Fargo Electronics Named to Forbes List of 200 Best Small Companies; Company's Strong, Sustained Financial Performance Earns Debu
19 Octubre 2005 - 5:30AM
Business Wire
Fargo Electronics, Inc. (NASDAQ:FRGO), a global leader in secure
technologies for card identity systems today announced its naming
to the Forbes Magazine List of "200 Best Small Companies," its
first inclusion in the annual ranking. Forbes.com describes the
list as, "solid and consistent hitters that have performed well
when measured over the last 12 months and the past five years, and
are poised for another growth spurt." The list includes companies
with annual revenues from $5 to $750 million, net profit margins
greater than 5%, and share prices above $5 as of Sept. 29, 2005.
The companies were ranked based on return on equity, sales and EPS
growth over time. "Being named to the Forbes list is a tribute to
the hard work of our associates, suppliers, technology partners,
integrators and board of directors," said Gary Holland, Fargo
president and CEO. "Their teamwork will lead the way for our
continued success." About Fargo Founded in 1974, Fargo Electronics
is a global leader in the development of secure technologies for
identity card issuance systems, including secure card
printer/encoders, materials and software. The company has sold more
than 100,000 systems in the U.S. and over 80 other countries
worldwide. Fargo card issuance systems reduce vulnerabilities and
potential for loss of time, money and lives by continually
improving the security of identity credentials. Fargo provides
physical, information and transaction security for a wide variety
of applications and industries, including government, corporate,
national IDs, drivers' licenses, universities, schools and
membership. Based in Minneapolis, Minn., Fargo markets its products
through a global distribution network of professional security
integrators. For more information about Fargo, visit www.fargo.com.
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