| [May 11, 2005] |
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Crossbow Technology Chosen for Red Herring 100 Private Companies in North America Honor; Business Technology Magazine Awards Crossbow for the Second Straight Year
SAN JOSE, Calif. --(Business Wire)-- May 11, 2005 -- Crossbow Technology, Inc. (www.xbow.com), the leading end-to-end supplier in wireless sensor networks and inertial systems and the largest manufacturer of Smart Dust wireless sensors, has been selected as one of the outstanding private companies in North America by the editors of Red Herring magazine. Crossbow's selection to the Red Herring 100 puts the company in an elite group of businesses that embody innovation, technology, and strategy. Over the last few months, Red Herring editors carefully examined the business models, financials, and management teams of almost one thousand North American technology companies before finally choosing the members of 100 list.
"We're pleased that the Red Herring is telling the world what we've known for years at Crossbow," says Crossbow President and CEO Mike Horton. "The people and products of our company make us one of the top technology businesses, and to stand along side some of the other top names in North America is tremendously gratifying."
The entire Red Herring 100 North America list will be published in the number 19 issue of the magazine, and will be available on newsstands on May 11. The 100 list will also be published on the Red Herring's web site at: http://www.redherring.com/rhspring05/nomination.html
Crossbow's selection to the Red Herring 100 Private Companies in North America list adds to honors for the company. "In 2004, Crossbow was selected as one of the Top 100 Innovators by the editors of the Red Herring," says Horton. "When we started the company 10 years ago, one of our goals was to be acknowledged as a leader in both the wireless sensor and inertial products markets. These honors help to validate our success."
About Crossbow Technology
Founded in 1995, Crossbow Technology, Inc. is the leading supplier of end-to-end solutions in wireless sensor networks and the largest manufacturer of wireless sensor networks. Crossbow has for years been at the forefront of creating and deploying smaller, smarter, wireless sensing devices and mesh networking platforms for large-scale defense, environmental, agricultural, industrial monitoring and control, building automation, security and asset tracking applications.
Crossbow Technology, Inc. is also the leading supplier of inertial sensor systems for aviation, land and marine applications and other instrumentation sensors. Crossbow has a ten-year history of delivering sensors for applications and industries with the most stringent performance requirements in the harshest of environments.
The company has shipped more than 500,000 of its advanced sensors to more than 1,000 customers, including select Fortune 100 and other leading industrial, defense, technology, civil engineering and manufacturing companies. The company's strategic partners include Intel Corporation. Headquartered in San Jose, Calif., Crossbow has distributors in 24 countries worldwide. The company received its ISO 9001/2000 Certification in May 2002, its FAA Certification for the AHRS500GA in January 2003 and its FCC Certification for the MICAz in October 2004. Contact Crossbow at +1-408-965-3300, e-mail info@xbow.com or visit Crossbow on the Web at www.xbow.com.
About Red Herring
Red Herring is the weekly magazine technology entrepreneurs, investors and industry observers read to stay ahead of the curve and to be better informed about the global marketplace. Red Herring covers technology, innovation, financial strategies, important personalities and trends that are transforming the world of business with unique insight, opinion and forward-looking analysis. Readers turn to Red Herring for knowledge to make strategic decisions, build companies and create a competitive advantage for their businesses. Red Herring articles, blogs, research and event information can be found online at www.redherring.com.
Crossbow Technology is a registered trademark of Crossbow Technology, Inc. All other corporate names or trademarks stated herein are the property of their respective companies. (C)2005 Crossbow Technology, Inc.
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