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Epsilon Systems Solutions, Inc., Ranks #22 (#1 in Defense) on the 2003 Inc. 500 With Five-year Sales Growth of 4,921%

San Diego, California (October 8, 2003) – Inc. Magazine, the premier publication for small and medium-sized businesses, today released its 23rd annual Inc. 500 ranking of the fastest-growing private companies in the country. Epsilon Systems Solutions, Inc., a diversified engineering and high-technology company providing engineering and technical services to the government sector, ranks #22 on the list, with five-year sales growth of 4921%. In addition to the company’s overall ranking, Epsilon was also ranked #1 among all defense sector companies making this year’s list.

Epsilon’s position on the list reflects the company’s record of success over the past five years. During this period the company has grown to more than 220 employees located in more than 15 states. This success is further reflected in the company’s recognition as San Diego’s Emerging Small Business of the Year for both 2002 and 2003 and in founder and CEO, Bryan Min’s receipt of the 2003 Ernst & Young Entrepreneur of the Year Award.

Epsilon’s inclusion on the list reflects both the vision of the company’s founder and CEO, Bryan Min, and, in his own words, “our employees’ focus, perseverance and persistence in providing high quality customer service.” Mr. Min attributes Epsilon’s success to his winning team, saying “without surrounding myself with this incredibly talented and committed team, Epsilon would be just another company.”

About the Inc. 500
The Inc. 500 ranks privately held companies according to sales growth over the past five years. To be eligible for this year's Inc. 500, companies had to be independent and privately held through their fiscal year 2002, have had at least $200,000 in sales in the base year of 1998, and their 2002 sales had to exceed 2001 sales.

With 75% of all new job creation in the U.S. coming from small businesses, the Inc. 500 is a prescient indicator of the companies and industries that are driving the economy forward. “The entrepreneurs you’ll find on the Inc. 500 have the type of attitude we need to get this economy moving again,” said Inc. editor-in-chief John Koten. “For them, a tough market is not an excuse for poor performance, but an opportunity to innovate and rise above the competition.” The companies that made this list have thrived through continued stagnation in the economy, posting an average five-year sales growth of 1,312%. With aggregate revenue of $14.4 billion, Inc. 500 companies are a formidable market force. And while the United States shed 1.5 million jobs in 2002, Inc. 500 companies provided employment for 67,973 people.

About Epsilon Systems Solutions
Epsilon is an 8(a) firm certified under the Small Business Administration and is also a Veteran Owned Small Business. The company has a national presence, supporting the Department of Defense, Department of Energy, Department of the Interior and its prime contractors nationwide. Epsilon’s Energy and Environmental Services Division, headquartered in Albuquerque, New Mexico provides services to customers in California, Colorado, Idaho, Nevada, Texas, and Washington. Epsilon also offers Marine & Industrial Services in Portsmouth, VA, San Diego, CA and Pearl Harbor, HI. Its offices in the field of Applied Technologies include San Diego, CA and Arlington, VA. The company’s Web site at www.epsilonsystems.com contains more information about the company.

For more details, please contact:
Phone: (619) 702-1700
Fax: (619) 702-1711

 

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