ERP – ENERGY RECOVERY PRODUCTS – Ranked Number 134 Fastest Growing Company in North America on Deloitte’s 2012 Technology Fast 500™
781% Revenue Growth in LED Drivers and Power Supplies between 2007 and 2011
Moorpark, California, November 14, 2012,
ERP – ENERGY RECOVERY PRODUCTS – announced it ranked number 134 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 grew 781% during the period from 2007 to 2011.
By taking into account only the Fast 500™ list of clean technology companies, ERP Power LLC is ranked number 15 in North America.
“We are proud to honor the 2012 Technology Fast 500™ companies, and commend them for their outstanding growth,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications (TMT) leader. “These ground-breaking companies have outpaced their competition and are reinventing the way we do business today.”
“The companies on the Fast 500 list are among those that have demonstrated remarkable innovation, creativity and business savvy,” said Bill Ribaudo partner, Deloitte & Touche LLP and national TMT leader for audit and enterprise risk services (AERS). “As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of ERP Power LLC for this impressive accomplishment.”
About Deloitte’s 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche 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 2007 to 2011.
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 Murphy, ERP, tel: +1-805- 222-4686, jarcher@erppowerllc.com