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MyOnlineToolbox receives Forbes America’s Most Promising Companies Award

9/17/2009

 

Forbes, one of the most trusted information resources for the world's business leaders, today announced that ServusXchange, LLC with its flagship platform MyOnlineToolbox was awarded #17 on the new Forbes 2009 list of America’s Most Promising Companies. For the full story, click here then go to #17 after arriving at the Forbes landing page.

Brian Javeline, President and Co-Founder of ServusXchange, LLC, said, “We are extremely honored to be getting such an acknowledgement from one of the most prestigious business information sources in the world.  We are excited about Forbes’ focus on the most promising American businesses.  Our product, MyOnlineToolbox, is a community platform that is bringing business innovations to some rather important people in America – the contractors who repair and remodel our homes.”

Brett Nelson, Entrepreneurs Editor of Forbes, said, “Forbes went hunting for small, dynamic companies with the kind of growth potential that makes venture capitalists salivate. Other lists of small or privately held companies tend to be ranked according to a single metric: annual revenue, or percentage change in revenue over a given period. Yet every serious investor knows that a cursory glance at the top line is a far cry from what it takes to evaluate the potential of any promising company.  Prospects were scored on a host of characteristics, among them the size of the markets they serve, the strength of their intellectual property, the extent to which founders put their own capital at risk, the experience of their management and of their directors (or advisory boards), and their record in hitting product-development benchmarks promised to equity investors.”

Nelson further commented, “In sum: The search for America's Most Promising Companies was intense, chocked with sanity checks and grounded in the kind of real-world analysis performed by professional investors. When we say these companies are promising, we mean it.”

Javeline further commented, “Modern contractors are realizing that automation and collaboration are the keys to efficiency, survival, profit and success in growth.  MyOnlineToolbox provides the most innovative methods for handling requests, scheduling, estimating, managing jobs and invoicing.  MyOnlineToolbox also provides innovative ways to connect to other contractors, homeowners and suppliers – all this just by having access to the Internet.  We look forward to many more thousands of contractors joining us, making the community and solution even more promising.”

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