Investing in Early-Stage Technology companies out of PENN

MentorTech Ventures

Investing in Early-Stage Technology companies out of PENN

MentorTech Ventures

25/10/2006

 

NeatReceipts Takes the No. 1 Spot in the Philadelphia 100

List Recognizes Region's Fastest Growing Privately-Held Companies


Philadelphia, Oct. 25, 2006 – NeatReceipts (www.neatreceipts.com) is pleased to announce that the company has been recognized as one of the fastest growing, privately-held companies in the 10 county Philadelphia region, ranking No. 1 on the list.  Last year's recipients had an average growth rate of 283 percent and average revenues close to $7.5 million.

“This is a tremendous honor for our company and a wonderful moment in our young history,” said Les Spero, CEO of NeatReceipts.  “It is also validation that the NeatReceipts Scanalizer has fulfilled a need to help people organize their paper and help simplify their busy lives.”

The 2006 Philadelphia 100 marks the 18th Anniversary of the founding of this prestigious research project and event.  NeatReceipts was honored at The 2006 Philadelphia 100 Awards Dinner and Ceremony, held on October 24, 2006 at The Sheraton Philadelphia. 

The Philadelphia 100 was founded in 1988 to publicly identify, recognize and promote young successful companies in the Greater Philadelphia region.  Previously recognized companies include NovaCare, Forman Mills, ATX, Mothers Work, Diamond Transportation, West Coast Video, Spectacor, Urban Outfitters and Kremer Laser Eye Center, among many others.  The Philadelphia 100 is a meritorious designation based on verifiable revenue growth as reported on federal tax forms or audited financial statements.  The Philadelphia 100 is a registered trademark of the Entrepreneurs’ Forum of Greater Philadelphia, the Philadelphia Business Journal and The Wharton Small Business Development Center.  For more information about the Philadelphia 100, please visit the web site at www.Philadelphia100.com.

About NeatReceipts:
Founded in 2002, NeatReceipts is dedicated to providing user-friendly scanning solutions that reduce paper clutter and simplify paperwork for individuals and businesses.  The patented NeatReceipts Scanalizer is a multi-purpose scanning solution that scans, analyzes and organizes paper receipts, business cards and full-size documents into easy-to-read digital spreadsheets.  NeatReceipts is a privately-owned company headquartered in Philadelphia. For more information please visit
www.neatreceipts.com.