WALNUT, Calif.--(BUSINESS WIRE)--Oct. 29, 1998--ViewSonic Corp., a leading worldwide provider of advanced display technologies, has been recognized by Inc. magazine as one of the fastest growing private companies in America.
This year ViewSonic ranked number 436 on the well-known Inc. 500 list.
This is the third time in the past six years that Inc. has named ViewSonic one of "America's Entrepreneurial Superstars." In 1993, ViewSonic ranked number 365, and in 1992, the company earned position number 168. Of all the companies named on Inc.'s 500 list, ViewSonic is the second largest in terms of total revenues in 1997.
ViewSonic has enjoyed remarkable success since introducing its first computer monitor in 1990. ViewSonic revenues have grown from just over $100 million in 1993 to nearly approaching $850 million in 1997, an increase of 716 percent. In addition, the number of employees has jumped from 84 to 590 between the years of 1993-97. Today, ViewSonic is the nation's largest seller of branded computer monitors, according to Stanford Resources Inc.
"Entrepreneurs, by nature, set high expectations for themselves and their companies," said James Chu, president and chief executive officer of ViewSonic. "This type of recognition for the third time would not have happened without the endless efforts from our employee-partners. We attribute Inc.'s validation of our success to them and know this award will inspire us to achieve our business goals."
Each year, Inc. Magazine's research team accepts applications and studies each company's growth patterns for the previous year. Therefore, the 1998 list actually recognizes growth during the 1996/97 fiscal year. In order to qualify for the list, companies must be independent and privately-held through the 1997 fiscal year, must have had at least $200,000 in base-year sales, and must have shown a sales increase from 1996 to 1997.
The Inc. 500 list is available today on newsstands. Additional details on each company will be posted on the magazine's Web site (www.inc.com) on Oct. 30, 1998.
Since 1990, ViewSonic(R) Corp. has established itself as a leading worldwide provider of high-performance display technology products. The company has maintained its position within the computer monitor industry by offering state-of-the-art technology at affordable prices. ViewSonic's commitment to quality, performance and customer satisfaction has resulted in hundreds of awards from such industry publications as PC World, PC Magazine, MacWorld and Computer Reseller News.
For more information, contact ViewSonic at Tel: 909/444-8800 or 909/869-7976, Fax: 909/468-3756; Internet: www.viewsonic.com.
Copyright(c) ViewSonic Corp., 1998. All rights reserved.