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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (11197)	8/14/2002 10:41:25 AM
From: Frederick Langford	Read Replies (1) \| Respond to of 16631

Engineered Support Named as One of 100 Fastest Growing Companies By Fortune Magazine /FROM PR NEWSWIRE CHICAGO 888-776-6551/ TO BUSINESS EDITOR: Engineered Support Named as One of 100 Fastest Growing Companies By Fortune Magazine ST. LOUIS, Aug. 14 /PRNewswire-FirstCall/ -- Engineered Support Systems, Inc. (Nasdaq: EASI) reported that Fortune magazine has recognized the Company as one of the "100 Fastest Growing Companies" in its August 19, 2002 issue. This is the first time in which Engineered Support has been so recognized by Fortune, according to Michael F. Shanahan, Sr., Chairman and CEO. Engineered Support Systems, which ranked 34th in the survey, met Fortune's evaluation criteria that include annual revenues of a minimum of $50 million, a minimum market cap of $50 million and annual sales and earnings per share growth of at least 25% for three straight years. The Company also delivered a total return to shareholders of 77% annually over the three-year period, which ranked in the top 10% of firms rated. "We are pleased to be recognized by Fortune as one of the fastest growing firms in America. Over the past several years, Engineered Support has posted record revenues and profits fueled by a strategy that combines aggressive acquisitions with sound internal growth. We are poised to continue this trend as we further strengthen our position as a leading supplier of defense electronics, support equipment and logistics services to the U.S. military," Shanahan concluded. The complete list of the Fortune's 100 Fastest Growing Companies can be found on the Fortune website, www.fortune.com or in the current magazine now on newsstands. Engineered Support Systems, Inc. is a diversified supplier of high-tech, integrated military electronics, support equipment and logistics services for all branches of America's armed forces and certain foreign militaries. The Company also serves a variety of commercial customers. For additional information about Engineered Support Systems, please visit the Company's website at www.engineeredsupport.com. Fred