CAMBRIDGE, Mass.--(BUSINESS WIRE)--Oct. 25, 1999--
Momentum builds at SensAble Technologies as the company is named one of the fastest-growing companies in the country by Inc. Magazine. The magazine recently released its annual ranking for the Inc. 500, the comprehensive guide to America's
This recognition comes on the heels of other SensAble successes. In September, the New England Fast 50 named SensAble to their 1999 list of fastest growing technology companies. Just one month before that announcement, SensAble amazed the computer graphics industry with the launch of the FreeForm(tm) modeling system, the first application to allow modelers and designers to use their sense of touch to model on the computer.
The Inc. 500 is an exclusive report on the companies and CEOs who are changing American business. Past Inc. 500 companies have included household names like Microsoft, Timberland, Dominos Pizza and Patagonia.
SensAble Technologies, ranked #211, is the industry leader in 3D Touch(tm) force feedback technology and is redefining the way professional computer users interact with their 3D data. Their PHANTOM(tm) hardware interfaces have won numerous awards and have been featured in publications worldwide, including The Wall Street Journal, BusinessWeek and Fortune. The recently released FreeForm(tm) modeling system, SensAble's first 3D Touch application, is receiving equal attention from media and customers. The company has over 200 customers in more than 25 countries, including General Electric, DaimlerChrysler, Boeing, Honda, Disney, France Telecom, Shell, Sandia National Laboratories and the Mayo Clinic.
SensAble president Bill Aulet credits innovative 3D Touch solutions and dedicated research and sales teams to the company's 1233% revenue growth over the past five years. "We are very proud to be part of the rich tradition of the Inc. 500," says Aulet. "The recognition is another validation of our business strategy of leveraging our 3D Touch technology to provide compelling customer solutions."
This marks the 18th year that Inc. has charted the progress of America's most innovative and successful entrepreneurs. To be eligible for the Inc. 500, companies have to be independent and privately held through 1998, have at least $200,000 in sales in the base year, 1994, and their 1998 sales must have exceeded their 1997 sales. The ranking is based on the percentage increase in sales from 1994 through 1998. Holding companies, regulated banks and regulated utilities are not eligible. Inc. verified all information using tax forms and financial statements from certified public accountants and by conducting interviews with company officials.
For additional information, please visit the SensAble website at http://www.sensable.com.
SensAble, PHANTOM, GHOST, FreeForm and 3D Touch are trademarks of SensAble Technologies, Inc. SensAble Technologies, Inc., 215 First Street, Cambridge, MA 02142. Tel: 617-621-0150, Fax: 617-621-0135, Email: info@sensable.com