ATLANTA--(BUSINESS WIRE)--VSoft Corporation, a global information and technology provider of process improvement solutions for financial institutions, announced today that it ranked on the Inc. 5000 list for the fifth consecutive year, and on the Software 500 ranking for the fourth consecutive year.
Inc. magazine’s list represents the most comprehensive look at the most important segment of the economy – America’s independent entrepreneurs. In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
The Software 500 is a revenue-based ranking of the world’s largest software and services suppliers, targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing. The 500 companies named total $541.5 billion in revenue worldwide for 2010, representing 10 percent growth from the previous year’s list. Like VSoft, 27 percent of the 2011 Software 500 companies are privately held.
“Being ranked on both the Inc. 5000 and the Software 500 for several years running is a great testament to VSoft’s continued growth and stability,” said Murthy Veeraghanta, chairman and managing director, VSoft Corporation. “We are grateful to have many trusted bank and credit union partners that have made VSoft what it is today. In return, we pledge our ongoing dedication to continually improving service, reducing cost and maximizing revenues for financial institutions.”
The 2011 Inc. 5000 list is featured in the September issue of Inc. and will be available on newsstands from August 23 to November 15 and also on Inc.com. The Software 500 list will be featured in the 2011 fall quarterly issue scheduled to be released at the end of September and also on Softwaremag.com.
About VSoft Corporation
VSoft Corporation offers core and payment-processing solutions that improve service, reduce cost and maximize efficiency for financial institutions. Its solutions provide seamless, real-time, high-volume and high-performance transactions across multiple channels and can be delivered in–house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions.
VSoft’s services have been trusted by more than 1,900 banks, credit unions and savings institutions, as well as transaction processors, governments, utilities, telecommunications and retail organizations worldwide. The company’s growth and stability has been recognized by inclusion in the Inc. 5000 list for five years running and featured in Bank Technology News’ 9th Annual Innovator Awards for CoreSoft, its core solution. For more information call 770-225-7692 or visit www.vsoftcorp.com.
Editor's Note: The correct usage of the company name, VSoft Corporation, is either referring to it as VSoft Corporation or VSoft, with both the "V" and the "S" capitalized.