|By Marketwired .||
|August 20, 2013 02:56 PM EDT||
LISLE, IL -- (Marketwired) -- 08/20/13 -- Lextech (www.lextech.com), a company that develops enterprise mobile apps that reinvent the way people work and generate billions of dollars for clients in both cost savings and revenue potential, today announced it is ranked #1147 on the 32nd annual Inc. 500|5000, a prestigious list of the fastest-growing private companies in America. This marks Lextech's debut on the list, which ranks companies according to the highest percentage growth in revenue over the past three years.
Lextech's three-year growth rate was 365 percent, which ranks the company among the top 100 software companies on the list. Lextech client CDW also made the Inc. 500|5000 list.
Lextech evaluates business workflows to identify and build apps that improve processes and make the complex simple. Lextech customers include mid-market to Fortune 500 businesses like Sonic Automotive, CDW, Johnson Controls and H&R Block.
"Businesses are realizing that mobile apps are powerful tools that can help them generate a lot of new revenue, as well as save significant time, money and resources by simplifying workflows," said Alex Bratton, CEO and chief geek at Lextech. "With a return on app of more than $5,000 per user, our apps have played an important role in companies that continue to cut costs, seek efficiencies and differentiate themselves with an outstanding customer experience."
The Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2013. Companies must be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2012.
Lextech is a mobile app development company that evaluates business workflows to identify and build apps that improve processes and make the complex simple. Lextech has designed and developed apps for companies in various industries, including logistics, manufacturing, financial services and retail. Founded in 2001, Lextech is headquartered in Lisle, Ill. and has offices in Chicago and Champaign-Urbana. More information is available at www.lextech.com or on Twitter @LextechApps.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.