April 12, 2005 - Micro Power Named One of 200 Finalists for Red Herring Top 100 Private Firms
April 12, 2005 - Micro Power, the global leader in portable power solutions for mission-critical equipment, today announced that Red Herring magazine named it one of the two hundred Finalists for the Red Herring 100 Private Companies of North America award program. Over nine hundred nominations were submitted for consideration. The Red Herring Top 100 Private Companies will be unveiled at the Red Herring Spring 2005 conference on May 17, 2005 in Monterey, Calif. Dedicated to celebrating the most exciting private North American companies, the three-day conference will feature keynote speeches, lively dialogue and company presentations by the CEOs of the Red Herring 100.
“There were many strong candidates for the Red Herring Top 100 list this year, so making it onto the list is quite an achievement,” said Joel Dreyfuss, editor-in-chief of Red Herring. “In the post-bubble era, North American technology companies have focused on making sure management is strong and that the business model makes sense.
“We are proud to be the only Oregon-based company among an elite group of North American businesses considered for this award,” said Greg Love, CEO for Micro Power. “Our management team persevered to make Micro Power profitable with 2004 revenues exceeding $30 million, and we appreciate the recognition for this accomplishment from an established national business publication like Red Herring.”
The two hundred Finalists will be evaluated to determine the Red Herring Top 100 Private Companies that embody innovation, technology and strategy. The Red Herring editorial team has completed a thorough analysis of business model, competitive advantage, alliances, customers, and technology for each company.
Micro Power focuses on one of the electronics industry’s fastest growing sectors – power solutions for portable, handheld devices. The company also serves the Automatic Identification and Data Collection (AIDC), Radio Frequency Identification (RFID) data management markets and portable sectors within the communication equipment market.
About Micro Power Electronics, Inc.
Micro Power Electronics, Inc. is ISO 13485 and 9001:2008 certified, as well as ITAR registered. Micro Power supplies custom battery systems to the portable medical, handheld Automatic Identification and Data Collection (AIDC) and commercial military markets. As a pioneer in the development of Lithium battery systems, smart battery packs, chargers, power supplies and docking stations, Micro Power has more than 20 years of experience developing battery solutions. With a proven track record of technical excellence, quality solutions and award-winning service, Micro Power has become the fastest growing supplier of custom battery systems in North America. For more information, please visit www.micro-power.com or call 800-576-6177.
About Red Herring
Red Herring covers technology innovation, venture financing, and the deals that make a difference. Its award-winning journalists go deeper, providing a comprehensive, critical analysis of what’s new and why it matters. Red Herring covers the business trends with insight that counts, serving today’s entrepreneurs and the technology of tomorrow. Head to www.RedHerring.com for articles, newsletters, and research reports that matter. To subscribe to the Red Herring Magazine call 866.311.9582 or email redherring@neodata.com.
