BMIGAMING.COM ACHIEVES TOP 100 COMPANY STATUS WITH 2800% SALES GROWTH
ON HOT 100 LIST COMPLIED BY PRICEWATERHOUSECOOPERS AND ENTREPRENEUR
MAGAZINE
Boca Raton, Florida (May 25, 2006) - BMI Gaming, Inc. announced today
that Entrepreneur Magazine and PricewaterhouseCoopers have just
released their highly anticipated listing of the fastest-growing
companies in America.
This year's honorees cross a wide spectrum of industries, from real
estate and tech firms, to banking and online auto and arcade game
firms. After posting rapid revenue growth for 2005, BMIGaming.com was
honored as the 87th fastest growing company in the nation, and joins
such up and coming firms on the 2006 list as Huron Consulting,
Kayak.com, LogoWorks.com, Sierra Logic and CommerceWest Bank.
The 12th Annual Hot 100 list was compiled from an initial list of
fast-growth firms supplied by PricewaterhouseCoopers, Thomson
Financial, and the National Venture Capital Association (NVCA).
This year marks the first time BMI Gaming has appeared on the list.
Founded by CEO David Young in 2002, BMI Gaming is the nation's leading
online arcade games distributor, offering a broad line assortment
commercial-quality arcade and amusement devices for both commercial and
residential use, with its headquarters based in Boca Raton, Florida,
and specializes in marketing its quality lines of gaming products to
the rapidly emerging consumer market, as well as to amusement parks,
commercial businesses and government markets, with products ranging
from $500 to over $150,000.
BMI Gaming was added to the list by its ability to achieve a total
sales growth of over 2800% over the last three years. Young attributes
the success of his company to the quality of his employees and variety
of products.
"Everything starts with great people and products," he says. "There is
no way we could have been so successful as quickly as we have been
without the dedication and loyalty of our wonderful staff, and the
quality of products offered by our valued suppliers."
Each Hot 100 Company must have been started no earlier than 2001, have
annual sales in excess of $1 million, have less than 1,000 employees,
and founders must be actively involved and have a controlling interest
in the business. Entrepreneur reports the average age of a Hot 100 CEO
is 41 years, and men outnumbered women on this year's list by more than
a 3:1 margin.
This year, the business services industry took the lead with 33
companies on the list, including staffing, advertising and consulting
firms falling into this category, and the biggest employer trends this
year are keeping employees happy, a greater emphasis on work-life
balance, and offering flextime and telecommuting from home.
Hot 100 companies reported a combined total of $1.7 billion in sales
for 2005, a substantial increase from the $795 million reported in
2004, and E-commerce businesses came on strong in 2006, with six spots
on the list, including BMIGaming.com
For the complete story on the Hot 100, pick up a copy of the June 2006
issue of Entrepreneur Magazine on sale nationwide, or visit
www.entrepreneur.com/hot100
About BMI Gaming:
BMI Gaming, the World's Largest Gaming Superstore ™, owns the largest
website of its kind, containing over one gigabyte of online content
spanning over 750 pages, and is ranked as the most-visited commercial
arcade gaming site in the world by Alexa.com. It currently offers over
1,100 commercial-quality new and pre-owned arcade and video games,
pinball machines, jukeboxes, sports and table games, casino tables,
slot machines, kiddy rides, vending machines and other gaming-related
items. BMI Gaming also owns the largest retail gaming showroom the
world, with over 200 games on working display, and plans to establish
several additional retail locations throughout the nation.
BMI Gaming's customers range from singles, young families, baby boomers
and retired folk to Wall Street traders, top executives, sports, rock
and movie stars to amusement parks, family entertainment centers,
arcades, bars, restaurants, non-profit organizations, assisted-living
facilities, nursing homes, local, state and federal government entities
and Fortune 1000 firms throughout the USA, Canada, Mexico and in select
countries throughout the world.
BMI Gaming has been written about and featured in numerous local and
national newspapers, magazines, radio and television shows. For more
information about BMI Gaming, please visit (www.bmigaming.com) or call
561-391-7200.
Information Contact:
BMI Gaming / Public Relations
pr.DeleteThis@bmigaming.com
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