(Boston, MA) March 4, 2009 - The Boston Business Journal, through its third annual Pacesetters Award program, has named FableVision, the award-winning educational media developer and publisher, as one of the region's fastest-growing private companies. The honor recognizes FableVision's ability to manage a rapidly growing company in the competitive educational media market. Effective business strategies, a focus on quality and a unique creative approach has enabled them to delight customers and show robust revenue growth. "We are thrilled by the momentum of the company," says FableVision's President Paul A. Reynolds. "In the midst of challenging times, we're proud to show that, with a generous dose of creativity, the business community can not only survive, but thriveduring the really tough times."
Co-located at the Boston Children's Museum, FableVision has become an internationally acclaimed provider of best-in-class educational media and multimedia. The firm creates websites, digital games, animation, and books with key players in the education market, including PBS, MIT Education Arcade, Sesame Workshop, National Academy of Sciences, WGBH, Simon & Schuster, Pearson, Girl Scouts of the USA, Boston University and The Jim Henson Company.
FableVision also publishes original literacy and creativity software titles for the K-12 market that help teachers get children writing, moving and animating. "Our mission is to help teachers inspire children to explore, discover, and create," comments Reynolds. "We want to engage all learners, and help them to achieve their full potential."
"Thanks to steady yet innovative stewardship, FableVision experienced 138% growth over the last four years," says Adam Landry, FableVision's Director of Finance. "That's a tremendous accomplishment even when the economy is thriving, so we are especially honored to receive a Pacesetter Award this year."
"Pacesetters was created because it's important to raise the profiles of rapidly growing companies," said BBJ Publisher Michael Olivieri. "This will help give guidance to the business community as a whole as to what makes a company successful and who they should be seeking out as potential partners."
The Pacesetters list was determined by survey information gathered and analyzed by the BBJ from private companies throughout the Greater Boston region. Companies were selected on their revenue growth between 2005 and 2008, which had to exceed at least $1 million as of 2005 or $10 million in 2008.
The 2009 Pacesetter winners will be honored at the annual BBJ Pacesetters Breakfast on April 17th at the Boston Park Plaza Hotel.