FREMONT, Calif., Sept. 24 /PRNewswire/ -- Microfluidic Systems, a privately-held company, announced today that they received an award from Inc. Magazine. The Fourth Annual Exclusive List of America's Fastest-Growing Private Companies—the Inc. 5000 ranked Microfluidic Systems number 3035 with a growth rate of 68%. The list represents the most comprehensive look at the most important segment of the economy—America's independent-minded entrepreneurs. Music website Pandora, convenience store chain 7-Eleven, Brooklyn Brewery, and Radio Flyer, maker of the iconic children's red wagon, are among the prominent brands featured on this year's list.
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"The leaders of the companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. president Bob LaPointe. "The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs."
"We are extremely pleased to be included in this prestigious list of small and big companies – the Inc. 5000," explained Dr. M. Allen Northrup, CEO and President of MFSI.
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. The celebration for these awards will be held September 30–October 2, 2010, at the Gaylord National Resort and Convention Center in National Harbor, Maryland. For more information about the 2010 Inc. 500|5000 Conference & Awards Ceremony visit www.inc500conference.com or call 866-901-3205.
Microfluidic Systems (MFSI), www.microfluidicsystems.com , was founded in 2001 and is focused on the development of microfluidic systems for automated preparation of and performance of biological assays. MFSI personnel have been involved with the development of automated DNA-based pathogen detection systems and microfluidics for the US Government and commercial markets for over 25 years, including the world's first miniaturized, portable, battery-operated, real-time, polymerase-chain-reaction (PCR)-based detection system. For more information, please contact MFSI at 510-354-0400 or visit the website, www.microfluidicsystems.com.
Statements in this press release are forward-looking. Actual results might differ from these statements due to unforeseen events and uncertainties. MFSI disclaims any intention to or obligation to update these forward-looking statements.
M. Allen Northrup Ph.D.
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CEO and Chief Technology Officer
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Microfluidic Systems
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47790 Westinghouse Dr
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Fremont, CA 94539
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510-354-0400 ext 201
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510-354-0404 (fax)
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northrup@microfluidicsystems.com
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www.microfluidicsystems.com
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SOURCE Microfluidic Systems
For further information: M. Allen Northrup, Ph.D., CEO and Chief Technology Officer of Microfluidic Systems, +1-510-354-0400 ext 201, +1-510-354-0404 (fax), northrup@microfluidicsystems.com