Recent Press release, GO APC!!!!
Steve...
Thursday April 6, 10:11 am Eastern Time
Company Press Release
SOURCE: American Power Conversion
American Power Conversion Debuts in Fortune 1000 APC Jumps 45
Spots in Forbes 500 List of Most Profitable U.S. Companies
WEST KINGSTON, R.I., April 6 /PRNewswire/ -- American Power Conversion (Nasdaq: APCC -
news) today announced that for the first time in its history, the Company has been named to the Fortune
1000 list. In Fortune magazine's ranking of the 1000 largest companies, which is based on 1999 revenues,
APC debuted at No. 929.
``APC has a very solid history of strong performance - topping $1.3 billion in revenues in 1999. We are extremely gratified to rank in the Fortune
1000 among some of the nation's most respected companies,' said Rodger B. Dowdell, Jr., APC's president and CEO. ``The fact that a company
that manufactures and markets power protection equipment made it to the Fortune 1000 sends a strong message about the success APC has
had in addressing the growing demand for solutions that enhance the availability of computer systems. This is particularly the case in today's
Internet infrastructure build-out where both companies and consumers alike have a need for reliable power.'
APC has also been recognized in the Forbes 500 list of the most profitable U.S. companies for the second year in a row. APC improved its
profitability ranking to No. 413 for 1999 compared to No. 458 in 1998.
APC has frequently been recognized for its financial performance. Early on in the Company's development it was named to such prestigious lists
as BusinessWeek's ``Best Small Companies,' Forbes' ``Best 200 Small Companies,' Fortune's ``100 Fastest Growing Companies,' and Inc.'s
``100 Fastest Growing Small Public Companies.' Since that time, APC has continued to aggressively expand its business, catapulting the
Company onto many lists of business excellence including most recently Forbes' ``Platinum List of America's Best Big Companies', The Red
Herring 250, and PC Magazine's ``Top 100 Most Influential Companies.'
For more information about APC and its award-winning power protection and management solutions, visit APC's Web site at www.apcc.com
or call 800-877-4080.
About American Power Conversion
Founded in 1981, American Power Conversion (Nasdaq: APCC - news) is a leading provider of global, end-to-end power protection products
and services, which include surge suppressors, uninterruptible power supplies (UPS), power conditioning equipment, related software, and
professional and consulting services for Nonstop Networking(TM). APC's comprehensive solutions, which are designed for both home and
corporate environments, improve the manageability, availability and performance of sensitive electronic, network, communication and industrial
equipment of all sizes. APC, which is headquartered in West Kingston, Rhode Island, reported sales of $1.337 billion for the year ended
December 31, 1999. |
