Tiger Optics Makes the PHILADELPHIA 100®
As One of the Region’s Fastest Growing Privately-held Companies
Warrington, PA – October 10, 2007 –Tiger Optics LLC, a leading manufacturer of laser-based trace gas analyzers, today announced that it has been recognized as one of the fastest growing, privately held companies in the 10-county Philadelphia region by being named to the Philadelphia 100®. The Philadelphia 100 was founded in 1988 to publicly identify, recognize and promote young successful companies in the Greater Philadelphia region. The annual program is conducted by the Entrepreneurs' Forum of Greater Philadelphia, Philadelphia Business Journal and Wharton Small Business Development Center.
“Tiger Optics is honored to be chosen among the top companies in the Philadelphia region. While we’re a global company, we rely on our strong foundation of local employees and leverage the opportunities afforded us by this vibrant business community,” said Lisa Bergson, CEO of Tiger Optics LLC. “This award is a testament to our commitment to delivering highly innovative products that solve real business problems and substantially impact the bottom line. As a result, Tiger Optics’ sales continue to grow at a record pace, as customers worldwide realize that gas analysis can be fast, accurate and cost effective.”
Tiger Optics has experienced a compound growth rate of 54 percent over the past five years, and 70 percent of sales in 2006 were to repeat customers. In 2007, Tiger Optics introduced a groundbreaking product line that addresses a previously unmet need – the Halo family of gas analyzers, the fastest and most accurate gas analyzers on the market, offered in the most compact form factor and cost-effective price point.
Tiger Optics was founded in 2001, having spun-off from parent company MEECO, a respected name in moisture analysis since 1948. In early 2002, Tiger Optics became the first to commercialize a powerful, patented technology known as Continuous Wave Cavity Ring-Down Spectroscopy (CW-CRDS) technology that enables faster and more accurate gas analysis at a lower total cost of ownership. Tiger Optics’ gas analyzers are now used by over 100 major companies worldwide, with close to 500 modules used by organizations in industries including semiconductor, chemicals, automotive, and electronic, industrial and specialty gas.
The 2007 Philadelphia 100® marks the 19th Anniversary of the founding of this prestigious research project and event. Tiger Optics will be honored at The 2007 Philadelphia 100® Awards Dinner and Ceremony, held on October 25 at The Sheraton Philadelphia. Previously recognized companies include NovaCare, Forman Mills, ATX, Mothers Work, Sabre Systems, Urban Outfitters and Kremer Laser Eye Center, Eggland’s Best and NeatReceipts. The Philadelphia 100® is a meritorious designation based on verifiable revenue growth as reported on federal tax forms or audited financial statements. The Philadelphia 100® is a registered trademark of the Entrepreneurs’ Forum of Greater Philadelphia, Philadelphia Business Journal and The Wharton Small Business Development Center. For more information about the Philadelphia 100®, please visit the website at www.Philadelphia100.com.
About Tiger Optics
Tiger Optics, LLC leads the way in 21st Century Spectroscopy by bringing to market the world’s first commercial gas analyzers based on patented Continuous Wave Cavity Ring-Down Spectroscopy (CW CRDS) technology. Designated transfer standards by many of the world’s leading national laboratories, Tiger’s cutting-edge gas analyzers offer absolute accuracy, real-time response, high sensitivity and low cost of ownership to meet the most demanding applications in an array of analytes, including moisture, oxygen, methane, acetylene, hydrogen cyanide, formaldehyde and ammonia. With over 400 points in operation, Tiger Optics analyzers are now improving process yields for over 80 companies worldwide in a host of industries, including: semiconductor, laboratory, process control, automotive, industrial and specialty gas. Headquartered in Warrington, PA, Tiger Optics is represented in the United States and internationally by a select group of sales and service organizations highly experienced in gas analysis and well versed in the advantages of CW CRDS technology. For additional information, visit www.tigeroptics.com
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CONTACT:
Matt McLernon
Bite Communications for Tiger Optics
(212) 857-9378
matt.mclernon@bitepr.com
