Boulder, Colo., Sept. 20, 2011 (GLOBE NEWSWIRE) -- ASD Inc., a global high-performance analytical instrumentation provider for materials measurement solutions, was named to the Inc. magazine fifth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. This is the fifth consecutive year ASD has been named to this list.
The list represents the most comprehensive look at the most important segment of the economy--America’s independent-minded entrepreneurs. ASD joined online retailer ideeli, Spirit Airlines, television maker Vizio, Honest Tea and Dunkin Donuts, among other prominent businesses featured on this year’s list.
The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
ASD continues to grow as the industry leader in solving real-world materials analysis challenges. ASD develops rugged, portable spectrometer solutions that can be used in the field or the lab. More than 20 years ago, ASD’s founders introduced the concept of applying near-infrared technology (NIR) to remote sensing and ground truthing research. Since then, ASD has expanded into the industrial sector including mining. These powerful, full-range instruments rapidly and accurately collect high-quality data without disturbing the sample.
ASD instruments, used across the world and trusted by top researchers, are essential research tools in a wide variety of applications including mining exploration and production, materials inspection and analysis, and the study of the environment through remote sensing.
"Beyond our evolving instrumentation solutions, we continue to develop our capabilities to provide our customers with a full range of services and expert support," said ASD CEO Dave Rzasa. "Our growth and success is further powered by developing new applications for our products. We are honored to be named to the 2011 Inc. 500|5000 list and are confident ASD will continue this success in the future."
On this year’s Inc. 5000 list, ASD ranked 4,616. Awards are nothing new for ASD Inc., having previously won the Deloitte & Touche Colorado Fast 50 award, Innovation Quotient Design Award, the IBO Instrument Design Award, the 2008 Colorado Photonics Industry Association's Company of the Year, and the 2008 Governor's Award for Excellence in Exporting. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
About ASD
Established in 1990 in Boulder, ASD Inc. is the global leader in high-performance analytical instrumentation solutions, solving some of the most challenging real-world materials measurement problems. ASD spectrometers -- unparalleled in providing laboratory-grade results in the field or on-site -- are the instruments of choice for remote sensing, environmental sciences, agricultural, mining, pharmaceutical and pulp and paper industry applications, where results drive paradigm-changing insights, efficiency and profit. ASD’s collaborative culture and world-class customer service put the best, fastest and most accurate spectroscopic instruments to work for industry and science in more than 70 countries around the world. For more information, please visit www.asdi.com.
Methodology
The 2011 Inc. 5000 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
About the Inc. 500|5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars--the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 22-24, 2011, at the Gaylord National Resort and Convention Center in National Harbor, Maryland, located minutes from downtown Washington, D.C. For more information about the 2011 Inc. 500|5000 Conference & Awards Ceremony and to register, visit www.inc500conference.com or call 866-901-3205.
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A file accompanying this release is available at:
http://media.globenewswire.com/cache/17301/file/11452.doc
