WHITE ROCK, British Columbia: NewGen Technologies Corporation has appeared on Penton Technology’s eighth-annual MSPmentor 501 Global Edition, a distinguished list and report identifying the world’s top 501 managed service providers (MSPs). The complete 501 list is currently available on the MSPmentor.

“We’re ecstatic about being ranked 284th of the top 501 MSPs in the world.” said Lee Vaniderstine, co-owner, NewGen Technologies Corporation. “It’s great to see how our team’s hard work has helped us move from 354th in 2013, to 335th in 2014, and now to 284th in 2015.”

Each year, MSPmentor gathers information for its annual rankings through the participation of managed service providers and IT service providers in our annual survey. The survey was conducted from December 2014 through January 2015. Rankings are based Penton Technology’s unique criteria for MSPs such as annual recurring revenues, total revenues and more.

“We want to congratulate NewGen Technologies Corporation and look forward to covering their growth strategies in the year ahead,” said Marcia Parker, Executive Director, Penton Technology Group.

This year the top MSPmentor 501 companies recorded higher recurring revenues than ever before. Combined, the total annual recurring revenues for all of MSPmentor 501 2015 companies reached a record high of $3.95 billion in 2014, up 26.5% year over year.

“Thank you to all the companies who participated in this year’s MSPmentor 501 survey, and congratulations to the companies that ranked on our 501 list, our regional lists and our Small Business list,” said Jessica Davis, Editor in Chief of MSPmentor and Executive Editor at Penton Technology. “Your participation enables us to continue to provide you with high quality information about the most successful business models, pricing, vertical markets and other approaches to running your businesses in 2015 and beyond.”

MSPmentor, produced by Penton Technology, is the ultimate guide to managed services. MSPmentor features the industry’s top-ranked blog, research, Channel Expert Hour Webcasts and FastChat videos. It is the number one online media destination for managed service providers in the world.

About Penton

Penton drives performance for more than 16 million professionals each and every day. They rely on us to deliver: Insights, information & workflow tools to inform critical business decisions; networking & community to engage them with industry peers & partners; and data & marketing services toadvance their business performance & deliver ROI.

Penton is a growth company with a track record of strong performance and success and is backed by its co-owners: MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP.

For additional information on the company and its businesses, visit www.penton.com.

MEDIA CONTACT:Jessica Davis
Editor in Chief,
MSPmentor.net
jessica.davis@penton.com