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Inc. magazine lists 2 Purdue Research Park-based companies among nation’s fastest growing

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Inc. magazine lists 2 Purdue Research Park-based companies among nation’s fastest growing


WEST LAFAYETTE, Ind. — Two Purdue Research Park-based companies rank among the fastest-growing privately held companies in the United States, according to editors of Inc. magazine.

Purdue Research Park based companies, Officescape Inc. and Passageways LLC, were both ranked on the third annual Inc. 5000 list.

Purdue Research Park based companies, Officescape Inc. and Passageways LLC, were both ranked on the third annual Inc. 5000 list.

Officescape Inc. and Passageways LLC were ranked on the third annual “Inc. 5000″ list.

Officescape is 25th among the 62 Indiana-based companies on the list. Between 2005 and 2008, the company saw revenue growth of 206.6 percent, increasing from $1.9 million to $5.9 million over that time. The company has an office in the International Technology Center in the Purdue Research Park of West Lafayette as well as in Indianapolis.

Passageways ranks 36th among Indiana-based companies. The company experienced a 115.2 percent increase in revenue from 2005 to 2008, growing from $1.3 million to $2.7 million. This is the second year in a row that Passageways has been ranked on the annual Inc. 5000 list. The company also has an office at the Purdue Research Park of West Lafayette.

Officescape is an office service provider employing advanced technology to provide office-on-demand, virtual office, unified communications, video and Web conferencing, and Web services to their professional and business clients.

Passageways is an industry-leading provider of enterprise portal solutions to financial institutions. The solutions provide financial institutions with the ability to organize, manage and deliver role-based views and access to enterprise information such as content, applications, business processes, collaboration and more.

Companies on the 2009 Inc. 5000 list are ranked by percentage of revenue growth between 2005 and 2008. The minimum qualifications were at least $200,000 in revenue in 2005 and at least $2 million in 2008. Companies on the list also generated revenue by the first week of 2005 and showed sales for four full calendar years. All companies are based in the United States, for profit, privately held and independent – neither a subsidiary nor a division of another company – as of Dec. 31, 2008. The Inc. 500 list, in its 28th year, comprises the companies in the top 10 percent of the Inc. 5000.

Officescape Logo

About Officescape Inc.

Officescape integrates the most advanced information technology with the established “office suites” industry into a mobile and secure working platform for today’s business professionals. Officescape’s online and physical office services offer flexible terms and unprecedented efficiency.

passageways-logo

About Passageways LLC

Passageways specializes in providing corporate portal solutions for financial institutions, connecting their employees, directors, partners and vendors. Passageways’ solutions are used to streamline communications, increase collaboration and automate internal processes by replacing traditional intranet solutions. Passageways supports nearly 200 banks’ and credit unions’ portals, including several dozen board portals and a number of industrywide community portals, making it a leader in collaboration solutions in the financial services industry.

About Purdue Research Park

The 725-acre Purdue Research Park of West Lafayette has the largest university-affiliated business incubation complex in the country. The park is home to more than 160 companies. About 100 of these firms are technology-related and another 39 are incubator businesses. The park is owned and managed by the Purdue Research Foundation, a private, nonprofit foundation created to assist Purdue University in the area of economic development. In addition to the Purdue Research Park in West Lafayette, the foundation has established technology parks in other locations around Indiana including Merrillville, New Albany and Indianapolis.

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Three businesses in Purdue Research Park named Companies to Watch

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Three businesses in Purdue Research Park named Companies to Watch


WEST LAFAYETTE, Ind. — En’Urga, Kylin Therapeutics and Passageways, three Purdue Research Park-based firms, were named by the Indiana Economic Development Corp. in its second annual list of 50 Companies to Watch.

“These three companies represent some of the key economic sectors – life sciences, information technology and engineering – that will diversify and strengthen Indiana’s economy,” said Joseph B. Hornett, senior vice president, treasurer and COO of the Purdue Research Foundation, which manages the Purdue Research Park. “Recognition in the Companies to Watch program is a great honor for an entrepreneur, especially when you consider that nearly 450 companies were nominated for the award.”

The program is sponsored by the Indiana Economic Development Corp. and its Small Business Development Center network; Barnes & Thorburg LLP; KeyBank; Premier Capital Corporation; Katz, Sapper & Miller; Purdue University; and the Edward Lowe Foundation. An awards ceremony will be held Aug. 27 at the Indiana Roof Ballroom in Indianapolis.

The Purdue Research Park-based firms included in the 2009 list include:

enurga-logoEn’Urga Inc., which helps some of the world’s largest manufacturers, utility companies and government agencies maintain quality and efficiency while protecting the environment through its products and contract services in combustion diagnostics and combustion systems analysis.

kylin logoKylin Therapeutics Inc., a biotechnology company that employs an RNA nanoparticle technology platform called pRNA to exploit the enormous potential of RNA interference (RNAi) for treatment of many common diseases. This platform has enormous potential to meet the huge market opportunity for treating cancer and other diseases with RNA-based therapeutics. The unique capabilities of the platform have enabled Kylin to overcome the most significant challenges in the development of RNA-based therapies.

passageways-logoPassageways LLC, a leading portal provider to the community bank and credit union industry. Passageways’ mission is to provide an affordable portal strategy for financial institutions of all sizes, helping employees, directors and partners become more efficient in collaboration and communications.

Last year, Purdue Research Park-based companies named as Companies to Watch were Cook Biotech Inc., Endocyte Inc., Next Wave Systems LLC, Quadraspec Inc. and Simulex Inc.

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