Local Diversity Business Named Among Nation's Top 500 - Atlanta, GA, November 5, 2004, In recognition of the economic power of multicultural businesses, DiversityBusiness.com, the nations’ leading multicultural B2B online portal, recently named PS Energy Group, Inc. as one of the top 500 diversity-owned businesses in the United States.

The Div500 is the 5th annual listing of the Nation’s top 500 diversity-owned businesses. Ranging in revenue size from $12 million to over $1.8 billion, the companies listed on the Div500 represent the Nation’s top multicultural earners and challenge the long-held notion that a diversity-owned business is small or insignificant.

The Power of Diversity Business
It is no longer just “the right thing” to do business with diversity suppliers. Affected by recent economic and demographic trends and changes, corporations throughout the country are realizing that diversity in suppliers positively impacts their business. Diversity-owned businesses contribute over $1.4 trillion in sales to the U.S. economy.

“Diversity businesses are a growing force in the U.S. economy, and a force to be reckoned with,” said Kenton Clarke, CEO of Computer Consulting Associates International, the company that built DiversityBusiness.com. “It’s no longer only about the Fortune 500, or the Fortune 5000. This is a whole business segment that can carry its own, that provides jobs and valuable products and services, and generates wealth for their communities. These are the new leaders of American business.”

The Div500
The Div500 is a classification that represents the top 500 diversity-owned (women, Blacks, Hispanics, Asians, Native Indian and other minority groups) businesses in the U.S., in sectors such as technology, manufacturing, food service and professional services. Large organizational buyers throughout the country that do business with multicultural and women-owned businesses use the list. The Div500 is produced annually by DiversityBusiness.com, the nation's leading multicultural B2B Internet portal that links large organizational buyers to multicultural product and service suppliers.

The winning companies will be honored at a special awards ceremony at DiversityBusiness.com’s 5th Annual Multicultural Business Conference, taking place March 30 – April 2, 2005 at the Foxwoods Resort Casino in Mashantucket, Connecticut.