Applied Innovation Listed as One of America's Fastest-Growing Small Businesses.Business & High-Tech Editors DUBLIN, Ohio--(BUSINESS WIRE)--July 3, 2001 Applied Innovation Inc. (Nasdaq:AINN AINN Artificial Intelligence Neural Network ) has been included in the inaugural FSB (FrontSide Bus) See system bus. FSB - front side bus : FORTUNE Small Business 100 list of the fastest growing, publicly held small businesses. Based on its growth and profitability, Applied Innovation is number 60 on the prestigious list of high-growth companies with under $200 million in revenue. "Year 2000 was an exceptional year for us," said Robert L. Smialek, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Applied Innovation. "We achieved record revenue and launched several new initiatives that strengthened our long-term position. We are honored to be included in the inaugural FORTUNE Small Business 100." In addition to essentially doubling sales revenue to $116.1 million for the year, the company expanded its Services Division and launched LuxPath Networks to meet the emerging demand for optical Ethernet services for metro area This article is about the music production team. For the article about population centers, see metropolitan area. Metro Area are a Brooklyn-based dance music production team composed of Morgan Geist and Darshan Jesrani. networks. The FSB 100 list, which appears in the July/August issue, honors companies for demonstrating consistent growth in size, revenues and profitability. Companies were ranked based on earnings growth, revenue growth and total stock return, including dividends. About Applied Innovation Applied Innovation is a leader in the design, manufacture and deployment of state-of-the-art management solutions for simplifying the control of today's complex networks of physically dispersed dis·perse v. dis·persed, dis·pers·ing, dis·pers·es v.tr. 1. a. To drive off or scatter in different directions: The police dispersed the crowd. b. and technically diverse elements. The company provides hardware, software, service and turnkey network management solutions to leading telecommunications, cable and Internet companies, including all Regional Bell Operating Companies The Regional Bell Operating Companies (RBOC) are the result of the U.S. Department of Justice antitrust suit against American Telephone & Telegraph. History (RBOCs). Applied Innovation also participates in the high-speed data transport market through LuxPath Networks, a division focused on the development of broadband Ethernet aggregation and transport products, which provides high-capacity, carrier-quality, fiber optic transmission solutions. Applied Innovation, headquartered in suburban Columbus, Ohio Columbus is the capital and the largest city of the American state of Ohio. Named for explorer Christopher Columbus, the city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and assumed the functions of state capital in 1816. is traded on NASDAQ under the symbol AINN. For further information, please visit us at www.aiinet.com, call 1-800-247-9482. For more specific information on LuxPath Networks, visit www.luxpath.com, or call 1-877-781-4900. |
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