Queensboro Reports 45 Percent Revenue Growth in 2008

  

Thursday, January 22, 2009
WILMINGTON, NC (Jan. 22, 2009) Queensboro (www.queensboro.com), a leading provider of custom-embroidered and printed apparel, grew almost 50 percent in 2008, despite the weak economy and a tightened credit market. Net revenues were $15.2 million in 2008 compared to $10.5 million in 2007, an increase of 45 percent year-over-year.

The reason for our growth is simple. We offer honest bargains, quality products, and the best customer service anywhere, said Fred Meyers, founder and president of Queensboro. Combined with disciplined spending and a laser focus on providing an overall experience that exceeds our customers expectations, we are poised to continue our phenomenal growth in 2009, even with the challenges in the current business climate.

Queensboro has a record of steady growth. The company was named to the 2008 Inc.com list of the 5000 fastest-growing private companies in America. Queensboro grew 136.9 percent in the three-years during which the ranking was based; net revenue grew from $4.4 million in 2004 compared to $10.5 million in 2007.

About Queensboro
Queensboro (www.queensboro.com) excels at bringing company logos and designs to life on a wide variety of products. Founded in 1982, Queensboro is a leading provider of high-quality, low cost custom-embroidered and printed apparel and accessories. Queensboro offers low 4-piece order minimums, free embroidery and digital printing of standard-sized logos and images, and an industry-unique Unconditional Ten-Year Guarantee on every product sold. Go Behind the Seams at http://queensboro.wordpress.com

For additional information, contact Kim Wilt, 910-251-1251 x285, kwilt@queensboro.com.

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