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COMPSolutions PEO Selected as one of "New Jersey's Finest" Companies
Prestigious Awards Program Honors
Fastest Growing Privately Held Companies
Oakland NJ – October 2005 — COMPSolutions PEO, one of the
tri-state area’s leading Professional Employer Organizations (PEO),
announced that it has been selected for the third year as one of
"New Jersey's Finest" in the annual program sponsored by NJ BIZ.
Started in 1989 to honor 25 of the state’s fastest growing
companies, the New Jersey’s Finest Program was expanded to 50
companies this year to reflect the state’s dynamic economy. In order
to qualify for the award, companies must be for-profit,
headquartered in New Jersey and in business for the past three years
with at least $500,000 in revenue during that period. The award was
presented to COMPSolutions PEO, which was ranked 18th out of the 50
companies honored, at a dinner held at the Palace at Somerset Park
in New Jersey on October 11, 2005.
“There is no road map to growing a successful business, but there
are some basic qualities that successful businesses share. They are
focus, determination, hard work and a little bit of luck. Business
changes quickly and the companies that can anticipate and take
advantage of trends are the companies that will prosper, “ said Chad
Beatty, Publisher of NJBIZ.
"We are delighted to be chosen from among the many excellent
companies nominated for this program," said Thomas J Cioffe,
COMPSolutions PEO's Chairman and CEO. "This award is a testament to
the hard work and dedication of the COMPSolutions team in serving
the country’s largest and most challenging employment market.”
COMPSolutions PEO has claimed several other awards, including being
selected as a finalist for the past four years for the New Jersey
Ernst & Young Entrepreneur of the Year® (“EOY”) awards. The EOY
program recognizes a select group of entrepreneurs whose ingenuity,
hard work and perseverance have created and sustained successful,
growing business ventures; entrepreneurs who represent the dynamic,
resilient and innovative spirit of New Jersey’s diverse business
community.
About COMPSolutions PEO
COMPSolutions is a leading professional employer organization
(PEO) that serves as a full-time outsourced human resource partner
for small and mid-sized businesses throughout the tri-state area and
the United States. COMPSolutions’ headquarters is located in
Oakland, NJ with offices in Upper Saddle River and Manhattan. By
managing employee benefits, human resources, payroll and workers’
compensation administration, COMPSolutions PEO allows its clients to
focus on their core competencies to maintain and grow their bottom
line. For additional information, please visit our website at
www.compsolutionsinc.com.
About "New Jersey's Finest" Program
The "New Jersey's Finest" Program has won a unique place in the
state’s business scene as a premier showcase for the many excellent
privately held companies. The annual program honors the 50 fastest
growing companies in New Jersey based on revenue growth.
NJBIZ, founded in 1995, is the leading Internet source of news and
information about New Jersey companies and the New Jersey economy.
The sponsors of the New Jersey's Finest program are NJBIZ, a weekly
newspaper that reports on business in New Jersey; Dendrite
International, a leading provider of marketing and CRM solutions for
the pharmaceutical industry, PNC Bank, one of the largest
diversified financial services organizations in the United States;
and PricewaterhouseCoopers, LLP, an international accounting and
consulting firm; Lowenstein Sandler PC, a full-service law firm and
Infiniti.
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