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DALLAS (SMU) - Recent economic figures may report a downturn, but the Dallas 100™ figures report a thriving entrepreneurial industry in North Texas. Of the record number of companies that applied this year, 100 of the area's fastest growing private companies were announced last night at the 12th Annual Dallas 100™ Awards presented by SMU's Cox School of Business Caruth Institute.

The Dallas 100™ winning companies demonstrate an impressive history of growth, with an average growth rate of 225 percent. From 1999 to 2001, cumulative revenues totaled more than $6 billion while the number of employees increased by 57 percent. Twenty-one of the Dallas 100™ also made this year's Inc. 500 list, including Adea Group, esoftsolutions, Y2Marketing, Pharmafab, and Texas Residential Mortgage.

The number one spot for 2002 Dallas 100™ goes to Boardwalk AutoGroup. Boardwalk AutoGroup began with a simple handshake in 1998, a gentlemen's agreement between Scott Ginsburg and Bobby Rodriguez. The two men embarked upon their entrepreneurial journey in 1999 and together have produced three of the top performing dealerships in the United States - Boardwalk Porsche, Boardwalk Audi, and Boardwalk Volkswagen.

The Dallas 100™ Awards are presented by SMU's Cox School of Business Caruth Institute and the CEO Institute. The awards recognize the fastest-growing private companies in the North Texas area. Businesses must have had sales of at least $500,000 and not more than $65 million in fiscal year 1999, and have a three-year sales history with an increase in fiscal 2001. Both percentage growth and dollar growth are considered in the contest.

The Awards presentation, held at the Morton H. Meyerson Symphony Center, featured guest speaker Craig Hall, chairman of Hall Financial Group. Past recipients have included such businesses as, R.K. Investments, Inc., Cadence McShane Corporation, OnRamp Technologies, CapRock Communications Corp., Monitronics International, Inc., Universal Sports America, Inc., Pavestone Company L.P., Texas Land & Cattle Steak House, and last year's winner, WorkPlaceUSA.

The complete list of this year's winners and headquarters cities follows, in descending order:

1 Boardwalk Auto Group of Plano, 2 Handango of Hurst, 3 Sage Telecom, Inc. of Allen, 4 Chorum Technologies of Richardson, 5 NT Logistics, Inc. of Plano, 6 Martin, Fletcher & Associates of Irving, 7 Andres Construction Services, Inc. of Dallas, 8 The MHA Group of Irving, 9 AdvoCare International, LLC of Carrollton, 10 Wynn Crosby Energy, Inc. of Plano, 11Monitronics International, Inc. of Dallas, 12 McCarthy Companies, Inc. of Dallas, 13 Don Herring Mitsubishi of Dallas, 14 Adea Group, Inc. of Dallas, 15 Datatrac Information Services, Inc. of Richardson, 16 Azteca Enterprises, Inc. of Dallas, 17 Technical Diagnostic Services of Arlington, 18 Scott & Reid GC, Inc. of Addison, 19 Trevino & Associates Mechanical, Inc. of Dallas, 20 HealthVision of Irving, 21 Square One of Dallas, 22 BenefitMall Inc. of Dallas, 23 Sotherby Homes of Plano, 24 Isotag Technology, Inc. of Addison, 25 Special Delivery Service, Inc. of Dallas, 26 Quorum Business Solutions, Inc. of Dallas, 27 Sebring Capital Corporation of Carrollton, 28 TXLC, Inc. dba Texas Land & Cattle Steak House of Dallas, 29 ivpcare, Inc. of Frisco, 30 EmPhysis Medical Management, LLC of Richardson, 31 American Resort Corporation of Dallas, 32 MedicalEdge Healthcare Group of Dallas, 33 Rennhack Marketing Services, Inc. of Grapevine, 34 SVTRONICS, Inc. of Garland, 35 Willow Bend Mortgage of Plano, 36 The Career Control Group, Inc. of Dallas, 37 The Planet Internet Services, Inc. of Dallas, 38 Rockfish LP of Dallas, 39 Timber Blind & Shutter of McKinney, 40 Cottonwood Financial Ltd. of Irving, 41 Pavecon Commercial Concrete, Inc. of Grand Prairie, 42 Picasso Software, Inc. of Dallas, 43 Lineback Enterprises of Plano, 44 JMC Construction, L.P. of McKinney, 45 Palm Beach Tan of Carrollton, 46 Service King Paint & Body, L. P. of Richardson, 47 Viscern, Inc. of Dallas, 48 BillMatrix Corporation of Dallas, 49 Genghis Grill of Dallas, 50 Galactic, Ltd. of Arlington, 51 Conchemco, Inc. of Dallas, 52 Aria Home Health, Inc. of Dallas, 53 Animato Technologies of Dallas, 54 Geniant, LLC of Dallas, 55 Texas Barcode Systems of Plano, 56 American Leather of Dallas, 57 Central Abatement, LLC of Dallas, 58 Halff Associates, Inc. of Dallas, 59 Instaff Personnel of Dallas, 60 Technical Transportation, Inc. of Southlake, 61 Lonestar Underground, Inc. of Frisco, 62 Product Support Services, Inc. of Grapevine, 63 Navigator Systems, Inc. of Addison, 64 Clear Technologies, Inc. of Coppell, 65 Award Solutions, Inc. of Richardson, 66 Sante Rehabilitation Group of Euless, 67 PharmaFab of Grand Prairie, 68 A Photographer, Inc. of Bedford, 69 Cargo-Master, Inc. of Dallas, 70 Davaco, Inc. of Dallas, 71 Intelligraphics, Inc. of Richardson, 72 Everest Group of Dallas, 73 Phoenix I Restoration & Construction, Ltd. of Dallas, 74 esoftsolutions, inc. of Plano, 75 Condoms To Go Inc. of Richardson, 76 d-tech Corporation of Dallas, 77 American Oil & Fuel Distributors, LP of Irving, 78 M Crowd Restaurant Group, Inc. of Dallas, 79 Nevill Business Machines of Addison, 80 International Stone Design of Dallas, 81Discount Services, Inc. of Dallas, 82 MLink Technologies, Inc. of Lewisville, 83 Xencom Systems, LLP of Plano, 84 Sakom Investments dba Texas Wholesale of Dallas, 85 Systemware, Inc. of Addison, 86 Gilbert May, Inc. dba Phillips/May Corporation of Dallas, 87 Capstone, Inc. of Dallas, 88 Buchanan Associates of Las Colinas, 89 NeoSpire, Inc. of Dallas, 90 Homevestors of America, Inc. of Dallas, 91 Paragon Insurance Managers, LLC of Dallas, 92 Gateway Graphics of Irving, 93 T-System, Inc. of Dallas, 94 The Bentwood Companies, Inc. of Lancaster, 95 Foremark, Ltd. of Dallas, 96 Megha Systems, Inc. of Dallas, 97 East Texas Marina, Inc. of Cedar Hill, 98 Axis Dental Corporation of Irving, 99 Shaddock Title Ltd. of Plano, and 100 Davis Munck of Dallas.

Sponsors of the Dallas 100™ Awards include: AT&T Broadband Business Services, Bank One, N.A., Buchanan Visual Communication, Bustin & Co., The Carr Law Firm, Caldwell Daya Estate Conservation Group, Dallas Business Journal, The Dallas Morning News, K G A Group, KRLD, SWS Securities, and Summit Global Partners.