Press Release Archives
Smart Compassion: How Donating Cash Helps More People
Macfadden is pleased to announce that USAID posted on its website blog titled Smart Compassion: How Donating Cash Helps More People, written by Juanita Rilling, Director of the Center of International Disaster Information (CIDI). Macfadden manages CIDI daily operations with the primary responsibility of responding to inquiries from the public regarding donations and other forms of assistance for international disaster response efforts. This is one of many of CIDI’s efforts to spread the word on effective donations.
To read the blog, follow the link to http://blog.usaid.gov/2011/08/smart-compassion-how-donating-cash-helps-more-people/
Macfadden Celebrates 25 Years of Excellence
Macfadden is celebrating its 25th year as a leading provider of integrated information technology solutions and program and project management expertise. Since the company's founding, Macfadden has evolved into a thriving federal contractor with a reputation for excellence among the federal agencies and government clients it supports.
In 1986, James R. Macfadden, founded Macfadden & Associates, Inc. and located its headquarters and operations in Silver Spring, MD. Macfadden began as a small disadvantaged business focused on providing automated data processing support to the federal government and was awarded its first contract with Records Management Systems supporting Booz Allen Hamilton at the General Services Administration.
From a small company with a single employee, Macfadden has steadily grown through the years. Just 10 years after its founding, Macfadden graduated from the SBA 8(a) program, was operating with annual revenue of $8 million, and had grown to a staff of approximately 100. In 2007, Macfadden transitioned to a 100 percent employee-owned company, giving employees a stake in the success of the company and further defined Macfadden as a firm focused on its employees and customers. Today, Macfadden has more than doubled in size, with annual revenue of over $30 million and more than 200 staff serving in multiple U.S. locations and internationally.
At a special anniversary celebration event held at the National Press Club in Washington DC, Macfadden's employees, partners, clients and honored guests gathered to celebrate the company's numerous achievements through the years. Macfadden's Former Chairman and CEO, Russell E. Hall, addressed guests to thank them for their role in the success of the company and noted the great number of opportunities on the horizon for the company. "At Macfadden, we are always looking forward. With a strong value system in place, we embrace the challenges ahead to ensure that we are well-positioned for tomorrow and beyond," said Mr. Hall. "Facing a rapidly changing federal market and hyper-sensitive competitive market, Macfadden will stick to its roots and keep our customers, employees and partners at the forefront."
According to statistics compiled by the U.S. Small Business Administration, 30 percent of small businesses fail within the first two years, and just 50 percent survive the five-year mark. Macfadden's commitment to innovation and leadership has enabled the company to demonstrate steady growth and stability despite these odds. Macfadden places a strong emphasis on customer service that is evident among its employees. "Without question, we are known for our customer service ethic," said Gloria Allen, Vice President of International Affairs at Macfadden. "We simply don't say 'no' when the customer calls. It is well-known that Macfadden's customer service ethic is paramount, setting us apart from our competition and enabling us to form lasting relationships with our clients and partners."
The length of Macfadden's customer relationships provides compelling evidence of Macfadden's commitment to customer service. Many of the company's customer relationships date back to the company's early years. As a result, Macfadden understands the business goals and objectives of each of its customers and has a unique ability to adopt our customer's culture. Beyond 2011, Macfadden will continue to expand its partner base and build upon well-established customer relationships and core capabilities to maintain growth and diversification.
The evening culminated with the announcement of a 2011 Re-Branding Campaign. As part of the company's 25th Anniversary Celebration, Macfadden unveiled a new corporate logo. Designed to position Macfadden as a leader, the new logo is symbolic of Gartner's Magic Quadrant, and portrays Macfadden as a company that demonstrates an ability to execute in alignment with its current vision and is well-positioned for tomorrow. Macfadden has evolved its way of conducting business to provide quality solutions and customer service that spans across the enterprise, as evidenced by its ISO 9001:2008 certification. The new logo design represents Macfadden as a company moving boldly forward and continuing its journey to become an industry leader providing support to its customers to ensure the safety and security of people, information, and critical infrastructure around the world.
Macfadden's 25th Anniversary Celebration will continue over the coming weeks, with a second employee event scheduled on May 26 in Chesapeake, VA.
Macfadden Executive Provided Digitization Presentation to the Society for International Development
Macfadden Senior Program Manager, Dan Pence, led an informative lunch-hour presentation sponsored by The Society for International Development (SID) on March 8, 2011. A leading industry expert in digital conversion services, Mr. Pence guided participants through the process of preparing for a major digitization project. With extensive experience managing digital conversion services, including conversion of original source documents for the National Digital Library Program of the Library of Congress, Mr. Pence offered a wide breadth of digital conversion expertise and skills. Participants and collection owners received a wealth of information on the steps required to organize and successfully manage a large-scale digitization project.
Topics addressed in the presentation included: getting started; formulating the purpose/objectives of the effort; developing a business case to justify the project; identifying and including stakeholders in the planning process; selecting materials; setting project scope/size boundaries; aligning the output digital file format to the intended use; and potential project pitfalls.
The Society for International Development (SID) is a global network of individuals and institutions concerned with development which is participative, pluralistic and sustainable. Founded in Washington, DC in 1957, SID is committed to stimulating dialogue and cooperation on global development issues, enhancing skills, knowledge and understanding among development practitioners, and providing a network for individuals and organizations working in various sectors of international development. Over the years, SID has consistently been at the forefront of shaping the theory and practice of development, challenging existing practices and suggesting alternative approaches.
Macfadden is a 100 percent employee-owned international, diversified professional services corporation committed to delivering results and exceeding expectations. As an expert provider of document imaging and text conversion services to support web publishing and other business objectives related to the electronic preservation and distribution of documents, Macfadden offers its clients a full suite of document management services.
Macfadden provides integrated information technology solutions and program management support services to federal agencies and commercial clients that impact the health, safety and security of the world around us. The company's core business competencies include international development and humanitarian assistance, compliance and monitoring support, information management, and systems engineering and systems integration.
Macfadden Recommended for ISO 9001:2008 Registration
Macfadden announced today that the company has been recommended for ISO 9001:2008 Registration. This recommendation follows the successful completion of a registration audit conducted October 26 - 27 to review and assess Macfadden's Quality Management System (QMS). During the audit, an accredited registrar assessed Macfadden's QMS against national and international standards for quality set forth by the International Organization for Standardization (ISO). "This recommendation represents a major milestone in Macfadden's corporate history and is indicative of our ability to deliver results and exceed expectations for clients that rely on Macfadden for mission-critical support services," stated Russell E. Hall, Former Chairman & CEO at Macfadden. "Customers can be confident that Macfadden provides a systematic approach for achieving customer satisfaction."
"Our ISO 9001:2008 Registration demonstrates Macfadden's commitment to continuous quality improvement and ensures our ongoing ability to maintain tight controls over the services we provide to our clients," added David Binns, President/COO. Macfadden anticipates receiving formal approval of its ISO 9001:2008 Registration in the near future.
Macfadden Announces 2009 ESOP Allocation
Macfadden announced today the independent appraiser for Macfadden’s Employee Stock Ownership Plan (ESOP) recently completed the company’s 2009 ESOP valuation. Based on the appraisal, Macfadden announced a stock valuation of $5.71/share, an increase in share value of approximately 8 percent over the 2008 valuation.
The value of the company’s ESOP is set annually by an independent appraiser who determines the fair market value of the stock based on a variety of factors including current revenue and earnings, corporate assets, projected profitability, the performance of comparable companies and industry trends. Macfadden’s recent valuation reflects 2009 revenue of approximately $33.6 million.
- Macfadden Announces Membership in Microsoft Certified Partner Program
- Macfadden Joins FAST X10 Partner Program
- Macfadden Awarded Subcontract by HumanTouch to Provide Information Technology Services and Solutions to the FDA
- Macfadden-SIG Awarded EPA Contract to Provide Document and Data Management Support
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