"Receiving this recognition from Inc. is an affirmation of our corporate
goals to improve the business of leasing apartments for property owners and
managers while helping consumers enjoy the best online experience," said Mike
Cornell, Chief Operating Officer for Realty DataTrust. "More importantly this
award is a tribute to the Real Estate Investment Trusts, apartment property
owners and managers who make up our base of customers and who believe in what
we were doing to create efficiencies for their leasing offices and for their
valued renters."
The 5000 companies that made the list reported aggregate revenue of $185
billion and median three-year growth of 147 percent. Most important, the 2008
Inc. 5000 companies were engines of job growth, having created more than
826,033 jobs since those companies were founded. Complete results of the Inc.
5000, including company profiles and a list of the fastest-growing companies
that can be sorted by industry and region can be found at
http://www.inc5000.com.
Methodology
The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007.
To qualify, companies must be U.S.-based and privately held, independent --
not subsidiaries or divisions of other companies -- as of December 31, 2007,
and have had at least $200,000 in revenue in 2004, and $2 million in 2007.
About Inc.com
Inc.com, the daily resource for entrepreneurs, delivers how-to guides,
advice, tools, breaking news, and rich multi-media to help business owners and
CEOs start, run, and grow their businesses. Inc.com offers dynamic marketing
solutions to help advertisers effectively reach Inc.com's audience of business
leaders. Visit http://www.inc.com.
About Realty DataTrust Corporation
Realty DataTrust Corporation, located inScottsdale, Arizona, offers
online leasing solutions for the multifamily housing industry that help
consumers reserve apartments online and decreases properties' vacancy rates.
Over 100 management companies throughoutthe United States, from small
property management companies to some of the country's largest real estate
investment trusts, use the award-winning VaultWare check availability and
reservation system. VaultWare lets consumers easily find and reserve an
available apartment while giving apartment management companies reservations
from highly-qualified prospects. PadZing.com, an apartment market trends
division by Realty DataTrust, gives apartment owners, marketing executives and
apartment brokers vacancy and rental rate data to help create forecasts,
compile customized data trends per geographic region and analyze trend data to
make daily business decisions. To learn more about Realty DataTrust, visit the
company's website at http://www.realtydatatrust.com.
SOURCE Realty DataTrust
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