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QIP Named Inc. 500 Company for Third Straight Year

Lake Forest, Calif. — Quality Imaging Products has been named one of the fastest-growing companies in the country by Inc. Magazine. The magazine recently released its annual ranking of the Inc. 500, the comprehensive guide to America's fastest-growing privately held companies. QIP ranked 482 on the list.

The Inc. 500 is an exclusive report on the companies and CEOs who are changing the face of American business. Noteworthy alumni include such household corporate names as Microsoft, Timberland and Dominos Pizza.

QIP has accomplished the unusual milestone of making the list three consecutive years while earning an AA financial rating all three years. QIP has grown an average of 815% over three consecutive five-year periods, while maintaining the highest financial rating noted by Inc Magazine.

"Our third Inc. 500 award is the most meaningful to me personally because it is the result of the tremendous commitment of all of our employees," says Jim Steiner, QIP's president and founder. "A lot of our employees have been with us for many years and have made tremendous sacrifices to help the company succeed. This is a real honor for everyone who works here."

QIP remanufactures more than 70 different types of toner and ink jet cartridges and distributes its products exclusively through dealers on a worldwide basis. Annually, QIP's 100+ employees remanufacture over 350,000 cartridges and eliminate more than one million pounds of waste from the nation's landfills.

For more information, contact QIP at 800-423-8600, fax 949-855-6348 or e-mail info@qip.net.

This article originally appeared in the December 1999 issue of Recharger.