PLYMOUTH, MA (Sept. 18, 2006) – For the second consecutive year, SmartPak has been named to Inc. magazine's list of the nation's
500 fastest growing private companies. SmartPak's
three-year growth rate of 437 percent earned it the number 312 spot on Inc.'s list, making it the eleventh fastest
growing privately held consumer products company in the country. SmartPak is the only equine company ever named to the list.
With this second mention, SmartPak joins the ranks of Inc. 500 alumni that have graced the list multiple times, including
Microsoft, Timberland, Gateway, Shutterfly and other companies that have gone on shape their respective industries.
"I can't begin to express our appreciation to our exceptional employees, the superb suppliers with whom we have partnered, and in particular the many kind customers who've gone out of their way to tell their friends about the kind of experience we provide our customers," said Paal Gisholt, president and CEO of SmartPak."We recognize that riders have many shopping options, and we are grateful that so many riders have given us a try and have enjoyed the service and value we provide so much that they've become regular SmartPak customers."
SmartPak's ability to sustain such a high rate of growth comes largely from the popularity of the patented SmartPak supplement feeding system. While originally targeted at the competitive horseback rider on the show circuit, the number of horses on the SmartPak system continues to climb rapidly as riders of all levels and disciplines discover the affordable convenience of using SmartPaks to put their supplement program on "auto-pilot."
Most recently, the company extended its patented approach to simplify the feeding of dogs. SmartPaks for Dogs contain premium dog food, supplements, and/or daily medications, custom-packed for a specific dog and delivered automatically to the customer's doorstep each month. The SmartPak feeding system offers convenience to any dog owner, but the system's ability to maintain tight portion control of reduced calorie food is particularly advantageous for slimming down overweight dogs. Studies have shown that excess weight can shorten a dog's life by two years, in addition to accelerating the onset of arthritis and other serious diseases like diabetes, and that portion control is critical to manage a dog's weight. SmartPaks for Dogs are affordable (2 cups a day of LiveSmart super premium reduced calorie food runs less than $30 a month) and have taken off even faster than SmartPaks for horses did. In the six years since SmartPaks for horses were launched, they have been used to dispense over 88 million servings of supplements and medications to horses across the United States.
SmartPak plans to continue its rapid growth by broadening its product offering while at the same time developing additional ways of serving its customers. SmartPak recently opened its first retail store in Natick, MA The store showcases a wide selection of horse clothing, rider apparel, footwear, and tack as well as offering customers great bargains in the catalog clearance section. SmartPak also recently launched a veterinarian partnership program, SmartCare™, that allows both small animal and equine veterinarians to offer SmartPaks to their clients.
To learn more about SmartPak, visit their Web site at www.SmartPak.com or call them at 800-461-8898.
Since its founding in 1999, SmartPak has emerged as the unquestioned leader in daily dose packaging of equine and canine foods, medicines and nutritional products. SmartPak was named to Inc. Magazine's "INC 500" list of America's fastest growing private businesses in 2005 and 2006, received the 2005 SBANE Innovation Award, and received the 2006 Best Bosses Award from Winning Workplaces, recognizing the potential for progressive management practices and employee empowerment to contribute to business success.
About SmartPak Equine
SmartPak Equine was founded in 1999 with the purpose of simplifying the administration of nutritional supplements and medications to horses. The patented SmartPak™ supplement feeding system has been adopted by thousands of barns and horse owners across the country, who value knowing that their supplements will be fed correctly. It has been embraced by riders from all disciplines and all levels, including seven Olympic medalists. In addition to the SmartPak supplement system, the company offers a broad line of horse health and rider items, dog supplies, and equine and canine pharmacy items sold through the company’s catalog and Web site. In 2006, SmartPak was named to Inc. Magazine’s list of the 500 fastest growing private companies for the second straight year and is the only equine company ever named to the list. The company has also been honored with a Best Bosses award presented by Fortune Small Business and Winning Workplaces. SmartPak also operates a retail store in Natick, MA. For more information, visit www.SmartPak.com.