Measurement Specialties Makes Forbes Top 100 List
Measurement Specialties, Inc.
1000 Lucas Way
Hampton, VA, 23666
Press release date: October 11, 2013
HAMPTON, Va.– Measurement Specialties, Inc. (Nasdaq:MEAS), (the "Company"), a global designer and manufacturer of sensors and sensor-based systems, announced today that it has been named to the Forbes Top 100 List.
The Forbes Top 100 List highlights public companies with sales under $1 billion. They are ranked based on return on equity, sales growth and earnings growth over the past year, as well as the past five years. Forbes also factored in stock performance versus each company's peer group during the last 12 months.
The Company was ranked No. 76 by Forbes and is being recognized as one of the best-performing public companies in the United States.
Frank Guidone, Company CEO commented, "Making Forbes Top 100 List represents additional recognition for our success in growing sales, earnings and shareholder value by leveraging our technology portfolio and global reach within the sensor market."
About Measurement Specialties: Measurement Specialties, Inc. (MEAS) designs and manufactures sensors and sensor-based systems to measure precise ranges of physical characteristics such as pressure, temperature, position, force, vibration, humidity and photo optics. MEAS uses multiple advanced technologies - piezo-resistive silicon sensors, application-specific integrated circuits, micro-electromechanical systems ("MEMS"), piezoelectric polymers, foil strain gauges, force balance systems, fluid capacitive devices, linear and rotational variable differential transformers, electromagnetic displacement sensors, hygroscopic capacitive sensors, ultrasonic sensors, optical sensors, negative thermal coefficient ("NTC") ceramic sensors, mechanical resonators and submersible hydrostatic level sensors - to engineer sensors that operate precisely and cost effectively.
CONTACT: Mark Thomson, CFO