WEST DES MOINES, IOWA, August 22, 2006 — GeoLearning, Inc., the leading provider of Managed Learning Services and hosted learning technology, announced today that it has been ranked on the Inc. 500 list of the fastest growing private companies in America for the third consecutive year. GeoLearning was ranked #467 on the 2006 list with a sales growth rate of 322.3% over the past three years.
The complete Inc. 500 list can be found in the September issue of Inc. Magazine, which appears on newsstands September 1.
“It is a great honor to make the Inc. 500 for three consecutive years,” said Frank Russell, president and CEO of GeoLearning.
“It is definitely a shared achievement made possible by dedicated employees, world-class customers and a unique business model that has been proven tremendously successful over time.”
GeoLearning’s Software as a Service model means its GeoMaestro and GeoExpress Learning Management System Suites are delivered entirely over the Internet. The Internet-hosted learning management platforms enable client organizations to capture, create, manage and share knowledge to improve workforce productivity, accelerate critical business processes, and drive organizational performance. The systems centralize and automate the entire learning management process, making the administration of enterprise learning and development both effective and efficient.
Russell attributes the company’s continued success to two core factors: “Our Software as a Service technology provision model eliminates all the headaches, hassles and risks associated with traditional enterprise hardware and software implementations. Once you help eliminate risk, pain and costs for clients, they are inclined to become very loyal customers. Earning their loyalty is what ultimately pushes us to be a great company.”
GeoLearning has been recognized with several awards in 2006, including being named to TrainingOutsourcing.com’s list of the “Top 20 Companies in the Training Outsourcing Industry” for the third year in a row; honored with four American Business Awards for “Best Overall Company,” “Best Customer Care Organization,” “Best Marketer” and “Best Specialty Advertising Campaign”; named “Technology Company of the Year” by the Technology Association of Iowa; and voted “Best Hosted Learning Management System” in the annual Best of E-Learning! Awards hosted by E-Learning! Magazine.
About the Inc. 500
Started in 1982, the Inc. 500 ranks the nation’s leading entrepreneurial firms according to sales growth over the previous four years. To be eligible for this year’s Inc. 500, companies had to be United States-based, independent and privately held and have had at least $600,000 in net sales in the base year of 2002. Companies are ranked on cumulative three-year sales growth from 2002 to 2005. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials. More information is available at www.inc.com.
About GeoLearning, Inc.
GeoLearning is the leading provider of Managed Learning Services and hosted learning technology. The company’s products and services are used by corporations, government agencies and
non-profit organizations to manage human capital development, accelerate critical business processes and drive organizational performance. GeoLearning’s Software-as-a-Service model means there is no hardware or software for clients to install. As a result, the company’s Web-based GeoMaestro and GeoExpress learning management platforms can be deployed quickly, allowing clients to efficiently manage enterprise-wide learning, development and knowledge acquisition. Additional information is available at www.geolearning.com.