Ethertronics Ranks on Inc. 500 List for Second Consecutive Year
Leading Embedded Antenna Solutions Provider Places #8 of Top 100 Telecommunications Companies in America; Ranks #10 in the Top 50 Businesses in San Diego
Ethertronics, leading provider of standard and customized embedded antenna solutions for wireless devices, today announced it has joined the prestigious ranks of the Inc. 500 fastest-growing private companies in America for the second consecutive year. With a three-year growth of 780.9 percent, Ethertronics ranks #8 on the list of Top 100 Telecommunications Companies in the country according to the 2008 Inc. 500 list. This ranking re-affirms Ethertronics as one of the fastest growing wireless communications companies in the country.
If you want to find out which companies are going to change the world, look at the Inc. 500, said Inc. Editor Jane Berentson. These are the most innovative, dynamic, fast-growing companies in the nation; the ones coming up with solutions to some of our knottiest problems, 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 electronic devices. The company continues to expand its global footprint and gain marketshare with its patented Isolated Magnetic Dipole™ (IMD) enabled 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.
Ethertronic's president and CEO credits the growing wireless market and the company's proven RF design capabilities for its 780 percent revenue growth from 2004–2007. Desclos said, "This honor underscores our excellent customer adoption which has fueled our rapid growth. Ethertronics strives to produce the highest performing embedded antennas available on the market today, and as a result we have been able to establish ourselves as a leading global provider.
Within the last year, Ethertronics doubled its installed base to surpass the 100 million mark. Our ability to develop high performance antenna solutions for a variety of applications, coupled with our sustained and strong design win traction at leading wireless OEMs, validates Ethertronics’ placement on the Inc. 500,” continued Desclos. “Ethertronics is pleased with this recognition and appreciative of our entire team’s dedication to the company and our customers worldwide.
Overall, Ethertronics ranked #389 on this year’s list of Top 500 companies.
The 2008 Inc. 500, as revealed in the September issue of Inc. magazine (on newsstands August 26 - September 30), reported aggregate revenue of $13.7 billion and median three-year growth of 1,046 percent. Most important, the 2008 Inc. 500 companies were engines of job growth, having created more than 51,414 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 2008 Inc. 500 list measures revenue growth from 2004 through 2007. To qualify, companies had to be U.S.-based and privately held, independent - not subsidiaries or divisions of other companies - as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007.
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.
