News

Parallel Technologies Recognized As One of Minnesota’s 50 Fastest-Growing Privately Held Companies

Minneapolis, MN, 11/13/2007 - Parallel Technologies, Inc., a leader in voice and data cabling and infrastructure services, announced that it has been selected as one of the Fast 50 Private Companies by the Minneapolis/St. Paul Business Journal.  Parallel ranked 37th among privately held technology companies in the eleven county Twin Cities metro area.
 
Local businesses with revenue exceeding $1 million and that have demonstrated year over year growth for a three year period are considered for the award.
 
Membership in this year’s Fast 50 formally acknowledges the growth Parallel has achieved in all aspects of its business over the past few years. “This success can be attributed to Parallel’s ongoing focus on meeting and exceeding client expectations as well as its recent expansion into data networking and IP communications,“ said Dale Klein, president of Parallel Technologies. “I’m very proud of all this team has accomplished over the past two years. We asked a lot of them and our business partners and, as demonstrated by this award, they came through with flying colors.”
 
For additional information contact Eric Jorde (ejorde@ptnet.com)  or visit www.ptnet.com.
 
ABOUT PARALLEL TECHNOLOGIES, INC.  - Parallel Technologies is a leading Twin Cities area provider of communications, networking, and network infrastructure services and solutions to Global 3000 companies.  For twenty four years, Parallel has helped clients enable integrated communication by providing the right mix of voice, data and video solutions.  Parallel features products from Cisco, Microsoft, Ortronics, Berktek, Panduit, 3COM, Dell, HP and many others.