Business
MicroTech Named the Number One Fastest Growing Hispanic-Owned Firm in the Nation
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Aug 13, 2009, 11:16

MicroTech, the Vienna based High Tech Product and Services Company that has risen to noteworthy success since being founded only five years ago has been named by Hispanic Business Magazine in its annual "Hispanic Business Fastest Growing Top 100" list as the number one fastest growing privately-held Hispanic firm in the United States.

The magazine reported that it was MicroTech's 130% annual compounded revenue growth rate since being founded in 2004 that pushed the firm to the top of the list. Moreover, it was the firm's impressive 2693% revenue growth increase during its five-year period that was instrumental in the firm's number one ranking and its national recognition.

According to HispanTelligence estimates, there were over 2.2 Million Hispanic-Owned Businesses in the U.S., in 2008. This is the first time that a Service-Disabled Veteran-Owned Small Business has received this notable distinction. With the vast majority of all Hispanic-Owned businesses clustered in just three states - California, Texas, and Florida - MicroTech is the first No. 1 Fastest-Growing Hispanic-Owned Business from the State of Virginia, as well as the Washington, DC Metro area.

Syndicated by the New York Times and winner of the prestigious Maggie Award for "Best Business & Finance Magazine," Hispanic Business is one of the nation's foremost minority business publications, delivering more than a million readers monthly. The publication is available online (Hispanicbusiness.com) and through subscription.

According to Tony Jimenez, MicroTech's President and CEO, "We are honored to receive this recognition and to be featured by Hispanic Business Magazine. Despite the current economic downturn we have worked hard to develop relationships that allowed us to not only survive, but to flourish. The strong relationships we have with our clients and customers and our focus on providing exceptional products, services and solutions, and our commitment to doing it better than anyone else, have allowed us to create an excellent reputation in one of the most competitive industries in the world -- High Tech Products and Services."

Accolades from the business community are numerous. Danny Vargas (Co-Founder, Hispanic GovCon Network/President, VARCom Solutions) states, "I have personally witnessed MicroTech's extraordinary growth and their transition from start-up to technology powerhouse. MicroTech is a fabulous company and anyone who knows Tony and his outstanding team is not surprised that they are number 1." Michel Zajur (President / CEO, Virginia Hispanic Chamber of Commerce) echoes the admiration by saying, "Tony Jimenez is a role model not only to the Hispanic community but to all business leaders."
   
MicroTech has evolved into a global organization with offices across the U.S. and more than 350 employees around the world. The media frequently refers to MicroTech as one of the most exciting and efficiently run companies in the nation. MicroTech applies its Enterprise IT experience, regimented, benchmark process, and state-of-the-art engineering solutions to integrate technology and create proven results that can meet almost any high tech strategic need.

   
Most recently, MicroTech's regimented benchmark processes and state-of-the-art engineering solutions were put to the test when it was selected to provide President Obama and the Presidential Transition Team (PTT) with a wide array of specialized Information Technology services including full lifecycle IT infrastructure, starting from the collection of requirements, the design, implementation, and operations, and at the conclusion of the transition of the new Administration - the disposition of the equipment and infrastructure.

   
Tony Jimenez stated, "By providing valuable and highly sought after services to the largest and most demanding customer in the world 'The U.S. Government' we have been able to grow exponentially and our commitment to excellence is what has fueled our growth, contributed to our success, and has resulted in the recognition of this highly regarded award."

   
This prestigious Hispanic-related business award is the most recent example of MicroTech's success during its record-setting past twelve months.

Last October, the National Association of Latinos in Information Sciences and Technology (LISTA) honored Tony Jimenez as the CEO of the Year.

In November, MicroTech was named a Top 100 Minority Business Enterprise, honoring minority businesses in Maryland, Virginia, and the District of Columbia.

At the beginning of 2009, Minority supplier promoter  DiversityBusiness.com ranked MicroTech as a Top 200 Hispanic-Owned Business, along with the Hispanic Business HB500 survey rank in March. And in April, the Virginia Hispanic Chamber of Commerce selected Jimenez as the "Hispanic Business Entrepreneur of the Year."