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FOR IMMEDIATE RELEASE

Alan Fogg
Director of Communications
afogg@fceda.org, 703-790-0600

Six Fairfax County Companies Make the Fortune 500 Companies comprise 35.2 percent of D.C. area listings

Fairfax County, Virginia April 13, 2000 — Six Fairfax County-headquartered corporations made the Fortune 500 list published in the April 17 edition of Fortune magazine, Fairfax County's best showing on the elite list. The companies comprise 35.2 percent of the Washington-area corporations that made the list this year.

The six ranked companies, their headquarters location and their Web sites are: 

Capital One and Nextel are new to the list. Capital One, Freddie Mac and Sallie Mae are financial companies, General Dynamics is a defense contractor, Nextel is a telecommunications firm, and Columbia is an energy services company.Mobil, one of Fairfax County's companies on the list previously, became Irving, Texas-based ExxonMobil last fall.The Fortune 500 list, which is based on corporate revenues, includes 17 from the Washington, D.C., metropolitan area: 10 from northern Virginia, five from suburban Maryland, and two from Washington.

"The high proportion of Washington-area companies that are from Fairfax County, and the diversity of what they do, marks Fairfax County as a world-class business community," said Gerald L. Gordon, president of the Fairfax County Economic Development Authority.

The Fairfax County Economic Development Authority provides a wide array of services and information designed to promote Fairfax County as a world center of commerce and trade. Information about the FCEDA's programs and services is available on the FCEDA's Web page at www.FairfaxCountyEDA.org.

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