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News
Release –
Innovate
E-Commerce Named 15th Fastest-Growing Privately Held Company in "Pittsburgh
100 Competition" Innovate's net sales grew 190% between 1998 and 2000. The company's employment growth jumped 40% during the same period. Innovate currently employees 35. According to Alan Robertson, publisher of the Pittsburgh Business Times, "We're very strict about the qualifications of entrant companies. They must be a privately held, independent corporation, proprietorship or partnership. They must have 1998 sales of at least $500,000 with 2000 sales that are higher than those recorded in 1999. They must be located in Allegheny, Beaver, Butler, Fayette, Washington or Westmoreland counties. They must be a for-profit enterprise. And they must be willing to allow publication of certain information in the Pittsburgh 100 supplement and be willing to allow independent verification of their financial information." "We strongly appreciate recognition and encouragement of our growth by the area's leading business publication," said Karen Puchalsky, Innovate's president. "Innovate's strategic business model, excellent work and top-notch employees promise to keep Innovate on a steady growth path. We expect to be an integral part of this region's economic prowess." Headquartered in the Oakland section of Pittsburgh, Innovate was founded
in 1997 by Pittsburgh-native Puchalsky and Cleveland-native William
C. Claire, chief executive officer. The two founders combined their
pioneering experience from high-tech firms such as Hewlett-Packard and
Digital Equipment to create Innovate, a firm of "consultants in
business-to-business e-commerce and specialists in the tough stuff,"
or most demanding enterprise-wide solutions that result in dramatic
strategic advantages for customers. Innovate offers business solutions related to supply-chain management, electronic payment gateways, customer relationship management, data warehousing, outsourcing, business process optimatization, audits and controls, strategic planning and EDI, XML and Internet technologies. The company also recently won a "Pittsburgh Tech 50" award and was named a finalist in the "Ernst and Young Entrepreneur of the Year" award. For additional information visit www.innovateec.com or contact Amber Westwood at awestwood@innovateec.com or (412) 681-7090. |
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