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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, 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.
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