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Motivators Inc. Again Listed as One of America’s Fastest Growing Companies

For the second year in a row, Inc. Magazine names Motivators to their list of the 5000 fastest growing companies in America.

Westbury, N.Y. August 12, 2009 Inc. magazine announced today the Inc. 5,000 ranking of the fastest growing private companies in America and for the second year in a row promotional products distributor Motivators, Inc. has been named to the list. The company ranks 1,433 on the list with a growth of 223.4% since 2005. Last year the company ranked at 1,168.

"It's an honor to once again be recognized on the same list that has recognized innovators such as GoDaddy and Microsoft," said CEO Ken Laffer, MAS. "The hard work and commitment of our employees is what has allowed us to grow, and I'd like to thank them for all of their accomplishments." In addition to being named to the Inc. list, Motivators was ranked as the second fastest company in the promotional products industry by the Advertising Specialties Institute (ASI) and was also named as one of Counselor Magazine's Best Places to Work. Laffer founded the company in 1979 and introduced in 1995. In 2003, the site re-launched as a completely secure e-commerce enabled portal that allowed customers to complete every step of the buying process online.

The news comes at a time when the promotional product industry as a whole has experienced a decrease in sales volume. ASI reported that distributor sales volume was down 18% in the first quarter, but recouped slightly with a loss of only 14% in the second quarter. Laffer, however expects that sales will increase as he continues to reach out for more market share. "If the past year has proven anything to us, it's that companies are not curbing their appetite for promotional products."