Usa, (PressExposure) August 19, 2008 -- Reset Electronics Inc., a distributor of electronic and lighting solutions based in Ontario, Canada, has been recognized as a high-growth private company by the Entrex Private Company Index (PCI), a benchmarking index that measures the performance of private companies in North America.
PCI gave Reset Electronics its Top Growth Award based on the 148 percent increase realized from its June 2008 revenue over June 2007.
âIn a slowing economy, any type of growth is significant,â said Stephen H. Watkins, CEO of Entrex, a Chicago-based company that sponsors the PCI. âGrowth of almost 150 percent is off the charts.â
Reset Electronics CEO Patrick Whittaker attributes the companyâs success to quoting on as many federal government opportunities as possible. âIn the past,â he said, âWe were somewhat limited to deals under $100,000, but now we are often working on much larger opportunities. Customers are coming to us with much larger projects, and suppliers are working with us to ensure we get the business. We have come a long way since starting the company in 1999.â
The PCI issues this Top Growth award each month and presents the Top Five Growth Company award each quarter.
To view recent and past winning companies, visit http://www.privatecompanyindex.com.
ABOUT PRIVATE COMPANY INDEX Published monthly, the Entrex Private Company Index (PCI) is a proprietary benchmarking tool that measures revenue performance in the sector of private companies with $250 million or less in annual revenue. http://www.privatecompanyindex.com.
ABOUT RESET ELECTRONICS INC. Reset Green is the newest division of Reset Electronics Inc., which is a stocking distributor of electronic components and provides electronic solutions to its customers. Reset Greenâs mission is to promote and be early adopters of the newest highly effective energy-saving products that provide significant savings without significant investments. Its solutions will permit end users to install energy-efficient lighting and increase cash flow. Its goal is to distribute enough energy-efficient products to save 80,000,000 KWH of electricity in Canada per year. This equates to 60,000 total tons of CO2 annually, which would require 300,000 trees to offset. [http://www.resetelectronics.com].