MaxStream makes fast-growth list: News from MaxStream

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Inc magazine has released its 24th annual 500 ranking of the fastest-growing private companies in the USA, and industrial wireless technology company MaxStream ranks 92nd on the list, with three-year of sales growth amounting to nearly 1000%. MaxStream was recognised for its accelerating growth and innovative technology that serves a wide variety of markets and applications. The 500 can be found in the November issue, which appears on newsstands on 1st November 2005.

'It's an incredible honour to find out we were included in this year's 500 list', said Brad Walters, President and CEO of MaxStream.

'This recognition is due to the outstanding effort put forth by all of our team members'.

'For us, the timing of this achievement is perfect because the market is at a point where the demand for wireless device networking is really gaining momentum'.

MaxStream was able to earn third place in the computers and electronics category by easily surpassing the list's average three-year sales growth of 769% and nearly doubling the number of employees since October 2004.

MaxStream's reliable wireless products and unmatched technical support have allowed the company to emerge as the leader in industrial wireless communication.

'When you look at the amazing job growth among 500 companies and contrast it with the stagnation in the Fortune 500, it underscores the changing nature of our economy', said Jim Melloan, Project Manager for the 500.

'With unprecedented global competition, companies have to be able to turn on a dime and discover innovative new ways of doing business'.

'Increasingly, it's the smaller, agile companies like those on the 500 that are best equipped to meet these challenges'.

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MaxStream makes fast-growth list

Inc magazine has released its 24th annual 500 ranking of the fastest-growing private companies in the USA, and industrial wireless technology company MaxStream ranks 92nd on the list.