Inc. Magazine Ranks Empower RF Systems as One of America's Fastest Growing Businesses
INGLEWOOD, Calif., Aug. 21 -- Empower RF Systems, a leading manufacturer of radio frequency amplifiers, was named on Inc. magazine's "Inc. 500" list as one of the fastest growing companies in 2007. Empower was ranked 12th for electronics companies and reports a three-year revenue growth of more than 605 percent. On the larger "Inc. 5,000," a list encompassing 5,000 of the largest growth companies in America, Empower ranks 490th overall.
The California-based company designs and manufactures radio amplifiers used in wireless voice and data communications and counter-communications, radar, medical equipment and digital television broadcast. Inc. magazine noted that the company's products are used on U.S. military vehicles in Iraq to prevent detonation of roadside bombs.
"We're very proud to be a specialized market company named on the same list as broad interest names like Jamba Juice and E-Trade," said Effi Bainvoll, president of Empower RF. "We're expanding our design center and radio labs. The entire team is going through some very exciting changes," he added.
Empower's products have experienced steep increase in demand due to current trends in high-speed wireless Internet products and global electronic warfare. According to Inc. magazine, this year's tech spotlight is on wireless and voice-over-Internet technologies.