Product category:
Pressure measurement systems
News Release from: American Sensor Technologies
Edited by the Processingtalk Editorial
Team on 24 August 2006
AST recognised for fast growth and
technology
American Sensor Technologies, a manufacturer of state-of-the-art, MEMS-based pressure sensors, transducers, and transmitters has been listed amongst New Jersey's fastest growing technology companies
American Sensor Technologies, a NJ-based manufacturer of state-of-the-art, MEMS-based pressure sensors, transducers, and transmitters, ranked twenty-seventh in the Deloitte Technology Fast 50 Programme for New Jersey, a ranking of the 50 fastest growing technology companies in the state by Deloitte and Touche LLP This is the third consecutive year that American Sensor Technologies has been ranked in the programme
This article was originally published on Processingtalk on 19 Aug 2004 at 8.00am (UK)
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Rankings are based on the percentage of growth in fiscal year revenues over five years, from 2001 - 2005.
Last year, AST was placed twenty-fifth and in 2004, AST was placed fifth.
"As our market presence gains momentum, American Sensor Technologies is becoming one of the most watched and respected sensor companies in the industry," states Michael P Eldredge, Executive Vice President - COO/CFO, American Sensor Technologies: "Further, our acquisition of Macro Sensors, a well known LVDT developer and manufacturer, has been successfully integrated into the AST family of companies".
Macro Sensors joined the other AST subsidiary, Hong Kong Sensor Technologies, which was formed in 2001.
All three companies allow AST to offer a broad range of sensor products along with technical expertise for their clients.
To qualify for the Technology Fast 50, companies must have base-year operating revenues of at least US$50,000 and current-year operating revenues of at least US$1,000,000 in 2005.
The company must be headquartered in North America, own proprietary technology that contributes to a significant portion of its operating revenues and devote a significant proportion of revenues to research and development of technology.
Winners of the 19 regional Technology Fast 50 programmes in North America are automatically entered into the Deloitte Technology Fast 500 programme, which ranks the top 500 fastest growing North American technology companies.
Winners of this programme will be announced in the fall of 2006.
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