Coherent - A Business Week Hot Growth Company Twice Over.LEESBURG, Va.--(BUSINESS WIRE)--May 22, 1996--Coherent Communications of Leesburg, Virginia Leesburg is a historic town and is the county seat of Loudoun County, Virginia, United States of America. Located approximately 40 miles west-northwest of Washington, D.C. has made Business Week's 1996 list of the 100 fastest-growing small companies for the second year running since going public in 1994. Coherent's sales for fiscal 1995 were a record $43.8 million, a 44% increase over 1994 sales, achieving net income of $7.6 million - almost twice that of the 1994 figures. Achieving a placing on Business Week's exclusive list involves a company exceeding in three ways: three year results in sales growth, earnings growth, and return on invested capital. To qualify, a company has to have annual sales of more than $10 million and less than $150 million, a current market value greater than $1 million, a current stock price greater than $2, and be actively traded. This latest acknowledgment is one of the growing number that have been awarded to Coherent in recent months, with the Company achieving positions in the Sixth Annual Upside 200, the World Trade 100 Fastest Growing Companies, Forbes 200 Best Small Companies in the World, and the Washington Fast Track 50. Coherent Communications Systems Corporation is a worldwide leader in state of the art voice enhancement technology, spanning echo cancellation The elimination of an echo in a two-way voice transmission. Echo is created in the telephone company's central office switch when two-wire lines from the customer are converted to four-wire lines for backbone trunks. platforms and associated network software. The Company also manufactures a market leading range of full duplex (Computers) arranged so that the information may be transmitted in both directions simultaneously; - of communications channels between computers; contrasted with DBT Dibenzothiophene DBT Drive-By Truckers (band) DBT Design Basis Threat DBT Deutscher Bundestag (German Parliament) , and France Telecom among the extensive list. Coherent is a fully accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 company, dedicated to maintaining the highest quality standards at every level. CONTACT: Diane McClelland at Coherent (703) 729-6400 |
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