Ethertronics Ranks #52 on 2007 Inc. 500 Annual List of America’s Fastest-Growing Private Companies
Leading Embedded Antenna Solutions Provider Achieves More than 2,300% Growth in Three-Year Period
Ethertronics, a leading provider of standard and customized embedded antenna solutions for wideband and multi-band wireless devices, today announced it has joined the prestigious ranks of the Inc. 500 fastest-growing private companies in America. With a three-year growth of 2,323.4 percent, Ethertronics ranks 52nd on the 2007 Inc. 500.
"If you want to find out which companies are going to change the world, look at the Inc. 500," said Jane Berentson, editor at Inc. "These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition."
Ethertronics designs and manufactures customized embedded antennas for mobile devices including cell phones, laptop computers and other consumer electronics. The company continues to expand its global footprint and gain marketshare with its patented Isolated Magnetic Dipole™ (IMD) antennas as an increasing number of device developers and manufacturers demand high-quality antenna designs to support expanded device functionality and overall performance, while form factors continue to slim down.
"Ethertronics strives to produce the highest quality embedded antennas available on the market today, and as a result we have been able to cement ourselves as a leading global provider,” said Jeffrey Crosby, president and chief executive officer of Ethertronics. “Our ability to develop antenna solutions for a variety of applications, coupled with a series of recent design wins and an installed base approaching 100 million devices, validate Ethertronics' placement on the Inc. 500. Ethertronics is pleased with this recognition and appreciative of our entire team’s dedication to the company and our customers worldwide.”
The 2007 Inc. 500, as revealed in the September issue of Inc. magazine (on newsstands August 28 - October 2), reported aggregate revenue of $16 billion and median three-year growth of 939 percent. Most important, the 2007 Inc. 500 companies were engines of job growth, having created more than 64,064 jobs since those companies were founded.
Complete information on this year's Inc. 500, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc.com/inc5000.
Methodology
The 2007 Inc. 500 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent - not subsidiaries or divisions of other companies - as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.
About Inc. magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures, LLC., Inc. magazine (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 681,421, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.
About Ethertronics
Ethertronics designs and manufactures high-performance standard and customized embedded antenna solutions for wideband and multi-band wireless devices. Ethertronics’ leading-edge antenna product lines have been selected by major customers to support a wide range of applications including cellular, UMTS, WiFi, WiMAX, Bluetooth, GPS, MediaFLO and DVB-H among others. The company’s patented Isolated Magnetic Dipole™ (IMD) technology enables wireless equipment manufacturers to tune both the antenna and antenna feed-line independent of each other, allowing for smaller size, flexibility in design implementation, shortened design cycle and higher overall performance, while simultaneously meeting and improving upon standard safety emission requirements. The U.S.-headquartered company maintains a global network of design centers and low-cost, high-volume manufacturing operations. For more information about Ethertronics, visit the company's Website at: www.ethertronics.com.
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© 2007 Ethertronics. All rights reserved. Ethertronics, the Ethertronics logo, shaping antenna technology, Isolated Magnetic Dipole and IMD are trademarks of Ethertronics. All other trademarks are the property of their respective owners.
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Contact information for the media:
Jessica Levy
(714) 292-2990
Nicole Thome
(949) 428-8219
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