Bel Fuse Recognized by Business 2.0 Magazine as One of the 100 Fastest Growing Tech Companies.JERSEY CITY, N.J. -- BEL FUSE INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (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 :BELFA) (NASDAQ:BELFB) today announced it has been recognized in the June 2006 issue of Business 2.0 Magazine as one of the "100 Fastest Growing Tech Companies" in 2006. Bel was ranked 55th on the publication's annual list based on its three-year annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. growth in revenue, earnings, cash flow and stock price. E[acute accent]"The Business 2.0 list is comprised of the fastest growing tech companies in the business services, electronics, manufacturing, medical, military, retail, software and telecom sectors. Among these 100 fastest growing companies, Bel's 34% revenue growth was ranked 40th, our 81% earnings growth rate was ranked 48th and our 76% operating cash flow Operating cash flow Earnings before depreciation minus taxes. Measures the cash generated from operations, not counting capital spending or working capital requirements. growth rate was ranked 35th. We are delighted that Business 2.0 Magazine recognized Bel's strong three-year growth achievements and highlighted the increasing sales of Bel's DC-DC DC-DC Direct Current to Direct Current (power conversion) converter and connector products," said Daniel Bernstein, 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 Bel Fuse. E[acute accent]About Bel E[acute accent]Bel (www.belfuse.com) and its subsidiaries are primarily engaged in the design, manufacture and sale of products used in networking, telecommunications, high speed data transmission, and consumer electronics. Products include magnetics (discrete components, power transformers and MagJack(R)s), modules (DC-DC converters, integrated analog front end modules and custom designs), circuit protection (miniature, micro and surface mount fuses) and interconnect devices (passive jacks, plugs and cable assemblies). The Company operates facilities around the world. |
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