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No. 25   ISTS Worldwide

Fremont, CA

Year 2007
Industry IT Services
Founded 2002
Growth 3,101.7%
2003 Revenue $314,326
2006 Revenue $10.1 million
Employees 62
Website www.istsinc.com

What it does: Provides back-office technology used by retailers to activate gift cards and process credit, debit, and gift-card transactions.

Why it's growing: Electronic payments--particularly prepaid and gift cards--are growing fast. According to American Express, 66 percent of Americans planned to buy gift cards for the 2006 holiday season, up from 57 percent in 2005.

Read this company's extended IncBizNet profile.

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