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Inc. Magazine Honors Sagitec Solutions with Inaugural Hire Power Award

  
  
  

[Update] Sagitec Solutions ranks 5th among Minnesota-based companies for job creation over the past three years

New York, NY (December 05, 2012)Sagitec Solutions St. Paul, MN-based Sagitec Solutions, a global provider of tailor-made IT solutions for the pension industry, has been featured in the inaugural ranking of Inc.’s Hire Power Awards, recognizing the private businesses that have generated the most jobs in the past three years.

Sagitec Solutions generated 72 jobs from 2008-2011, placing the company among the 10 private business job creators based in the state of Minnesota

“Sagitec has experienced incredible growth over the past several years, due in no small part to our talented employees,” said Rick Deshler, Senior Partner for Sagitec Solutions. “We are very proud to accept this award from Inc. and to do our part in this ongoing economic recovery."

Founded in 2004, Sagitec has become a leader in delivering IT solutions to major retirement systems across the nation. Since their first client in the state of Kansas, Sagitec has grown steadily and can now boast a client roster that spans the continental United States. The company will be recognized along with other award recipients at the Inc. Hire Power Award ceremony in Washington, DC on December 6, 2012.

Inc. is the only major business media brand aimed solely at CEOs of fast-growing private companies. The Hire Power Awards will appear in Inc.’s December/January issue, as well as the brand’s web site, http://www.inc.com.

“The top 100 companies on the list have created 73,032 American jobs in the three-year period from 2008 to 2011 – an amazing feat, given that much of that job growth came during the heart of the recession,” explains Inc. editor-in-chief Eric Schurenberg. “And it isn’t just the big guys that are adding jobs. Companies with less than $50 million in annual revenue make up nearly one-third of the Hire Power list.”

The inaugural Inc. Hire Power Awards are sponsored by Bank of America Merrill Lynch, which is proud to recognize American companies that have greatly increased their workforces. Inc.’s Hire Power Awards celebrates private companies on the forefront of American job creation, giving these businesses the recognition they deserve.

About Sagitec Solutions 
Sagitec Solutions, LLC is an innovative IT firm that designs and delivers tailor-made pension administration systems for public and private retirement funds. With broad industry experience, Sagitec empowers retirement systems to realize their strategic service visions. Sagitec is headquartered in the Twin Cities, MN. They have additional domestic offices in Denver, Co and Topeka, KS, and international offices in Pune and Chennai, India. Sagitec has been implementing IT solutions successfully across the United States since 2004. Further information can be found at http://www.sagitec.com or by contacting Rick Deshler at (651) 335-3406 or at service(at)sagitec(dot)com.

About Inc. 
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com.

About Bank of America Merrill Lynch 
Bank of America Merrill Lynch is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 57 million consumer and small business relationships with approximately 5,700 retail banking offices and approximately 17,250 ATMs and award-winning online banking with 30 million active users. Bank of America Merrill Lynch is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America Merrill Lynch offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. For more information, visit:http://corp.bankofamerica.com/business/smb.

“Bank of America Merrill Lynch” is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”), including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp., all of which are registered broker dealers and members of FINRA and SIPC, and, in other jurisdictions, by locally registered entities. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed.

UPDATE:

Piyush and Sanjay from Sagitec Solutions accept the company's Hire Power Award from Inc. Magazine at the awards ceremony in Washington, DC on December 6, 2012:

Sagitec Receives Inc.'s Hire Power Award