Business Services Industry
Teltronics, Inc. Named One of Tampa Bay's Fastest Growing High Tech Companies for Second Year in a Row
Business Wire, Sept 9, 1999
SARASOTA, Fla.--(BUSINESS WIRE)--Sept. 9, 1999--
Teltronics, Inc. (Nasdaq:TELT) today announced that it has been named one of the fastest growing technology-related companies in the Tampa Bay area by the Tampa Bay Technology Fast 50. This prestigious award recognizes the top 50 fastest growing technology companies, based on percentage of revenue growth from 1994-1998.
The Tampa Bay Technology Fast 50 sponsors include: Deloitte & Touche LLP, Tampa Bay Partnership, Maddux Report, Marsh & McLennan, USF Office for Corporate Development, and Fowler White. Teltronics will be featured in an upcoming issue of the Maddux Report and the Tampa Bay Technology Directory. In addition, the Company will be included in Deloitte & Touche's National Technology Fast 500 list.
Teltronics, Inc. is dedicated to excellence in the design, development, and assembly of electronic equipment and software to enhance the performance of telecommunications networks. The Company manufactures telephone switching systems and software for small-to-large businesses, governments, and 911 public safety communications centers. Teltronics provides remote maintenance hardware and software solutions to help large organizations and regional telephone companies effectively monitor and maintain their telecommunications systems. The Company also serves as an electronic contract manufacturing partner with customers in the U.S. and overseas. Interactive Solutions, a subsidiary of Teltronics, Inc. (Nasdaq:TELT), designs, manufactures and markets technologically advanced, mobile, voice-activated, multimedia computers. Teltronics' common stock trades on The Nasdaq SmallCap Market tier of The Nasdaq Stock Market under the symbol "TELT". For additional information on Teltronics, Inc., visit their web site at www.teltronics.com.
A number of statements contained in this press release are forward-looking statements which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, the ability to comply with the rules for inclusion in the Nasdaq Stock Market and other factors described in the Company's filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. ***
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