Adaptik Named to Inc. 500/5000 Fastest Growing Companies
Adaptic Corporation, developer of highly adaptive policy administration software solutions, was named to Inc. Magazine's 500/5000 Fastest Growing Companies.

BETHLEHEM, PA, August 27, 2010 /24-7PressRelease/ -- Inc. magazine today ranked Adaptik Corporation number 1984 on its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents a comprehensive look at the most important segment of the economy—America's independent-minded entrepreneurs.

The 2010 Inc. 500/5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. Adaptik qualified, having grown 134% in the last three years, with a revenue totaling $10.8 million. This landed Adaptik at number 23 on the Inc. 500/5000's list of top insurance industry companies.

"We are excited to be included in the 2010 Inc. 500/5000," said John Pettit, president of Adaptik. "To be recognized on a national level is a testament to our hard work and vision to provide P&C insurance carriers with a policy administration software solution that meets their growing demand for flexibility and configurability."

The first truly adaptive policy administration solution on the market, PolicyWriter, is designed to dramatically increase speed to market for new insurance products, while reducing costs and driving ongoing flexibility into insurance carriers' operations.

"If you want to know which companies are going to change the world, look at the Inc. 500/5000," said Inc. editor Jane Berentson. "These are the most dynamic, fast-growth companies in the nation, the ones finding innovative solutions to problems, creating smart systems, and inventing products we soon discover we can't live without. The Inc. 500/5000 list is Inc. magazine's tribute to American business ingenuity and ambition."

Adaptik has been named to the Deloitte Technology Fast 500 and Deloitte Greater Philadelphia Fast 50 for two years running. Adaptik has also been listed as a Hot Tech Vendor to Watch by Forrester Research.


Media Contact:
Ms. Laura Ford
Adaptik Corporation
1495 Valley Center Parkway, Suite 120
Bethlehem, PA 18017
800.306.1062 ext. 109
lford@adaptik.com

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