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VIENNA, Virginia (October 29, 1998) PRNewswire – INDUS Corporation. INDUS Corporation has been named one of the fastest growing companies in the country by Inc. magazine, which earlier this month released its annual ranking of the Inc. 500, the comprehensive guide to America’s fastest-growing private companies.
The Inc. 500, profiled in a special mid-October issue of the magazine, is an exclusive report on the companies and CEOs who are changing the face of American business. Noteworthy alumni include such household corporate names as Microsoft, Timberland, Dominos Pizza, and Patagonia.
Vienna-based, INDUS Corporation, specializing in providing knowledge-based information technology solutions, is the 69th company on the list.
According to Shiv Krishnan, President & CEO, “Our company’s growth this year has been fueled by several factors: rapidly increasing demand for INDUS’s high quality IT solutions, INDUS’s technology focus on Geographic Information Systems, Data Warehousing, Telecommunication and Internet, and a solid technical team supported by stellar management and administrative infrastructure. The outlook for future growth includes over 200 employees with $20 million in projected gross annual revenues before embarking on the new millennium. We are proud to be included in this prestigious Inc. 500 ranking which salutes our sales growth rate of 2,870% during the past five years.”
California tops the Inc. 500 with 83 companies on the list; Texas is second with 44 firms; Massachusetts placed third with 31 firms. Firms on this year’s list generated more than $12 billion in total sales and created 71,464 new jobs. Computers and business services represent 57% of all companies on the 1998 Inc. 500. This year marks the 17th year that Inc. has chartered the progress of America’s most innovative and successful entrepreneurs.
To be eligible for the Inc. 500, companies have to be independent and privately held through 1997, and must demonstrate a sales increase from fiscal year 1996 to 1997. Inc. verified all information using tax forms and financial statements from certified public accountants, and by conducting interviews with company officials.Inc. Online (http://www.inc.com), the Web site for growing companies, was named Best Online Magazine by Folio in 1997 and Best Overall New Publication (all media) by the Computer Press Association.
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VIENNA, Virginia (October 9, 1998) PRNewswire – INDUS Corporation – On October 1, 1998, the Virginia Regional Minority Supplier Development Council (VRMSDC) announced that Mr. Shiv Krishnan, President & CEO of INDUS Corporation is the winner of this year’s MIC Gold Star Entrepreneur of the Year award. INDUS Corporation specializes in providing knowledge-based solutions for government and commercial clients using geographic information systems (GIS), relational database management systems (RDBMS), data warehousing, internet-intranet applications, decision support systems, cross platform systems, and systems integration. INDUS continues on the path of rapid business growth, and will enter 1999 with over 140 employees and projected revenues of $18 million.
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VIENNA, Virginia (August 18, 1998) PRNewswire – INDUS Corporation. INDUS Corporation’s Geographic Information System (GIS) professionals are currently involved in supporting the National Institute of Justice’s (NIJ) research on developing crime prevention strategies in five major U.S. cities. NIJ’s new initiative for “Strategic Approaches to Community Safety” involves a cooperative arrangement between the Office of the U.S. Attorney and local officials to study and analyze crime to develop “strategic interventions” to prevent specific types of crimes including juvenile violence, homicide, gun-related crimes, and rape/sex related crimes.
Direct expenditure for each of the major criminal justice functions (police, corrections, judicial) has been increasing. The Bureau of Justice Statistics (BJS) reports the following facts:
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The nation’s adult prison population grew by 5.2 % in 1997. |
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Over 40% of the increase in the prison population since 1980 is due to an increase in the prisoners convicted of violent offenses. |
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Nine states reported prison population increases of at least 10% during 1997. |
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Sex offenders comprise 1% of the federal prison population, and 9.7% of the state prison population |
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The jail inmate population included about 9,100 juveniles in 1997.
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During 1997 an average of 328,000 queries per month came into the FBI’s Crime Information Center about the records of people who wanted to purchase firearms or carry firearm permits. |
A creative new strategy to prevent crime would significantly reduce the expenditures of a criminal justice system which is traditionally geared to responding to crimes after harm is done.
INDUS professionals have visited several of five pilot cities which include Winston-Salem, NC; New Haven, CT; Indianapolis, IN; Portland, OR, and Memphis, TN to gather information. INDUS’s GIS analysts have interviewed approximately 170 local law enforcement related personnel to gather information to help NIJ determine potential user needs and analyze requirements for the “Community Safety Information System.” According to Mr. Robert Stropky, INDUS Project Manager for this NIJ initiative, “This system will likely be an intranet- based system with a data repository built from crime and related data provided by multiple local, state, and Federal agencies.” The system will provide information about criminal incidents within specified geographic boundaries and enable users to identify and analyze local crime problems. The system will produce maps corresponding to data sets and allow visual crime analysis. System generated reports will support decision-making processes for law enforcement and other local officials to facilitate timely identification of crime patterns and development of strategic interventions to implement law enforcement measures.
The objective of this pilot project initiated by the NIJ is to increase the capacity of the U.S. Attorneys, working in partnership with federal, state, and local criminal justice agencies and a research entity, to collaborate on data collection and analysis, design targeted strategies, and plan interventions to prevent crime and protect community safety.
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VIENNA, Virginia (May 5, 1998) PRNewswire – INDUS Corporation. INDUS Corporation celebrated its fifth anniversary in the high-technology business with a “Cinco de INDUS” party held on Friday, May 1, 1998. Mr. Shivram Krishnan founded INDUS in 1991 following 14 years of public and private sector consulting experience. Prior to creating INDUS, Mr. Krishnan held management and engineering positions at American Management Systems (AMSY) and Versar Inc. (AMSE:VSR). Mr. Krishnan took on the challenge of overseeing INDUS Corporation’s consulting activities full-time in 1993.
INDUS won its first major contract to provide geographic information systems (GIS) services to the U.S. Department of Justice in 1995. “That gave me the confidence that INDUS was going to make it,” says Shiv Krishnan, founder and president. During the last five years, INDUS has developed a solid contract base and established a superior performance record with key clients. INDUS professionals have developed expertise in the latest technologies, making INDUS a pivotal member of all of our clients’ project teams. INDUS was awarded a General Services Administration’s (GSA) Federal Supply Schedule (FSS) Contract for IT equipment, software, and services in September 1997. INDUS is providing IT services under four active task orders and concurrently applying for a new GSA FSS Schedule.
INDUS has received several awards in recognition of rapid business growth. INDUS entered 1998 with over 100 professionals and projected revenues of $12million. Mr.Glenn Brown joined INDUS as a Corporate Vice President after a 28 year-long career with the Drug Enforcement Administration. With his extensive background in fighting the war on drugs and crime, Mr. Brown offers direction for technology applications for law enforcement programs. “The opportunity is the exploding Internet and information technology business itself,” says Shiv Krishnan. “The technology revolution and the change in paradigm from an industrial society to an information-based society is really exciting.”
On April 29, 1998, INDUS received the Virginia Vanguard Top Technology Award,representing the fastest growing technology company in Virginia. INDUS also ranked No.2 in the Virginia Vanguard Fantastic 50 listing of the fastest growing companies in all industries. On May 1, 1998, INDUS was recognized as the 18th largest software development company in the Washington Metropolitan Area by the Washington Business Journal.
INDUS Corporation won the most successful small business in Fairfax County award in 1997. Deloitte & Touche LLP identified INDUS as the 45th fastest growing technology company in the U.S. in 1998. Among the fastest growing technology companies in the Washington D.C. area surveyed by Washington Technology, INDUS ranked No. 5 in 1997 and No. 20 in 1998. During 1997, INDUS also won the Most Successful Small Business Award from the Fairfax Economic Development Authority, Virginia and placed 6th on Northern Virginia Technology Council’s list of the fastest growing technology companies in Virginia.
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| Over the years, INDUS has been consistently recognized through multiple growth awards and industry accolades highlighting our commitment to quality performance and delivering exceptional results. |
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