Product/Service

Adastra Systems Selected for the Inc. 500 One of This Year's Fastest-Growing Private Companies

Source: Adastra Systems
Adastra Systems Corporation, based in Hayward, CA, has been named one of the fastest-growing companies in the country by Inc
Adastra Systems Corporation, based in Hayward, CA, has been named one of the fastest-growing companies in the country by Inc. magazine, which today released its annual ranking of the Inc. 500, a comprehensive guide to America's fastest-growing private companies. The company ranked 331 on the list.

Adastra Systems Corporation, an ISO 9001 registered company, provides embedded control products and services for the OEM market. The Adastra Systems family of embedded products includes single board computers, embedded peripheral and I/O adapters, and hardware and software development tools. Services include custom design and manufacturing. The company was founded in 1993 and has headquarters in Silicon Valley. Adastra's customers include many Fortune 500 companies, and cover wide variety of applications such as medical instrumentation, manufacturing automation, multimedia systems, mobile computing, and scientific and test equipment.

Marc Brown, CEO of Adastra Systems, said that the company has been growth-oriented since its founding. "Adastra's goal is to become a worldwide market leader." he said, "This achievement is recognition that our strategy has been successful." "We've caught the attention of the industry," he added, "look for Adastra Systems to be in the news frequently in the future."

To be eligible for the Inc. 500, companies have to be independent and privately held through 1998, have at least $200,000 in sales in the base year, 1994, and their 1998 sales must have exceeded their 1997 sales. The ranking is based on the percentage increase in sales from 1994 through 1998. Holding companies, regulated banks and regulated utilities are not eligible. Inc. verified all information using tax forms and financial statements from certified public accountants and by conducting inter-views with company officials.

For additional information, contact Bruce Boyer of Adastra Systems at 510.732.6900 (voice), 510.732.7655 (fax), or bboyer@adastra.com (email).