ERP – ENERGY RECOVERY PRODUCTs – Ranked Number 199 Fastest Growing Company in North America on Deloitte’s 2014 Technology Fast 500™
Part of Deloitte’s Technology Fast 500™ for 3 Years in a Row
Moorpark, California, November 13, 2014,
ERP – ENERGY RECOVERY PRODUCTS – announced it ranked 199 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 500% during this period.
By taking into account only the Fast 500™ list of clean technology companies, ERP Power LLC is ranked number 9 in North America.
ERP’s Chief Operations Officer, Abdul Sher-Jan, attributes expertise and innovation to the company’s 500% revenue growth. He said, “The tremendous growth in clean energy technology fueled our growth, and will continue to drive our growth in the future.
We are very proud to be part of Deloitte’s Technology Fast 500™ list for 3 years in a row. ERP previously ranked 205 as a Technology Fast 500™ award winner for 2013, and 134 as a Technology Fast 500™ award winner for 2012”.
“The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015.”
“For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies’ DNA,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “We’re glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas.”
About Deloitte’s 2014 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 2009 to 2013.
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 Westlake Village, 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, email@example.com