San Francisco, California -- May 26, 2010 / (http://www.myprgenie.com) -- Today, Rentcycle announces its nomination to Entrepreneur Magazine's annual list of "100 Brilliant Companies" for 2010. Hitting newsstands today, the cover story for the June 2010 issue highlights "brilliant" companies in categories ranging from mobile tech to green business.
In all, 10 fast-growing categories were identified as bringing "jaw-dropping ingenuity to the table." Value was recognized as a key category, especially during tight economic times. Within this category, Rentcycle was selected as a "company to watch" since the company helps penny-pinching consumers save money renting their favorite things at a fraction of the cost of buying. To date, the marketplace hosts more than 30,000 rental businesses which can be discovered in cities and towns across the United States.
"We are beside ourselves with excitement that Entrepreneur Magazine has included Rentcycle on their list of the most brilliant business ideas of 2010," shares Tim Hyer, Founder and CEO of Rentcycle. "To be in the company of startups we admire like Groupon and BillShrink is a huge honor and we are pleased to see further validation behind the online rental concept."
Earlier this year, the newly launched Rentcycle marketplace debuted with 30,000 rental stores from the top 350 cities across the United States. Here, consumers are able to get information about rental businesses ranging from luxury goods to baby equipment. The hope is that a central rental search engine will enlighten consumers by opening their eyes to the variety of goods they can rent versus buy. Did you know you could rent a piano? How 'bout an expensive designer handbag or dress like those you see on the red carpet? You'll be shocked to learn you can rent a living Christmas tree each year or even a temporary pet dog. Now there's a place to locate all these things.
The online version of the Entrepreneur Magazine June cover story, "Entrepreneur's Annual 100 Brilliant Ideas," can be read at http://www.entrepreneur.com/magazine/entrepreneur/2010/june/206722-2.html.
Rentcycle lets you discover, compare, and rent anything online. As the first online rental marketplace, Rentcycle provides businesses greater visibility to a targeted audience. Rentcycle successfully brings the rental industry online.
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