Coherent's Performance Earns Press Recognition
Business Wire - May 22, 1997 07:04
LEESBURG, Va.--(BUSINESS WIRE)--May 22, 1997--The outstanding financial performance of Coherent
Communications Systems Corporation (NASDAQ: CCSC) of Leesburg, Virginia continues to be recognized in leading
business publications. Coherent has made Business Week's 1997 list of the 100 Best Small Corporations for the third
year running since going public in 1994, ranking 26, compared to 67 in 1996 and 100 in 1995. Coherent also made its
third appearance in the Washington Post list of Top 100 Public Companies, which ranks companies by revenues,
achieving a ranking of 87, rising two places.
Winning a position on Business Week's Hot Growth Companies list requires that a company exceeds three criteria:
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 an active trade status.
Coherent Communications Systems Corporation is a worldwide leader in state of the art voice enhancement technology,
spanning echo cancellation platforms and associated network software. The Company's products are used globally by
major wireless and wireline telecommunications companies and network operators, including AT&T Wireless, British
Telecom, Cable & Wireless, Cellular One, Cisco Systems, Deutsche Telekom, France Telecom, KDD, Mercury,
Nokia, NORTEL, Telia, and Telmex, among the extensive list. Coherent is a fully accredited ISO 9001 company,
dedicated to maintaining the highest quality standards at every level. The Company's headquarters are based in
Leesburg, Virginia, USA.
Also available via Coherent's Web Page: coherent.com |
