Penton Technology Recognizes mindSHIFT Technologies in MSPmentor 501 and MSPmentor 250

Reports identify the world’s top 501 managed service providers (MSPs) and top executives, entrepreneurs & experts

STERLING, VA - June 11, 2015

mindSHIFT Technologies, Inc., a Ricoh company, today announced that it has received two honors from MSPmentor. Mona Abutaleb, President and Chief Executive Officer, and Joe Croft, Chief Financial Officer, of mindSHIFT were named to the 7th Annual MSPmentor 250 list, recognizing top managed services provider (MSP) executives, entrepreneurs and experts. Added to this recognition, Penton Technology’s eighth-annual MSPmentor 501 Global Edition, a distinguished list and report identifying the world’s top 501 MSPs, placed mindSHIFT among the top five managed service providers around the world. This is the sixth straight year mindSHIFT has placed in the top five.

“Our entire team is honored by the recognition and the accolades from the MSPmentor organization. Providing exceptional service to our customers is a core focus for our team, and this recognition is a symbol that we are continuing to succeed,” said Abutaleb. “Ranking number four on the MSPmentor 501 and having two executives listed on the MSPmentor 250 further demonstrate our commitment to providing customers with both business and technical expertise to help them experience high-quality and unmatched service.”

Each year, MSPmentor gathers information for its annual rankings through the participation of managed service providers and IT service providers in an annual survey. The survey was conducted from December 2014 through January 2015. Rankings are based on Penton Technology’s unique criteria for MSPs, such as annual recurring revenue, total revenue and more.

"Thank you to all the companies who participated in this year's MSPmentor 501 survey, and congratulations to the companies that ranked on our 501 list, our regional lists and our Small Business list," said Jessica Davis, Editor in Chief of MSPmentor and Executive Editor at Penton Technology. "Your participation enables us to continue to provide you with high quality information about the most successful business models, pricing, vertical markets and other approaches to running your businesses in 2015 and beyond."

This year, the top MSPmentor 501 companies recorded higher recurring revenues than ever before. Combined, the total annual recurring revenues for all of MSPmentor 501 2015 companies reached a record high of $3.95 billion in 2014, up 26.5% year over year.

MSPmentor, produced by Penton Technology, is the ultimate guide to managed services. MSPmentor features the industry’s top-ranked blog, research, Channel Expert Hour Webcasts and FastChat videos. It is the number one online media destination for managed service providers in the world.

About Penton

Penton drives performance for more than 16 million professionals each and every day. They rely on us to deliver: Insights, information & workflow tools to inform critical business decisions; networking & community to engage them with industry peers & partners; and data & marketing services to advance their business performance & deliver ROI.

Penton is a growth company with a track record of strong performance and success and is backed by its co-owners: MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP.

For additional information on the company and its businesses, visit www.penton.com.

About mindSHIFT Technologies, Inc.

mindSHIFT, a Ricoh company, is one of the largest IT outsourcing and cloud services providers, serving small and mid-size businesses for 15 years. At mindSHIFT, we’re about keeping your IT systems up and running, providing personal attention and making you more productive. We’re big enough to offer the facilities, services and expertise you expect, but small enough to provide the support and attention you demand. Learn more at www.mindSHIFT.com

About Ricoh

Ricoh is a global technology company specializing in office imaging equipment, production print solutions, document management systems and IT services. Headquartered in Tokyo, Ricoh Group operates in about 200 countries and regions. In the financial year ending March 2015, Ricoh Group had worldwide sales of 2,231 billion yen (approx. 18.5 billion USD).

The majority of the company's revenue comes from products, solutions and services that improve the interaction between people and information. Ricoh also produces award-winning digital cameras and specialized industrial products. It is known for the quality of its technology, the exceptional standard of its customer service and sustainability initiatives.

Under its corporate tagline, imagine. change. Ricoh helps companies transform the way they work and harness the collective imagination of their employees.

For further information, please visit www.ricoh.com/about/.

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© 2015 Ricoh Americas Corporation. All rights reserved. All referenced product names are the trademarks of their respective companies. 

Contact:

Rich Young 
mindSHIFT Technologies, Inc.
(843) 972-4439
richard.young@mindSHIFT.com

Contact:

Jessica Davis
Editor in Chief 
MSPmentor.net 
Jessica.Davis@Penton.com 



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