Tuesday, May 17, 2011

Catalyst Named Inner City 100 Winner for Second Straight Year

For the second straight year, Catalyst has been named to the Inner City 100 list of the fastest-growing inner city companies in the United States (www.fortune.com/innercity100). Catalyst’s selection was announced last week at the Inner City 100 awards dinner in Boston.

Sponsored by Fortune Magazine and the Initiative for a Competitive Inner City, the Inner City 100 recognizes successful inner city companies and their CEOs as role models for entrepreneurship, innovative business practices and job creation in America’s urban communities. Companies are ranked by compound annual growth rate based on their revenue over the five years from 2005 to 2009.

With a 39 percent annual growth rate, Catalyst was ranked number 35 on the list.

Fortune Profiles Catalyst’s CEO

A companion piece published today in Fortune, Meet the Accidental Entrepreneurs, profiles Catalyst’s founder and CEO, John Tredennick. The piece describes how Tredennick, while a litigation partner at the Denver law firm Holland & Hart in the 1990s, became aware of the need for a system to handle the rapidly growing volume of documents involved in litigation.

“I used to be able to go through the case documents on the couch while watching the Broncos,” he told Fortune. “Then, all of a sudden, those documents are in filing cabinets, then war rooms, then document warehouses.”

Still at his former firm, he developed a computer system that would allow employees to share files digitally between offices. After a particularly complex 1998 case involving more than 300 users proved the system’s success, the seeds were sown for what later become Catalyst.

By Guest Blogger: Catalyst Repository Systems