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TopTenWholesale.com Press Center

JP Communications and TopTenWholesale Named #1 Fastest Growing Company in San Diego Region by bizSanDiego Magazine

SAN DIEGO – April 15, 2008 – JP Communications -- parent company of online marketing, search and advertising networks for wholesalers led by TopTenWholesale.com -- was named Number 1 in the 2008 Fast Growth Awards sponsored by bizSanDiego.

CEO Jason Prescott accepted the award as fastest-growing regional company on April 10 at an event held in Balboa Park’s The Prado. Because bizSanDiego selected JP Communications from a field of 20 Fast Growth finalists, Prescott was honored to be named #1 from companies that include biotech, solar, security software, yacht customization, children’s fitness and web development.

“Our competitive edge is the way we connect buyers and sellers of wholesale goods. We develop online marketing campaign management tools, offer searchable product databases, and tailor Internet advertising to wholesalers’ needs,“ said Prescott. “Our goal is to be the information superhighway for merchandisers, facilitating connectivity among wholesalers, distributors and retailers in apparel, jewelry, novelties, and the general merchandise industries.”

Prescott recognized the company’s human assets; he calls it “tribal knowledge” drawn from experts in wholesale, distribution, closeout and online auction fields, as well as expertise drawn from web technology and marketing. “None of this is possible without an organization full of talented, passionate, and energetic people … employees, consultants, staff and contractors,” he said. The North San Diego County company saw local employee growth of 157% from 2006 to 2008, which is one of several growth factors, averaged over three years, that bizSanDiego weighed in its award.

Other Fast Growth Award factors include JP Communications/TopTenWholesale’s:

• Revenue Growth Rates -- 110% from 2006 to 2007;
• Clients Served -- 100,000 unique searches a day; top 13th percentile for all Internet traffic; 1,200 wholesale advertisers reaching 30,000 retailers a day;
• Traction into Other Markets -- Partnerships with the OffPrice Specialist Show, the ASD/AMD Trade Shows and other media alliances within the industry;
• Company Recognition -- Top 40 Under 40 Award 2007 to CEO Jason Prescott from San Diego Metropolitan Magazine; Fastest Growing Software Company 2008 from the San Diego Business Journal; Nominated Outstanding Emerging Business (2006/07) from San Diego Chamber of Commerce; and named People To Watch in California by the San Diego Union-Tribune.

About TopTenWholesale.com

TopTenWholesale.com is an Internet property of JP Communications, publisher of other vertical search engine and directories, including Wholezilla.com, OffPriceNetwork.com and WholesaleU.com. The company’s mission is to be the information superhighway for the general merchandise industry and facilitate sales of wholesale products such as apparel, jewelry and novelties with independent retailers, closeout distributors and online auction dealers.