AMX Awarded in Dallas Fast Tech 50; Manufacturer Recognized as a Technology Leader in a Fast-Paced Market.DALLAS--(BUSINESS WIRE)--June 3, 1999-- Once again, AMX AMX American Motors Experimental AMX Aeromexico Aerovias de Mexico (ICAO code) AMX Air Mobility Express AMX Amberjacks (FAO fish species code) AMX Alabama Motor eXpress Corporation (Nasdaq:AMXX) has been recognized as one of the 50 fastest growing companies in the Dallas area. Sponsored by the Dallas Business Journal, Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing , and the Sevin Rosen Funds Sevin Rosen Funds (SRF) is a venture capital firm that was established in 1981 by L.J. Sevin and Ben Rosen. SRF was involved in the financing of ArQule, CIENA, Citrix, Cypress Semiconductor, Electronic Arts, Lotus Development Corporation, Silicon Graphics, and Vitesse. , the Fast Tech 50 is presented to the fastest moving high-tech companies in the Dallas-Ft. Worth Metroplex. This year marked the 6th time AMX has received the award in the past 7 years. Between fiscal year 1997 to 1998, AMX experienced a 41.5% increase in revenue, earning the 36th position. In an arena where some companies flourish one year and disappear the next, AMX's dedication to long-term growth is evidenced by a 114.8% increase in revenue between 1995 and 1998. "It is an honor to receive this award on behalf of AMX," said AMX CFO See Chief Financial Officer. David Chisum. "Our success is built on the efforts of over 380 dedicated employees working as a team, creating networked solutions for a variety of applications. Fiscal 1998 was a great year for AMX, and with all of the exciting changes going on within the organization, I'm looking forward to being back here next year." AMX Corporation, in concert with its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. PHAST PHAST Participatory Hygiene and Sanitation Transformation PHAST Prototype Hard and Soft Tooling (rapid prototyping) PHAST Practical Home Automation Systems Technology (AMX) Corporation, is the worldwide leader in integration network systems, innovations that bring people in touch with their technology. Specialists in the science and art of control, AMX Internet-active systems harness the power of electronic media, mechanics, and information so that technology behaves as a natural extension of our lives. Located in Dallas, with offices around the world, AMX stock is traded on the Nasdaq stock exchange under the symbol AMXX. For more information, contact AMX Corporation, 11995 Forestgate Drive, Dallas, Texas 75243, 800/222-0193, or visit AMX on the Internet at www.amx.com and www.phast.com. |
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