Austin-based National Instruments named to Forbes 200 Best Small Companies.AUSTIN, Texas--(BUSINESS WIRE)--Oct. 24, 1996--National Instruments (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :NATI NATI National Association of Teen Institutes NATI Newfoundland Association of Technical Industries ) Thursday was named to the Forbes 200 Best Small Companies in America. National Instruments National Instruments, or NI (NASDAQ: NATI), is an American company with over 4,000 employees and direct operations in 41 countries founded in 1976 by Dr. James Truchard, Bill Nowlin and Jeff Kodosky. manufactures hardware products for PCs and workstations that scientists and engineers worldwide use to build virtual instrumentation systems in a variety of applications and industries. The company employs more than 1,100 people worldwide with more than 900 employees in Austin. On Tuesday the company announced record earnings for the third quarter of fiscal 1996 ended Sept. 30, 1996. Forbes chose from nearly 6,000 publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . Companies are ranked on return on equity (ROE), market value, profits, and sales. National Instruments ranked 53rd, 53rd, 53rd, and 65th, respectively. National Instruments is traded on the NASDAQ National Market System under the symbol NATI. More information on National Instruments is available from the company's SEC filings or by contacting the company's investor relations Investor relations The process by which the corporation communicates with its investors. department at 6504 Bridge Point Parkway, Austin, TX 78730-5039, 512/794-5090. -0- NOTE: For more information contact National Instruments, 6504 Bridge Point Parkway, Austin, TX 78730-5039, or call toll free 800/433-3488. CONTACT: National Instruments, Austin Tad Druart, 512/794-5662 (Editors) |
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