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NEW YORK, August 23, 2007 – Inc. today ranked Fuel Belt, Inc. on its first-ever Inc. 5,000 list of the
fastest-growing private companies in the country. The Inc. 5,000, an extension of Inc. magazine’s annual
Inc. 500 list, catches many businesses that are too big to grow at the pace required to make the Inc. 500,
as well as a host of smaller firms. Taken as a whole, these companies represent the backbone of the U.S.
economy.
“The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy –
the entrepreneurial part,” said Inc. 5,000 Project Manager Jim Melloan.
“It’s been a long-time personal goal to be included in Inc. Magazine’s list of fastest growing privately
held companies, said Fuel Belt Founder & CEO, Vinu Malik. It’s a tribute to the hard work that we did
behind the scenes to grow a business from very humble beginnings to something that has life, meaning
and a place in modern history. With so many successful businesses throughout the country, it’s quite an
honor to be recognized for a process that rewards the virtues of hard work, passion and determination…”
Fuel Belt, Inc. (www.fuelbelt.com) is the leader in hydration belts and accessories to the run, bike and
outdoor markets. The company was launched by 24-time Ironman Triathlon Finisher, Vinu Malik, after
he had recurring problems with dehydration during his training and racing. As the pioneer of multi-bottle
hydration systems for triathletes, Fuel Belt has focused its efforts on creating innovative and functional
solutions for other endurance athletes such as runners, cyclists and adventure racers. Fuel Belt has been
able to reach a large audience by remaining loyal, authentic and committed to endurance sports and those
who participate in them.
The 2007 Inc. 5,000 reported median revenue of $9.4 million and median three-year growth of 140
percent.
Methodology
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to
be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of
December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.
About Inc.com:
Inc.com, the Daily Resource for Entrepreneurs, delivers advice, tools, breaking news, and rich multimedia
to help business owners and CEOs start, run, and grow their businesses more successfully.
Information and advice covering virtually every business and management task, including marketing,
sales, finding capital, managing people can be found at www.inc.com.
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