Tuesday, August 28, 2012

POLARIS WIRELESS Named to INC.5000 list of fastest- growing private companies

Polaris Wireless, the global leader in high-accuracy, software-based wireless location solutions, announced today that it has been named to the sixth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies.


“We are very proud to be recognized with inclusion in this year’s prestigious Inc. 5000 list,” said Manlio Allegra, Polaris Wireless president and CEO. “Our robust growth is a direct result of our patented, industry-leading technology, unique product capabilities, and global deployments. We look forward to continuing to build on our success by expanding into new markets worldwide.”

Polaris Wireless achieved a major increase in sales bookings in the previous year, setting a company record with a year-over-year quadrupling of sales bookings and revenue increase of approximately 30 percent. The company’s revenue derives mainly from its OmniLocateTM universal location platform, and AltusTM intelligent surveillance application. Both products contain the easy to deploy, easy to maintain Polaris Wireless Location SignaturesTM technology, which identifies the location of a wireless device to within 50 meters. Polaris WLS™ delivers the best software-based location in challenging dense urban and indoor environments, and avoids the costly and time-consuming maintenance associated with hardware-based location solutions.


Polaris Wireless also provides its customers regular product enhancements and updates, and 24/7 technical and operational support to better monitor and improve the performance of its solutions. Polaris WLS is designed to scale as an operator's network grows, providing location capabilities in 2G (GSM/CDMA), 3G (UMTS/WCDMA), and emerging 4G (LTE) air interfaces, as well as indoor technologies such as WiFi, DAS, and Femtocells. Polaris Wireless ensures that an operator's critical ability to accurately locate all wireless devices will evolve alongside its network evolution.

The 2012 Inc. 5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by June 30, 2008. Additionally, they had to be based in the United States, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011.

About Polaris Wireless


Headquartered in Mountain View, Calif., Polaris Wireless is the global leader in providing high accuracy, software-based wireless location solutions to wireless operators, law enforcement/ government agencies and location-based application companies. Since 2003, Polaris Wireless has successfully deployed its patented, software-based, high-accuracy location solutions to over 20

wireless operators to meet FCC E911 Phase II requirements in the US. The company has also deployed high-accuracy location surveillance applications for customers in Asiaand EMEA. Polaris Wireless has offices in Dubai, U.A.E., Bangalore, India, and Santiago, Chile.


Polaris Wireless is the recipient of the prestigious Frost & Sullivan “2011 Enabling Technology of the Year” award, recognizing the company’s accomplishments and leadership in developing location solutions. The company participates in location committees and other groups within the 3GPP and OMA standards setting bodies, and also participates in regulatory and industry bodies related to


E911, lawful location surveillance, and location-based services. Polaris Wireless is located at 301 North Whisman Road, Mountain View, CA 94043 USA. For more information about Polaris Wireless,

please visit http://www.polariswireless.com.

About the Inc. 5000

The 2012 Inc. 500
5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million.

About Inc.

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com
Sourced From: PRHUB