ERP – ENERGY RECOVERY PRODUCTS – Ranked Number 205 Fastest Growing Company in North America on Deloitte’s 2013 Technology Fast 500™
507% Revenue Growth in LED Drivers and Power Supplies between 2008 and 2012
Moorpark, California, November 12, 2013,
ERP – ENERGY RECOVERY PRODUCTS – announced it ranked number 205 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. ERP Power LLC grew 507% during the period from 2008 to 2012.
By taking into account only the Fast 500™ list of clean technology companies, ERP Power LLC is ranked number 12 in North America.
“The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “This year’s list is a who’s who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next.”
“The fastest growing companies in the US are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software, biotech/pharma and internet companies continue to be at the forefront,” added James Atwell, national managing partner of the Emerging Growth Company practice, Deloitte Services LP. “The companies excelling in these sectors have a startup mentality that allows them to be nimble and adapt quickly, which is why they consistently lead the list of fast-growing companies each year.”
About Deloitte’s 2013 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2008 to 2012.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
About ERP – ENERGY RECOVERY PRODUCTS
Established in 2006, ERP designs and manufactures energy-efficient AC-DC power supplies for LED lighting, industrial, IT and computing markets. ERP’s technology offers an industry-beating combination of high efficiency, compact size and low cost.
ERP is headquartered in Moorpark, California, USA, and has a wholly owned manufacturing facility in Zhuhai, China. The Zhuhai facility is ISO9001-certified and is configured with high-speed production lines for LED drivers and high-density power supplies, as well as state of the art burn-in chambers and automated test equipment.
In April 2012, ERP joined the Zhaga Consortium in a combined effort to accelerate the adoption of Solid-State Lighting globally.
PR Contact: Jeanne Archer, ERP Power LLC, 805.222.4686, firstname.lastname@example.org