9/10/2002 - Multi-Tech Systems, a leading data communications and telecommunications company based in suburban Minneapolis, made the list of Inc. Magazine’s "Innovation 50" which is the magazine’s ranking of the country’s most outstanding small to medium-sized companies in terms of patent awards. Each of the companies was selected due to earning the most patents between 1996 and 2001.
Since Multi-Tech’s start in 1970, it has been focused on new ideas for future expansion, but along with that focus it has also been dedicated to keeping existing products in the mainstream of customer needs. That mix of innovative direction and a practical business outlook has resulted in a company that has weathered an incredible thirty-plus years of competition and changing industry fortunes. Along the way Multi-Tech has earned over 57 U.S. patents and numerous international patents. The company’s intellectual property portfolio includes patents covering transmission of multiplexed voice, data and video packets used in technologies such as Internet telephony, PC telephony, voice over IP or frame relay, and DSVD modems.
"Being recognized by an organization like Inc. Magazine is indeed and honor, and we appreciate their efforts to put in perspective what it takes to turn innovation into a business reality," states Raghu Sharma, President of Multi-Tech Systems, Inc.
According to Inc. Magazine, "Innovation is the lifeblood of entrepreneurship. No other factor contributes more to a company’s growth — or is more misunderstood. Too many businesspeople think that innovation comes in unpredictable flashes of inspiration. But true innovators know that ingenuity is systematic, organized, and rational."
An ISO 9001 certified global manufacturer of award winning Internet, remote access, and telephony products, Multi-Tech Systems provides end-to-end solutions for small- to to medium-sized businesses. Multi-Tech’s products are available through a worldwide network of business partners (distributors, resellers, system integrators, ISPs, and ISVs), or embedded in solutions from OEMs.
About Multi-Tech Systems (www.multitech.com)
Privately held Multi-Tech Systems has over 57 US patents and numerous international patents including many dealing with multiplexing voice, data and video packets over a communications network used in technologies such as Internet telephony, PC telephony, voice over IP or frame relay, and DSVD modems. For additional information, contact Multi-Tech at 800/328-9717 or 763/785-3500, via fax at 763/785-9874.
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