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Newegg Earns Inc. 5,000 Recognition

09/04/2007 Press Release

Online electronics merchant posts record $1.5 billion in sales in 2006 and 174.8 percent sales growth over past four years



CITY OF INDUSTRY, Calif., — Newegg Inc. today announced that it was named to the first-ever Inc. 5,000 list of the fastest-growing private companies. Based on revenue from 2003 to 2006, Newegg ranked 11th in gross revenue growth, 17th in total revenue growth and 41st in revenue growth rate in the Computers and Electronics categories. Last year, Newegg ranked 376 on the Inc. 500 list, with three-year sales growth of 377.6 percent. All of Newegg’s growth has occurred organically, without acquisitions.


“We are extremely proud to be named in the Inc. 5,000, and will work tirelessly to provide consumers and businesses with the broadest selection of top products, superior customer service and the best value on the Web,” said Craig Hayes, executive vice president of product marketing, Newegg. “We are proud to have earned the kind of loyalty that our customers have demonstrated, and we take their trust seriously. We attribute our success to being their most trusted ally when they purchase hardware, laptops, digital cameras, electronics devices and software online.”


The 2007 Inc. 5,000 list measures percentage of revenue growth from 2003 through 2006. To qualify, companies must have been U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of Dec. 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006. Collectively, the Inc.
5,000 constitutes the backbone of the U.S. economy, representing approximately $194 billion in sales in 2006.

How Newegg Stacks Up


More information on this year’s Inc. 5,000 and the basis for the rankings can be found at href="www.inc.com/inc5000">www.inc.com/inc5000. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management. In addition, the list is searchable according to numerous criteria, including industry, city, state, region and year founded.



About Newegg

Newegg.com is the world’s second-largest online-only retailer, attracting more than 6 million registered users and earning industry-leading customer service ratings. Founded in 2001, Newegg Inc. posted approximately $1.5 billion in revenue in 2006. “Those who know” — IT professionals, do-it-yourself computer enthusiasts, avid online gamers, students, small-to-midsize businesses, resellers and consumers — consider newegg.com their top choice for computer and IT products and consumer electronics. At its award-winning Web site, www.newegg.com, shoppers can compare a comprehensive selection of the latest high-tech products, view detailed product descriptions, pictures, how-to information and product reviews, and interact with other members of the technology and gaming community. Newegg.com is headquartered in City of Industry, Calif. For more information, visit http://www.newegg.com/.



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