Geoforce Named 16th Fastest Growing Technology Company in DFW

Geoforce, Inc. (www.geoforce.com), an international provider of asset management solutions for the oil and gas industry, has been ranked #16 on the Metroplex Technology Business Council’s annual Fast Tech list. The Fast Tech Award ranks the top 30 fastest growing technology, media, telecommunications, life science, and clean technology companies in the Dallas Fort Worth Metroplex, and is based on Geoforce’s 92% revenue growth from 2011 to 2013.

“Growth is a constant at Geoforce. At this time last year, we were celebrating the opening of our first international subsidiary in Macae, Brazil. This year, we’ve added an office in Houston, Perth, Australia and Aberdeen, Scotland and grown our employee roster by 50%,” said Vincent Hsieh, CFO of Geoforce. “We’re proud to be on the Fast Tech list again and look forward to continued growth for years to come.”

The Fast Tech list is compiled from nomination forms and independent research using publicly available information conducted by Travis Wolff, LLP and Comerica Bank. Fast Tech award winners for 2014 are determined based on percentage fiscal year revenue growth from 2011 to 2013. Geoforce has landed on the prestigious list for three consecutive years, ranking #15 in 2013 and #6 in 2012.

“At the MTBC, we keep our finger on the pulse of what is happening in the tech industry in North Texas,” said Bill Sproull, president and CEO of the MTBC. “These fast growing companies are what make our technology industry so vibrant…keep your eyes on them!”

About Geoforce, Inc.

Geoforce’s intuitive, reliable and scalable solutions – developed through extensive oil and gas industry experience – include: efficient asset location and retrieval, rental invoice auditing, service delivery verification, inspection compliance, equipment maintenance alerts, and a host of others.  Many O&G companies consider Geoforce to be a key operating partner, due to the depth of its industry focused solutions, which has resulted in Geoforce having the largest satellite asset tracking deployment in the oilfield.

Geoforce is headquartered near Dallas/Fort Worth international airport, with research and development offices in Bozeman, Montana.  Geoforce do Brasil is located in Macae, Brazil. Geoforce Australia is located in Perth, Australia.

Media contact:
Chelsea Nivens
972.546.4176
cnivens@geoforce.com

 

About Geoforce

Combining a cloud-based software platform with ruggedized GPS tracking devices and global satellite and cellular networks, Geoforce’s Track and Trace solutions bring control to often chaotic field operations. With over 1,300 customers tracking more than 160,000 assets in over 90 countries, the company operates the world’s largest network of connected field equipment within the oil & gas industry, and its solutions are used in many other field operations intensive industries, including agriculture, construction, mining, transportation, logistics, rail, and government and defense. Headquartered in Dallas, Texas, Geoforce has R&D offices in Bozeman, Montana, sales and support offices in Houston, Texas, Denver, Colorado, Arroyo Grande, California, Macae, Brazil, Melbourne, Australia, and Calgary, Canada, and sales and service professionals in West Texas and South Louisiana. For more information, visit www.geoforce.com.