Aculight Named One of "100 Fastest-Growing Private Companies" in Washington State by Business Journal
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Company's Growth Results in December Move to New Corporate Headquarters
Bothell, Wash., November 20, 2006 - Aculight Corporation, a leading developer of innovative laser technologies, has been named to the Puget Sound Business Journal's (PSBJ) "100 Fastest-Growing Private Companies" list for 2006. Rankings are based on companies' percentage revenue growth over the past three years. Thanks to this steady growth, Aculight will also move into a new corporate headquarters in December 2006.
Aculight's CEO Don Rich attributes the company's 78.3 percent revenue growth from 2003 to 2005 to setting and achieving aggressive goals. "Over the past several years Aculight has evolved from a research company into a product company," said Rich. "From the beginning of this transition we set clear, aggressive goals and communicated them to our customers. As we've passed significant milestones it's inspired confidence in those customers. They know we'll apply that same determination to projects we're working on with them. This has, in turn, fueled our growth."
Aculight achieved an 81 ranking on the 2006 PSBJ list, up from 86 on the list in 2005. It marks the sixth time Aculight has been named to the list-previous years were 1997, 1998, 1999, 2000 and 2005. The award also follows two other wins this year-being named to the 2006 "50 fastest growing technology companies in Washington, Oregon and Idaho" by Deloitte & Touche USA LLP, and Washington CEO magazine's 2006 "Top 50 High Tech Firms in Washington."
Aculight's continued growth is also fueling a move to a new corporate headquarters in December 2006. Located just two miles from the existing Aculight facility, the new headquarters is almost twice as large, with approximately 50,000 square feet of combined office, laboratory and manufacturing space.
"The new facility will allow a significant expansion of our research, product development and manufacturing capabilities," said Rich. "This is a key step in positioning Aculight as a leading manufacturer of lasers and optical systems for the aerospace, defense and medical markets. It comes at a time when we're seeing exciting growth opportunities in our traditional research business, in the continued development and manufacturing of our line of proprietary products, and in contract manufacturing for our customers."
About Aculight
Founded in 1993, Aculight is focused on being the leader in providing quality, innovative and cost-effective laser system solutions for our customers' needs in national defense, aerospace and medical applications. For more information about Aculight, please contact Dr. Andrew Brown, director of business development, at (425) 482-1100 or visit www.aculight.com.
Contact:
Andrew Brown
Aculight Corporation
(425) 482-1100
andrew.brown@aculight.com
-or-
Tracy Getz
Getz PR, LLC
(541) 928-8996
tracy@getzpr.com
