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New Sales and Strong Customer Retention Rates Propel MSDSonline Up the Inc. 5000

Sep 21, 2011

For the Fifth Straight Year MSDSonline has Been Named to the List of America's Top Private Companies. Since 2008, MSDSonline has Moved up Over 1,400 Places to Rank in the Top 2000.

For the fifth year in a row, MSDSonline® has been named to the Inc. 5000, the list of the fastest-growing privately held companies in America as compiled by Inc. Magazine. The leading provider of on-demand solutions for managing EH&S regulatory compliance and workplace safety, MSDSonline, landed at number 1,926 on this year’s list, up nearly 200 spots from last year and over 1,400 spots since 2008.

About the recognition, MSDSonline President and CEO Glenn Trout said, “One of the things we’re most proud of at MSDSonline is that all of our growth has been organic, a combination of new sales and strong customer retention. Our success is based on industry leadership and taking care of our customers – not acquisitions, as is so often the case with the kind of growth we’ve achieved.”

MSDSonline is poised to continue its growth in the coming years based upon its new offerings, the market’s continued shift toward on-demand solutions, and the surge of state, federal and global regulatory initiatives.

Earlier this year, MSDSonline launched a new online platform that provides powerful MSDS and container-level chemical management, tracking and compliance-reporting tools, as well as a sophisticated regulatory cross-referencing engine. The recognized value of software as a service (SaaS) or cloud-computing technology in the compliance safety market continues to grow —and with government agencies in the United States moving toward electronic reporting, the trend continues to accelerate.

Finally, regulatory challenges related to OSHA's impending GHS & I2P2 adoption, the EPA's SARA standard and the European Union's REACH regulation make the move toward online EH&S compliance management a practical and cost-effective solution for businesses of every size.

“We continue to talk to our customers and ask them for ways to improve our systems and make their work lives easier,” said MSDSonline’s VP of Customer Care Ron Deger. “The loyalty of our customers is something we never take for granted. It’s the quality of those relationships that drives our team, guides our innovations and pushes MSDSonline ahead of the compliance curve — ultimately giving us a competitive advantage in the marketplace.”

About Inc.
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (http://www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at http://www.inc.com.

About MSDSonline
Founded in 1996 and based in Chicago, MSDSonline is a leading provider of cloud-based EH&S compliance solutions, offering products and services for managing safety data sheets, reporting workplace incidents, training employees and administering other critical EH&S information.  The company’s mission is to provide sustainable solutions that help customers improve employee safety, streamline compliance recordkeeping and reduce potential exposures to workplace hazards and risks. MSDSonline has been recognized for the last six years on Inc. magazine’s list of America’s 5,000 fastest-growing private companies. More information is available online at www.MSDSonline.com and on the official company blog at www.MSDSonline.com/blog. MSDSonline is an ICG (Nasdaq: ICGE) company.

Media Contacts:

Brad Harbaugh
MSDSonline
312.881.2855
bharbaugh@MSDSonline.com

Karen Greene
ICG
610-727-6900
karen@icg.com

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