ATLANTA, GEORGIA-- June 3, 2009--RenovoData, Inc. has been ranked fourth amongst the Fast 50 Growing Asian American Businesses of the US Pan Asian American Chamber of Commerce (USPAACC) Education Foundation. This recognition applauds the Company's achievements toward accomplishing outstanding growth - especially in the current challenging economy and struggling business environment. The USPAACC reported that over a billion in sales were generated by the 50 Asian American Businesses in FYE 2008, with individual companies producing as much as 400 percent growth within a three-year period.
On May 21, RenovoData was honored during CelebrAsian - the oldest and largest Pan Asian American business opportunity conference in the United States - at the Fast 50 Asian American Business Awards Gala held in New York City. RenovoData was acknowledged for its commitment, persistence and determination towards achieving business objectives and consistently delivering value to its customers and business associates.
"We gladly accept this award and thank the USPAACC for honoring RenovoData. This speaks to the immense effort and commitment the Company has put forth toward ensuring we keep our customers first and maintain an organization focused on quality. We genuinely appreciate our partners and customers for helping us get to this level of growth," commented Lynn Do, President of RenovoData. "Congratulations to the team for all of their hard work into helping us reach this exemplary milestone. I look forward to the future growth of our Company and continuing to reach new levels of success."
To qualify for the ranking, company ownership must be at least 51% Asian American, headquartered in the United States and in business for a minimum of three years with at least $1 million in revenue. Based on a percentage revenue growth over three years, selection was determined through direct applications and nominations. Finalists were independently verified by the New York-based accounting and consulting firm of Holtz Rubenstein Reminick LLP.
About the US Pan Asian American Chamber of Commerce (USPAACC)
USPAACC Education Foundation was formed in 1984 as a national, non-profit organization representing all Asian Americans and Asian American-related groups in business. It promotes, nurtures and propels economic growth by opening doors to contract, educational and professional opportunities for Asian Americans and their business partners in corporate America, the federal government, and the small and minority business community. Headquartered in Washington, DC, USPAACC has a nationwide reach through Regional Chapters in Northern and Southern California in the West Coast, Texas in the Southwest, Illinois in the Midwest, Georgia in the Southeast, New York in the Northeast, and Washington, DC-Maryland-Virginia in the National Capital Area.
About RenovoData
RenovoData is a leading integrated technology disaster recovery and on-demand remote backup managed service provider headquartered in Atlanta, Georgia, offering offsite data backup that meets or exceeds all major compliancy standards for businesses throughout various industries. The Company has been recognized as a market leader in providing technologically-advanced, multi-terabyte data storage solutions to public and private companies globally. Their core services include continuous data protection, disaster recovery planning, tiered storage solutions, server virtualization, network appliance replication, business continuity consulting and hot sites. RenovoData's mission is to deliver uncompromising data backup and business continuity services while providing measurable results with an enterprise-class system of hardware and software.