Inc. Magazine Names Digital Lifestyle Outfitters the 3rd Fastest-Growing Private Company in AmericaDLO Release
Three-year growth of 4,385% brings company to the top of the "Inc. 500" List for 2006
CHARLESTON, South Carolina - September 6, 2006 – Inc. magazine recently announced its 25th annual "Inc. 500" ranking of the fastest-growing private companies in the country. Digital Lifestyle Outfitters (DLO), a consumer electronics company based in Charleston, South Carolina, ranked #3 on the list, with three-year growth of 4,385 percent. Digital Lifestyle Outfitters creates, manufactures, sells and distributes accessories for consumer electronics and portable digital devices worldwide.
Founded in 2001, DLO was one of the first companies to begin manufacturing and selling accessories for the enormously popular iPod, manufactured by Apple(r) (NASDAQ: AAPL). Today, DLO produces more than 100 products, from digital device cases and speakers to advanced digital docking systems for use at home or in the car.
The 2006 "Inc. 500," as revealed in the September issue of Inc. magazine, reported the most robust collection of companies the magazine has ever compiled, with aggregate revenue of $19.7 billion, up from $16.5 billion in 2005 and $12.9 billion in 2000. Two of the companies on the list crack the billion-dollar mark for revenue.
This year's list is the first to include businesses that started up immediately before and after September 11, 2001 - including the No. 1 company and 20 companies in the top 50 - as well as many companies that had to raise capital after the dot-com bubble burst. In total, 104 companies listed on this year's "Inc. 500" were started after 2000.
"If you want to find out which companies are going to change the world, look at the Inc. 500," said Inc. Editor Jane Berentson. "These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition."
"We are thrilled with our Inc. 500 ranking. It validates a lot of hard work and creative innovation," said Jeff Grady, CEO and founder of Digital Lifestyle Outfitters. "We've had the good fortune of realizing business potential and successfully managing tremendous growth in a highly competitive marketplace. We thank Inc. magazine for recognizing vanguard companies and the impact they have on our nation."
Inc. magazine, the only major business magazine dedicated exclusively to owners and managers of growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Inc., a Mansueto Ventures LLC publication, inspires and informs, with cutting-edge coverage that reflects its readers' energy, brashness, and imagination. For more information, visit http://www.inc.com.
ABOUT DIGITAL LIFESTYLE OUTFITTERS (DLO)
Digital Lifestyle Outfitters (DLO) produces an entire line of computer and digital music player accessories that are sold around the world. DLO products cover everything from cases and cables to remotes and speaker systems. With the digital revolution at hand, DLO is leading the way by outfitting your digital lifestyle. For more information, visit http://www.dlo.com.