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Connie Zheng
North of Nine Communications for TechShop
Connie.Zheng@nof9.com
(415) 268-4821

TechShop Named to Inc. Magazine’s “Inc. 500 | 5000” List of America’s Fastest Growing Private Companies
TechShop ranks no. 565 on the 2013 Inc. 500 | 5000 with three-year revenue growth of 798 percent
MENLO PARK, Calif. , August 20, 2013 -- TechShop,a membership-based, do-it-yourself workshop and fabrication studio, today announced its recognition by Inc. Magazine as one of America’s fastest growing private companies. TechShop is ranked No. 565 on the seventh annual Inc. 500 | 5000 list.

Inc. Magazine recognized TechShop’s 798 percent growth in revenue between March 31, 2009 and December 31, 2012, as well as the company’s independent entrepreneurial spirit, which the Inc. 500 | 5000 ranking celebrates. Inc. Magazine also highlighted TechShop on its 2013 Inc. 500 | 5000 lists of Top Retail Companies and Top Companies in the San Francisco Metro Area, ranking No. 37 and No. 34, respectively.

“TechShop’s inclusion in the Inc. 500 | 5000 list is a validation of both the maker movement as a whole and our commitment to helping makers build and create, whether it’s a hobby or a burgeoning business,” said Mark Hatch, CEO of TechShop. “We are honored to be included on this list among so many great companies and look forward to continuing to grow and to inspire a new passion for manufacturing in America.”

“Not all the companies in the Inc. 500 | 5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do,” said Inc. Magazine Editor Eric Schurenberg. “They are the hidden champions of job growth and innovation, the real muscle of the American economy.”

With locations across the United States, TechShop supports the growing community of makers and innovators in America by providing tools, equipment, software and instruction in a large, open workshop space. TechShop members have use of flexible computer-aided manufacturing systems to build their skill set and produce tangible, custom products. Combining low unit costs of mass production processes with individual flexibility enables a tremendous increase in variety and customization without a corresponding increase in costs. This approach results in strategic advantage and economic value.

TechShop is moving forward with plans for additional locations in Washington, D.C., New York City and Chandler, Ariz. For more information on TechShop and becoming a member, please visit www.techshop.com

Methodology
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/5000

About Inc.
Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to more than 6,000,000 today. For more information, visit www.inc.com.

About TechShop, Inc.
Founded in October 2006, TechShop is a membership-based, do-it-yourself (DIY) workshop and fabrication studio providing access to a vibrant community of creative people and more than $1 million worth of high quality machines, tools and software. TechShop offers classes, workshops, instruction and meet-ups for people of all ages and skill levels. TechShop is based in San Jose, Calif., with locations nationwide.

For information and course listings, visit www.techshop.com, email info@techshop.com or call 855-TECHSHOP. You can follow TechShop on Twitter at "@TechShop." TechShop is also on Facebook as "TechShop Incorporated."

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