April 26, 2010 - Chantilly, VA
Nova Datacom, LLC, a provider of information assurance and security services to the public and private sectors, today announced that its CEO, Min Cho, has been named by American Express OPEN and the Women President’s Organization (WPO) to their third ranking of the “Top 50 Fastest-Growing Women-Owned/Led Companies.”
All eligible companies were ranked according to a sales growth formula that combines percentage and absolute growth. From this list, the 50 Fastest are selected. To be qualified for the ranking, businesses are required to be privately held, woman-owned/led companies in the U.S. or Canada and have reached revenue of at least $500,000 by the first week of 2005 and $2 million in 2009.
All 50 companies will be honored at a special event hosted by American Express OPEN at the WPO annual conference in Ft. Lauderdale on April 23, 2010. The awards reception will take place from 6:30PM to 8:30PM at the Ritz-Carlton Ft. Lauderdale.
“There are 10 million women-owned businesses in the US that employee over 13 million people and generate nearly $2 trillion in annual sales,” says Nancy Hood, Vice President at American Express OPEN. “We at OPEN are honored to support this group of women business leaders that thrived in a challenging economic climate.” “The Top 50 list exemplifies the vital role women business owners have on boosting the economy and enhancing job growth overall,” says Marsha Firestone, Ph. D., president and founder of the WPO. “We are pleased to partner with American Express OPEN to honor these powerful women and recognize their triumphs.”