Not long ago, web hosting provider HostMySite (hostmysite.com) has been ranked 38th in the "Philadelphia 100," (philadelphia100.com) which tracks the fastest growing privately-held companies in the Greater Philadelphia area. HostMySite said it grew 140 percent in the time frame between 2004 and 2006, making it one of the fastest growing companies in the area.

"We are privileged to share this recognition with the other high-growth businesses on the Philadelphia 100," commented Lou Honick, founder and CEO of HostMySite. "This type of industry acknowledgement is important not only to the HostMySite staff, but it is mostly important to our customers. This type of growth confirms that we are delivering the highest market value to our customers when we focus our efforts directly on their needs."

The Philadelphia 100 was created to spread the word about the economic vitality of the Greater Philadelphia region and to place a spotlight on the 100 fastest growing, privately-held companies which form the backbone of the region's economy and is conducted by the Entrepreneurs' Forum of Greater Philadelphia, the Philadelphia Business Journal and Wharton Small Business Development Center. HostMySite said it is a repeat honoree, having been recognized for exceptional growth in the previous year as well.