2008-08-21 13:01:00
Online Wireless Superstore Grows 357.6 Percent and $3.8 Million in Revenue over Three Years SUGAR LAND, Texas, Aug. 21 /EMWNews/ -- Fommy.com, a multinational wireless superstore begun by Moftware, today announced that it has been honored in the Inc. 5000 as one of the fastest growing companies in the country. Fommy.com was named No. 1,042 on the list overall and No. 40 on the list of the Top 100 Retail Companies after posting 357.6 percent growth and $3.8 million in revenue over the examined three-year period. "Making the Inc. 5000 is a great honor for us," remarked Pallavi Dinesh, COO of Fommy.com. "We've been working hard on expanding our offering for current and prospective customers so they can visit the site and consider it a one-stop shop for all their wireless needs. This recognition of our quick growth shows that Fommy.com is continuing to build itself into one of the leading wireless distributors on the web." As part of the Moftware family, Fommy.com distributes wireless products and accessories, providing the best and most sought-after range of products and services from a variety of manufacturers. From Bluetooth devices to protective cases to signal boosters, Fommy.com supplies accessories for all of the most popular name-brand wireless devices on the market, including Apple, Blackberry, Motorola, Samsung, Nokia and more. Inc. 5000 judges believe that Fommy.com is growing because "the increasing popularity of mobile phones makes a one-stop shop for individual parts and accessories more attractive." They went on to call the retail site noteworthy, mentioning, "CEO and founder Pinakin Dinesh is originally from India and moved to the United States seven years ago." The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, for profit, independent -- not subsidiaries or divisions of other companies -- as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007. To view the Inc. 5000 listing for Fommy.com, please visit: http://www.inc.com/inc5000/2008/company-profile.html?id=200810420.
About Moftware Begun in 2002, Moftware is a multinational wireless superstore with operations in North America, Europe and Asia, providing devices, accessories and services direct to consumers and government and military agencies, and is the only wireless niche retailer with sites in the UK and India. The company's four divisions - retail, wholesale & distribution, manufacturing, and services - all focus on providing the best products available in the market today for the wireless sector. The company's primary global retail brand, Fommy.com, is a one-stop retail haven for everything wireless. For more information, please visit: http://www.moftware.com. About Inc.com Inc.com, the daily resource for entrepreneurs, delivers how-to guides, advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses. Inc.com offers dynamic marketing solutions to help advertisers effectively reach Inc.com's audience of business leaders. Visit http://www.inc.com.
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