SOURCE: Agiltron, Inc.


December 11, 2009 09:00 ET

Agiltron Maintains 2009 Growth Despite Downturn

WOBURN, MA--(Marketwire - December 11, 2009) - Agiltron, Inc., a leading developer and manufacturer of photonic and optical components for communications, sensing and imaging, reports that despite the economic downturn, it has continued to achieve revenue growth, increase its facilities, and hire new employees at a record rate. The company is listed in this year's Inc. magazine's 5000 Companies, ranking in the Top 50 for the Engineering Industry. Rankings are based on percentage revenue growth over five years. This is Agiltron's fourth consecutive year to be included in the Inc. 500/5000 List.

Revenue in 2009 was fueled by sales of new products, increased funding of several research and development programs, and company acquisitions. Privately held Agiltron acquired Raman Systems Inc. (Austin, TX), a pioneer in portable compact Raman spectrometers for chemical analysis and SensArray Infrared (Burlington, MA), a supplier of infrared detectors for spectroscopic and analytical applications. The operations of both companies have been integrated into Agiltron's Woburn facilities.

To support its growth and invest in continued success, Agiltron added much needed space by leasing more than 10,000 square feet at 12 Cabot Road in Woburn, directly across the street from Agiltron's existing building. Agiltron most notably added 20 new employees in 2009, including 10 in the past two months. Increasing headcount by over 25% in 2009, the employee total in the Woburn facilities now exceeds 100 and includes nearly 40 Ph.D. scientists and engineers. The Careers section of the company website continues to list many open positions and all qualified applicants are encouraged to apply.

About Agiltron, Inc.

Headquartered in Woburn, MA, the award-winning company is a certified supplier to established defense contractors and produces unique premium fiberoptic components and electro-optic systems for the US government. Founded in 2001, Agiltron is emerging as a leading US based photonic component developer and manufacturer for commercial and aerospace markets. For more information, please visit

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