Franklin, MA, Oct. 9, 2012 (GLOBE NEWSWIRE) -- FRANKLIN, MA, September 17, 2012-- Inc. magazine has ranked Saylent Technologies, Inc. No. 867 on its sixth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy--America's independent entrepreneurs. Saylent has also been ranked number 72 in software and the 28th fastest-growing private company in the Boston Metro Area.
Saylent delivers big data analytics to financial institutions of all shapes and sizes. Whether you're a bank, credit union, or payment processor, Saylent's pioneering payment intelligence solutions, Card360™ and Account360™, deliver rapid analysis of billions of transactions from Debit Cards to Checking Accounts. Turning mountains of transaction data and demographics into knowledge you can use, is Saylent's strength. The software enables advanced portfolio segmentation, performance management, targeted marketing, innovative new products, fraud detection, and much more. Through its partnerships with some of the biggest processors in the world such as Jack Henry, CO-OP, FIS, and Vantiv, Saylent's technology and services are available, with rapid installation, to nearly 50% of all the institutions in the United States under white label branding.
"We are enormously honored to be recognized as part of the prestigious Inc. 5000 list," said Tyson Nargassans, President and CEO, Saylent Technologies. "Our success would not have been possible without the dedication of our talented team and all our great business partners. Saylent is proud that our payment intelligence systems and professional services are fulfilling a critical need in the marketplace, and we look forward to continuing our success."
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year's list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. Editor Eric Schurenberg. "To be honored this year is a particularly notable achievement. Companies had to thrive through three of the toughest years this economy has seen in living memory. Saylent's success in such times is eloquent testimony to its team's creativity, resilience, and tenacity."
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/5000.
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.
About Saylent Technologies, Inc.
Saylent Technologies, based in Franklin, Mass., develops payment intelligence solutions that help organizations understand and capitalize on payment behaviors. Employing innovative analytics and segmentation techniques, Saylent's Card360™ solution identifies card usage patterns by cardholder, targets underperforming or at-risk segments, and enables corresponding marketing programs and metrics. Saylent's Account360™ solution provides a holistic perspective on customers across all payment types, enabling financial institutions to understand and shift customer behaviors and increase share-of-wallet. Saylent's Insight360™ consulting services help clients speed time to value with expert analysis and customized marketing services. For more information, please visit http://www.saylent.com or call (508) 570-2161.
CONTACT: Tim Nargassans - 508-298-3333 - firstname.lastname@example.org