ATLANTA, Oct. 1, 2007 (PRIME NEWSWIRE) -- EMS Technologies, Inc. (Nasdaq:ELMG), announced today that it has been named to Deloitte's Georgia Technology Fast 50. The annual rankings are based on a company's percentage revenue growth over five years. EMS placed 42nd among technology companies in Georgia.
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5 million in 2006, must be headquartered in Georgia, and must own proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues, or devotes a significant proportion of revenues to the research and development of technology.
"Sustaining high revenue growth over five years is an exceptional accomplishment," says Guy Budinscak, office managing partner of Deloitte's Atlanta/Birmingham practice. "We commend EMS Technologies for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor EMS as one of Deloitte's Technology Fast 50."
Norcross-based EMS Technologies, a wireless and satellite communications solutions leader, employs approximately 1,000 people and operates three divisions, LXE, EMS Defense & Space Systems and EMS SATCOM. Over the five-year period, from 2002 through 2006, EMS revenues increased by approximately 50 percent, from $174 million to $261 million.
"EMS is proud to be part of an elite group of Georgia companies to be recognized for their innovation and fast growth. We are especially pleased to be named a Technology Fast 50 winner for the third consecutive year," says Paul Domorski, president and CEO, EMS Technologies. "EMS builds some of the world's most rugged, well-engineered products to give our customers unprecedented visibility, mobility and intelligence."
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About EMS Technologies, Inc.
EMS Technologies, Inc. (Nasdaq:ELMG) is a wireless and satellite communication solutions leader, serving aeronautical, defense, maritime, commercial space and supply chain markets. Through its LXE, EMS SATCOM, and Defense & Space Systems divisions, EMS keeps people, systems and data connected, wherever they are - on the ground, in the warehouse, in the air, or in space. The company is headquartered in Atlanta, employs approximately 1,000 people worldwide and operates major manufacturing facilities in Atlanta and Ottawa, Canada.
For more information, visit EMS on the World Wide Web at www.ems-t.com.