Tiger Optics LLC, a leading manufacturer of laser-based trace gas analysers, has been recognised as one of the fastest growing, privately held companies in the 10-county Philadelphia region of the US after being named in the Philadelphia 100 for 2007, marking the 19th anniversary of the founding of the prestigious research project and event.
Founded in 1988 to publicly recognise and promote young successful companies in the Greater Philadelphia region, the annual Philadelphia 100 programme is conducted by the Entrepreneurs’ Forum of Greater Philadelphia, the Philadelphia Business Journal and the Wharton Small Business Development Centre.
Tiger Optics has enjoyed a successful start since its foundation in 2001 as a spin-off from parent company MEECO, a respected name in the moisture analysis sector. The company has experienced a compound growth rate of 54% over the past 5 years and 70% of sales in 2006 were to repeat customers.
Lisa Bergson, CEO of Tiger Optics LLC, proudly said, “Tiger Optics is honoured to be chosen among the top companies in the Philadelphia region. While we’re a global company, we rely on our strong foundation of local employees and leverage the opportunities afforded us by this vibrant business community.”
“This award is a testament to our commitment to delivering highly innovative products that solve real business problems and substantially impact the bottom line. As a result, Tiger Optics’ sales continue to grow at a record pace, as customers worldwide realise that gas analysis can be fast, accurate and cost effective,” Bergson continued.
Honoured at The 2007 Philadelphia 100 Awards Dinner and Ceremony held on 25th October, Tiger Optics has previously introduced a groundbreaking product line that addresses a previously unmet need for the fastest and most accurate gas analysers on the market, offered in the most compact form and cost effective prices.