ASD Inc. (formerly Analytical Spectral Devices) today announced its inclusion on the inaugural Inc. 5,000 list of the fastest-growing privately held companies in the country. The Inc. 5,000, an extension of Inc. Magazine’s annual Inc. 500 list, catches many businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms. Taken as a whole, these companies represent the backbone of the U.S. economy.
“It’s an honor to be recognized as one of the fastest growing private companies in the country,” said Dave Rzasa, ASD’s CEO. “Our spectroscopic tools provide cost-effective, non-destructive and quality of materials information which is useful for many global industries such as biofuels, pulp and paper, mining and mineral processing. ASD has successfully responded to the growing demands from these industries, as evidenced by our sustained sales growth.
“The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy – the entrepreneurial part,” said Inc. 5,000 Project Manager Jim Melloan. “The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like manufacturing and construction that are underreported in the business media.”
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies must be U.S.-based, privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.
ASD Inc. is unsurpassed in solving some of the world’s most challenging materials measurement problems. We collaborate with industrial professionals, analytical researchers, and remote sensing scientists to provide the most reliable, high-performance analytical instrumentation solutions for real-world applications. Established in 1990 and based in Boulder, Colorado, USA, ASD Inc. has customers world-wide.