SOURCE: LGC Wireless

October 23, 2007 15:20 ET

LGC Wireless Ranked 49 in Deloitte's Wireless Fast 50

InterReach Unison® and InterReach Fusion® Products Drive 5-Year Growth of 140 Percent

SAN JOSE, CA--(Marketwire - October 23, 2007) - LGC Wireless, the leading supplier of In-Building Wireless solutions and Network Systems to the Fortune 500, today announced that it has been ranked number 49 in Deloitte's Wireless Fast 50 Program, a ranking of the 50 fastest growing wireless companies by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage fiscal year revenue growth over five years from 2002-2006.

Ian Sugarbroad, LGC president and CEO, credits the massive increase in indoor cellular telephone use along with the InterReach products' industry-leading performance and scalability with the company's 140 percent revenue growth from 2002-2006. "Carriers, public agencies, hotels, and enterprises have all come to realize that reliable in-building cellular coverage is a must," said Sugarbroad, "and our systems offer the best coverage and performance with the simplest deployment and the lowest cost. It's a good formula for success."

"The wireless industry is on the cusp of great changes as new technologies such as WiMAX and 3G upend the market... and yet, we are only scratching the surface of what is possible," said Phil Asmundson, Vice Chairman, U.S. Technology, Media & Entertainment and Telecommunications, Deloitte & Touche USA LLP. "Our first-ever Deloitte Wireless Fast 50 awards underscore the potential for both innovation and business performance in this evolving sector. These companies have achieved sustained growth while navigating constant change, and are beacons of a promising future for the wireless industry."

To qualify for the Wireless Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006. They must own proprietary wireless technology or proprietary wireless intellectual property that contributes to a significant portion of their operating revenues or devote a significant proportion of revenues to the research and development of wireless technology. Using other companies' wireless technology or intellectual property in a unique way does not qualify.

Companies from the Wireless Fast 50 program are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Wireless Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

About LGC Wireless

With more than 10,000 systems shipped worldwide to more than 100 countries, LGC Wireless is the leader in specialized wireless coverage and capacity solutions for carriers and the enterprise. LGC's scalable, high-performance indoor solutions are at work inside buildings in all major venues and industries. In addition, as a leading supplier of compact GSM and CDMA wireless networks, LGC also provides specialized solutions to mobile operators for a broad range of applications. LGC's products offer low-cost installation, end-to-end monitoring and management, and easy integration of emerging wireless technologies. LGC Wireless is based in San Jose, California USA and is privately held. For more information, please visit www.lgcwireless.com.

Contact Information

  • Contacts:

    Michael Schoolnik
    Story Communications
    (415) 674-3816
    Email Contact

    John Spindler
    Vice President of Marketing
    LGC Wireless
    (408) 952-2487
    Email Contact