Forbes Names Tekelec to 'America's 200 Best Small Companies' List
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[November 20, 2008]

Forbes Names Tekelec to 'America's 200 Best Small Companies' List

Nov 21, 2008 (10Meters.com via COMTEX) --
Tekelec, a provider of mobile phone, mobile Internet and land-line
connections, has been named as one of "America's 200 Best Small
Companies" by Forbes magazine in its annual list of public companies
with sales between $5 million and $750 million.
According to the company, the Forbes ranking comes weeks after Standard
& Poor's added Tekelec to its S&P SmallCap 600. The S&P selection was
based on financial criteria including financial viability, liquidity,
adequate float size and market capitalization between $250 million and
$1.5 billion.
Forbes' evaluation is based on return on equity, sales growth and
profit growth over the past 12 months and also over five years. In
addition, magazine staff compared companies' stock performance with
their industry peers, and required companies to have a minimum stock


price of $5 as of Sept. 29, the company said.
"The Tekelec team has worked diligently to build a company that is
based on operational excellence and innovation," said Frank Plastina,
president and chief executive officer, Tekelec. "I am pleased to see
Tekelec employees be recognized for their ongoing efforts to deliver
value to our customers and our shareholders."
((Comments on this story may be sent to newsdesk@closeupmedia.com))
((Distributed via M2 Communications Ltd - http://www.m2.com))
http://www.10meters.com
Comments on this story may be sent to newsdesk@closeupmedia.com

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