Pinnacle Ranks #3 in Growth Nationwide

DALLAS, TX, September 16, 2005 — Pinnacle Technical Resources, Inc., a provider of business and technology solutions, ranked No. 3 in Staffing Industry Report’s survey of the nation’s fastest-growing firms. The listing tabulated total 2004 revenue and average growth rates from 2000 to 2004 across all industry spectrums. 

In an industry that averaged 12% growth in 2004, Pinnacle increased nearly eight times the industry standard, with an average yearly growth rate of 95.4%.

“That kind of growth is remarkable, considering that three of the five years – 2001, 2002 and 2003 – were not good ones for an industry hit by the recession, the end of Y2K activity and the dot-com bust, as well as other pressures, such as vendor consolidation,” stated the editors of Staffing Industry Report.

To accomplish this growth, Pinnacle CEO Nina Vaca abandoned traditional business models and instead choose an innovative focus on customized solutions for project-based IT consulting, staffing and outsourcing in various niche markets. As a result, Pinnacle’s capacities have broadened into several branches of services, including data warehousing, IT-enabled vendor management solutions, system design and architecture, systems monitoring, and application development, among others.

“The industry was emerging from recession, and we focused on a solutions-based approach to the business,” said Vaca. “As a solutions provider, our priority is to be flexible and adaptable in an evolving marketplace and quick to capitalize on changing client demands. Pinnacle prides itself on delivering 100%, and our client retention rates are evidence of our success.”

Staffing Industry Report is a newsletter produced by Staffing Industry Analysts, Inc., a company supporting organic business growth and analysis, trends and data concerning the staffing industry. Revenue for the top 10 companies in the Staffing Industry Report’s fast-growing companies was verified from financial statements, audits or reviews prepared by an outside accountant or auditor.

About Pinnacle

Pinnacle has an established reputation as a leading provider of custom business and technology solutions. The firm serves both private and public sector clientele on a strategic consulting, managed project, and solutions basis. Pinnacle delivers exceptional business advantages in a diversified range of industries and consulting solutions, including application development, enterprise data warehousing, systems architecture and administration, imaging solutions, and IT-enabled vendor management solutions. Founded in 1996 by Nina Vaca, Pinnacle now employs more than 500 associates in 19 locations nationwide, making it one of the largest woman and Hispanic-owned companies in the U.S.  For more information, please visit www.pinnacle1.com.

About Staffing Industry Analysts

Staffing Industry Analysts, Inc. is the leading provider of business intelligence, market data, news, and analysis to staffing industry executives and employers who use contingent/temporary staff. They deliver independent and objective information that focuses on the staffing industry—temporary help, permanent placement, contingency/retained search, contract project placement, professional employer organizations (PEOs) and outplacement. They also provide staffing companies and vendors to the staffing industry with advertising and sponsorship vehicles for reaching decision-makers in their target markets. The company, which was founded in 1989, is privately held and located in Los Altos, CA.