CorAnet Corp. One of 50 Women-Owned Businesses Recognized for Strong Business Growth

    ORLANDO, FL, May 10, 2017 /24-7PressRelease/ -- The Women Presidents' Organization (WPO), in partnership with American Express, has released the 10th annual ranking of the 50 Fastest-Growing Women-Owned/Led Companies - marking one decade of honorees. The companies on this year's 50 Fastest list span a range of industries including technology, retail and consulting. The companies generated a combined $7.2 billion in 2016 revenues (mean of $155.6 million) and collectively employed 46,000 people in 2016 (mean of 725).

CorAnet is pleased to rank #24 on this list. For a full list of the 50 companies: http://www.businesswire.com/news/home/20170505005018/en

"We are proud to announce the 10th class of 50 Fastest honorees. This year, we're excited to have awardees from a diverse range of industries and locations, including three international winners," said Marsha Firestone, Ph.D., President and Founder of the Women Presidents' Organization. "Our partnership with American Express has been crucial in acknowledging the influence women-owned and led companies have in job creation and growing the global economy."

"Supporting the growth of women-owned and led companies is a true mission for us at American Express, and we are delighted to recognize these trailblazing women for their success," said Susan Sobbott, President, Global Commercial Payments, American Express. "We hope these awardees and the stories of their business success will inspire others to create and lead prosperous businesses."

Each of the honored business owners received a congratulatory prize from American Express.

Applicants do not have to be WPO members. All eligible companies were ranked according to a sales growth formula that combines percentage and absolute growth; the top 50 were selected for the list. To be qualified for the ranking, businesses are required to be privately held, woman-owned/led companies and have reached annual revenue of at least $500,000 as of January 1, 2012.

"CorAnet is thrilled to be on this list and would like to thank the Women Presidents' Organization and American Express for sponsoring this program," said Margaret Marcucci, CEO & President of CorAnet Corp. "We are delighted to see many other colleagues and fellow women business entrepreneurs who are also winners. Most of all, I want to thank each and every member of the CorAnet team who has made our rapid growth possible."

About the Women Presidents' Organization (WPO)

The WPO is the ultimate affiliation for successful women entrepreneurs worldwide. In monthly meetings across the world, women from diverse industries invest time and energy in themselves and their businesses to drive their corporations to the next level. Local WPO chapters are coordinated by a professional facilitator and meet monthly to share business expertise and experience in a confidential setting. For more information, call 212-688-4114 or visit www.womenpresidentsorg.com. Follow WPO on Twitter (@womenpresidents) and like us on Facebook.

About American Express Global Commercial Payments and American Express

Through its Global Commercial Payments division, American Express offers a suite of payment and lending products that help businesses and organizations of all sizes gain financial savings, control and efficiency. Global Commercial Payments provides solutions for travel and everyday business spending, cross border payments, global currency solutions, and business financing.

To learn more about Global Commercial Payments visit business.americanexpress.com. To learn more about American Express OPEN, which provides products and services for small businesses and entrepreneurs in the United States, visit www.OPEN.com

American Express (NYSE:AXP) is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, foursquare.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.

CorAnet Corp. is a technology services company that provides enterprise, government and mid-market organizations with a wide range of extremely dependable, cost-effective and first-rate infrastructure services. CorAnet has evolved from our roots in telecommunications to providing comprehensive services "at the Core of our clients" networks" through a full suite of technology solutions - Voice, Video, Data and Security. For the first time in 2016, Inc. Magazine included CorAnet in its ranking of the 5,000 fastest growing companies in America.

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