*Technology Vendors Get Recognized*
**Inc. Honors Our Peers**
***First, IndiSoft, a technology development firm that focuses on systems for the default services industry, said that Inc. magazine ranked the company number No. 695 on its annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. IndiSoft ranked 34th in the Baltimore regional and 84th in the financial services category.
****“We are proud to make this year’s Inc. 500|5000 list for the third time, and it represents our continuous efforts to help the mortgage industry transform and better operate, communicate and look toward stability,” said Sanjeev Dahiwadkar, founder and CEO of IndiSoft. “We credit our team’s commitment to customer service and constant innovation for our recent success. To join so many outstanding, pioneering companies on this year’s Inc. list is truly an honor.”
****IndiSoft’s flagship product called RXOffice is a solution that provides customizable, document management, workflow and reporting functionality. The company’s MortgageRx solution gives servicers a consistent, compliant method to control key processes and manage all communications, documents and actions among multiple stakeholders in real time, tracking the overall audit review and interactive rebuttal process.
****“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.
****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.
****Also, Motivity Solutions, a provider of business intelligence software to mortgage firms, has been ranked as the 210th fastest growing company in Inc. magazine’s 31st annual Inc. 500|5000, an exclusive ranking of America’s fastest growing privately-held companies. Motivity’s ranking was based on achieving an increase in revenues of 1,736 percent over the three-year period of 2008 to 2011. Motivity is the 17th ranked software company on the Inc. 500 and number five overall in Denver, CO.
****The Inc. 500|5000 is a comprehensive look at the most crucial segment of the economy—the nation’s independent entrepreneurs. Some of the country’s top innovative companies such as Microsoft, Zappos, Intuit, Oracle, Vizio, Jamba Juice and Zipcar, gained early national exposure as members of the Inc. 500/5000.