Eugene, OR, Sept. 1, 2011 (GLOBE NEWSWIRE) -- Feeney Wireless, a leading provider of wireless mobile and M2M solutions, announced today that it has been ranked No. 2529 on Inc. Magazine’s fifth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy--America’s independent entrepreneurs.
Wireless Machine to Machine (M2M) technology is transforming an endless array of devices into smart systems and the industry is predicted to achieve significant growth throughout the decade. Feeney Wireless provides products and solutions for connecting and managing all manner of remote assets - whether they are police cars, video surveillance systems or the vending kiosk in the local supermarket.
"It is an exciting time to be an innovator in the rapidly growing M2M industry" said Steve Cary, Vice President of Feeney Wireless. "We are elated to achieve this recognition from Inc. Magazine. We expect more growth as we continue to develop new ways to help our customers connect their most important assets".
Driving the growth for Feeney Wireless is the ongoing success of its wireless connectivity platforms for M2M applications. The CIRA wireless gateway is credited for connecting thousands of vehicles in the public safety, emergency response, fleet and public transportation markets. The Skyus™ 3G embedded modem kit is helping customers get their connected devices to market faster at less cost.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. magazine Editor Jane Berentson.
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.
Methodology
The 2011 Inc. 500 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 Feeney Wireless
Feeney Wireless is a technology developer, innovator, and M2M services company offering custom wireless solutions, hardware manufacturing, and a wide range of professional services. Feeney works with industry-leading vendors to create fully engineered, managed solutions to help companies and public agencies develop M2M and mobile operations. Feeney's diverse solution portfolio includes mobile data systems, IP video systems, wireless equipment management and embedded systems. Founded in 2000, Feeney Wireless is headquartered in Eugene, OR with operations nationwide. To learn more, visit Feeney Wireless at www.feeneywireless.com.