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Integra Telecom Marks Third Consecutive Year on INC. 500 Ranking of Fastest Growing Private Companies

Company Ranks 237 with Five-Year Sales Growth of 728 Percent

BEAVERTON, OR - October 1, 2003 - Integra Telecom, a leading provider of all-in-one communications services for small and mid-sized businesses in the West, ranks 237 on the 2003 Inc. 500 list. The list is Inc. magazine’s 23rd annual ranking of the fastest-growing private companies in the country.

Integra achieved 728 percent sales growth in the past five years, with sales growing from $12.5 million in 1998 to $99.3 million in 2002. This is the third consecutive year Integra has been named to the Inc. 500 list.

"Integra's commitment to serving our customers has proven successful as shown through our growth over the last five years," said Dudley Slater, chief executive officer. "We are proud to be listed once again on the Inc. 500 list."

The companies that made this list have thrived through continued stagnation in the economy, posting an average five-year sales growth of 1,312 percent. With aggregate revenue of $14.4 billion, Inc. 500 companies are a formidable market force. And while the United States shed 1.5 million jobs in 2002, Inc. 500 companies – half of which were launched with less than $20,000 – provided employment for 67,973 people.

"The entrepreneurs you’ll find on the Inc. 500 have the type of attitude we need to get this economy moving again," said Inc. Editor-in-Chief John Koten. "For them, a tough market is not an excuse for poor performance, but an opportunity to innovate and rise above the competition."

The Inc. 500 ranks privately held companies according to sales growth over the past five years. To be eligible for this year's Inc. 500, companies had to be independent and privately held through their fiscal year 2002, have had at least $200,000 in sales in the base year of 1998, and their 2002 sales had to exceed 2001 sales. Inc. verifies all information using tax forms and financial statements from certified public accountants and by conducting interviews with company officials.

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