Inc. Magazine Names Micro Power a Fastest Growing U.S. Company
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BEAVERTON, Ore., August 28, 2007 - Inc. magazine today ranked Micro Power No. 2,472 on its first-ever Inc. 5,000 list of the fastest-growing private companies in the country. In addition, Micro Power ranked No. 52 of 100 companies in the Computer & Electronics industry list. The Inc. 5,000, an extension of Inc. magazine's annual Inc. 500 list, catches many businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms.
"The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy - the entrepreneurial part," said Inc. 5,000 Project Manager Jim Melloan. "The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like Manufacturing and Construction that are underreported in the business media."
Micro Power experienced 141.7% growth over a three-year period.
"Our ranking on the Inc. 5,000 is yet another nation-wide testimonial of Micro Power's promise to provide a level of excellence to its clients, partners and personnel. We are pleased to be honored with the other established technology companies this year, and are committed to continue this level of merit and growth in the years to come," said Greg Love, Micro Power CEO and president.
The 2007 Inc. 5,000, as revealed online at www.inc.com, reported median revenue of $9.4 million and median three-year growth of 140 percent. Complete information on this year's Inc. 5,000, can be found at www.inc.com/inc5000. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management.
In addition, the list is searchable according to numerous criteria, including industry, city, state, region, and year founded.
The 2007 Inc. 5000 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.
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About Micro Power Electronics, Inc.
Micro Power Electronics, Inc. is an ISO 9001:2000 certified and FDA registered supplier of custom power systems for the portable medical, rugged handheld computing, and data collection equipment markets. As a pioneer in the development of Lithium battery systems and smart battery packs, with over 20 years of experience developing battery solutions, Micro Power is capable of meeting the most challenging power requirements. With a proven track record of technical excellence, quality solutions and award-winning service, Micro Power has become the fastest growing supplier of custom battery systems in North America. For more information, please visit www.micro-power.com or call 800-576-6177.
