6/20/2002 - Mercury Computer Systems, Inc. (NASDAQ: MRCY) announced that it was recently named one of America’s fastest growing small companies for the calendar year 2001 by FORTUNE Small Business, placing 58th on the magazine’s annual list of the fastest growing 100 public small companies in America. The list represents the companies’ growth over three calendar years from 1999 to 2001, and this is Mercury’s first year receiving the distinction.
To be eligible for the list, companies must be publicly traded and have less than $200 million in annual revenue. After meeting those qualifications, the companies’ performance in three key growth criteria from 1999 through 2001 were measured in percentages and then an average percentage was calculated for each category to help determine the company’s ranking. The growth criteria were:
Mercury’s strong scores in revenue and profit growth, and a rank of 33 in total return, placed the company at 58th of the top 100. FORTUNE Small Business noted this year’s top 100 companies were able to succeed despite the economic downturn in 2001.
"We are honored to receive this recognition, especially as it comes in challenging economic times for most businesses," said Jay Bertelli, chairman, president and CEO of Mercury Computer Systems. "The business climate in the latter part of 2001 was particularly trying, but by staying focused we continue to deliver value to our customers and shareholders."
About Mercury Computer Systems, Inc.
Mercury Computer Systems, Inc. (NASDAQ: MRCY) is the leading producer of high-performance embedded, real-time digital signal and image processing computer systems. Mercury’s products play a critical role in a wide range of applications, transforming sensor data to information for analysis and interpretation. In military reconnaissance and surveillance platforms the company’s systems process real-time radar, sonar, and signals intelligence data. Mercury is developing commercial wireless communications solutions in areas such as WCDMA multi-user detection and smart antennas. Mercury’s systems are also used in state-of-the-art medical diagnostic imaging devices including MRI, CT, PET, and digital X-ray, and in semiconductor imaging applications including photomask generation and wafer inspection.
Based in Chelmsford, Massachusetts, Mercury serves customers in North America, Europe, and Asia through its direct sales force and a network of subsidiaries and distributors.
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