CHICAGO, Sept. 30, 2013 (GLOBE NEWSWIRE) -- MSDSonline, a leading provider of sustainable cloud-based EH&S solutions, was designated as one of Chicago's fastest growing digital companies on Built In Chicago's annual list of the Windy City's Top 100 Digital Companies. This year MSDSonline jumped to the #32 spot, up 13 spots from last year's list. According to Built In Chicago, there are over 1500 digital companies in the Chicagoland area, including over 365 startups launched in the last year alone – an average of one a day.
"MSDSonline is proud to be a member in good standing of Chicago's growing digital community. Our story is Chicago's story, and it's great to see the kind of success we've had over the years being replicated over and over in tech incubators across the city," said Glenn Trout, president and CEO of MSDSonline. "Our customers get a better product because everything we need to continue to improve our business, from great employees to a wonderfully supportive startup community is right here."
Built In Chicago reports 66% of the top 100 companies are more than 10 years old and that there are currently over 40,000 employees working in the digital sector in Chicago — a 21% increase from 2012. MSDSonline, exemplifies that growth having nearly doubled the number of employees during the same time frame. By sector, Built In Chicago identifies 12% of the top 100 companies as B2B companies like MSDSonline.
Asked about MSDSonline's future, Trout said, "We look forward to continuing our leadership here in Chicago as well as in the environmental, health and safety space. We were one of the first companies to harness the power of the internet to help businesses better manage their hazardous chemicals, but we feel like we're just getting started. These are exciting times: our customers are facing increased regulatory compliance pressures and we believe we our solutions position us well to help them meet those challenges."
Founded in 1996 and based in Chicago, MSDSonline is a leading provider of cloud-based EH&S compliance solutions, offering products and services for managing safety data sheets, reporting workplace incidents, training employees and administering other critical EH&S information. The company's mission is to provide sustainable solutions that help customers improve employee safety, streamline compliance recordkeeping and reduce potential exposures to workplace hazards and risks. MSDSonline has been recognized for the last six years on Inc. magazine's list of America's 5,000 fastest-growing private companies. More information is available online at www.MSDSonline.com and on the official company blog at http://www.msdsonline.com/blog/. MSDSonline is an ICG (Nasdaq:ICGE) company.