Inc. Magazine Ranks LandAirSea Systems Among Top 500 in 2008.
Cary, Illinois, September 8, 2008. LandAirSea Systems, a groundbreaking manufacturer in the computers and electronics industry, was recently named among Inc. Magazine’s 500 fastest growing privately held companies in America, with a ranking of 341. Likewise, they were ranked #16 out of the top 100 businesses in the Chicago area market which also extends to encompass parts of Indiana and Wisconsin.
Incorporated in 1994, LandAirSea has been a provider of GPS based surveillance technology for nearly fifteen years, with a worldwide distribution range that includes government agencies, small and large businesses and individual families. Between 2004 and 2007, the Cary, Illinois based establishment has shown a significant growth rate of 854.5% .
Rob Wagner, President & CEO of LandAirSea Systems partially attributes this success to increased investment in engineering and marketing. “Over the past few years we have focused on reducing our manufacturing costs which has lead to a lower price in the marketplace. We have also focused on increasing our distribution channels to make it more convenient for our customers to buy our products.”
Inc. is a monthly magazine for entrepreneurs and small businesses. Its publication includes an annual list of the 500 fastest-growing companies -the “Inc. 500”. The 2008 Inc. 500 list calculates revenue growth from 2004 through 2007. To qualify, companies must be U.S. based and privately held, independent as of December 31, 2007 and have had at least $200,000 in revenue in 2004 and $2 million in 2007.
About GPS Systems
GPS tracking uses a system of satellites orbiting the earth to determine an approximate placement of the receiver within a few meters of its actual location. These devices are designed to record and display both real time and historical positioning. All products manufactured by LandAirSea undergo extensive pre-development research and testing before being made available for purchasing. Some have even been instrumental in aiding the investigation of federal criminal cases, including a 2007 murder case.
About LandAirSea
LandAirSea, an industry leading provider of effective, affordable tracking solutions is revolutionizing the way organizations and individual consumers function on a day-to-day basis. Their record growth over the last decade has necessitated a move from its current 2,500 sq. ft. location in Cary, Illinois to a 10,000 sq. ft. facility in neighboring Woodstock. The move is expected to take place in November of this year. For more information, visit www.landairsea.com.
Tags: GPS Tracking, Inc. 500, LandAirSea
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