INNER CITY 100 AWARD
BASE ONE TECHNOLOGIES ON SIXTH ANNUAL ICIC — INC MAGAZINE INNER CITY 100
BASE ONE TECHNOLOGIES ON NATIONAL INNER CITY BUSINESS INDEX
Boston, Massachusetts, April 5, 2004 — The results of the Sixth Annual ICIC-Inc Magazine Inner City 100 have been announced. The list, a ranking of 100 of the fastest-growing businesses in inner city areas around the country, reveals that virtually all of these companies are profitable and planning to expand their workforces. The 2004 Inner City 100 showed an astounding average annual growth rate of 872 percent for the five-year period 1998-2002, up from last year's rate of 647 percent. These companies have created almost 11,600 new jobs in the past five years.
Editor's note: The Inner City 100 winners are based in 55 cities. Inner City 100 companies were selected from a pool 7,000 companies nominated from 155 cities. Average annual sales for the 100 companies in 2002 was in excess of $26.5 million. Collectively, sales totaled more than $2.6 billion.
Base One Technologies, New Rochelle, NY
Rank on the 2004 ICIC-Inc Magazine Inner City 100: ranked # 57 of 7,000 companies
2002 Revenues: $7.6 Million; CAGR: 45%; Standard Growth: 341%; Employees: 72
With the philosophy "We believe in doing it right the first time," Base One is dedicated to keeping their schedule and budget in alignment with their customer's needs. CEO Liza Zaneri originally had experience in the IT field by working with a team to develop the first computerized global communications relay in Europe. In 1994, seizing what she saw to be an opportunity to compete for similarly large and industry-changing contracts, Zaneri founded Base One Technologies. Base One is an IT services and support provider primarily serving Fortune 500 companies in the telecommunications and financial sectors.
After working for major companies on Wall Street and in Europe, Zaneri chose specifically to have her Corporate Headquarters based in the Inner City as she felt it was necessary to "give back" to the community having grown up in the Bronx. Said Zaneri, "When I was forming my Company, I had a strong desire to plant myself in a diverse atmosphere where my work environment would reflect my upbringing which was also richly diverse in nature."