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Harbortouch Celebrates Sixth Year on Inc. 500/5000 List


ALLENTOWN, PA (8/27/14) – Harbortouch has recently earned its sixth appearance on Inc. Magazine’s list of the fastest growing private companies in the nation for 2014. Harbortouch (formerly listed as United Bank Card) first appeared on the prestigious list in 2005 with an impressive debut at number 19. This was due to extraordinary revenue growth of 2,319% between 2001 and 2004. A year later, the company hit another milestone when it was ranked 6th, with 3,845% revenue growth over the previous three years. That 2006 ranking was a landmark achievement for the Inc. 500 list itself, earning Harbortouch the prestige of being the highest ranked company to ever appear on the list more than once. Harbortouch followed with three more consecutive appearances on the list in 2007, 2008 and 2009, and now returns to the list for a sixth year.

Harbortouch CEO Jared Isaacman states, “It’s obviously difficult for any company to sustain the same level of growth as they mature from a start-up to a well-established business, but we have managed to continue expanding over the years by producing innovative products and valuable services that have resonated in the market.”

“Our latest growth spurt has been the result of our company’s pivot from a traditional credit card processor to an industry-leading touch-screen point-of-sale (POS) system manufacturer. Specifically, we were able to disrupt the stagnant POS market by offering our products using a unique sales model. Our ‘free POS program’ enables small to medium sized restaurants and retail businesses to obtain cutting-edge POS systems with no upfront costs. This equipment traditionally cost anywhere from $5,000 to $10,000 per system and represented a significant investment for merchants. POS systems offer countless benefits in terms of operational efficiency as well as valuable insights through advanced reporting functionality, but the high cost of this equipment often made it difficult for SMB’s to afford. We have effectively made this powerful technology accessible to all sizes and types of businesses.”