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 VALERE POWER WINS TECH TITANS AWARD IN RECOGNITION
OF FAST GROWTH
High-growth telecommunications infrastructure company is ranked the fastest growing technology company in Dallas Area Metroplex RICHARDSON, TX — August 25, 2004 — Valere Power today announced it was named to the DFW Titan Fast 50 list, and ranked as the fastest growing company in the 1-year growth category of companies in the Dallas–Fort Worth metropolitan area at the annual Tech Titans award program organized by the Metroplex Technology Business Council (MTBC). The DFW Titan Fast 50 list is compiled by the MTBC to recognize high-growth local companies, and is comprised of a one-year category for companies that have shown rapid growth during 2003, and a five-year category for companies that can demonstrate high growth during the period from 1999 – 2003. Valere Power, which was founded in 2001, was named the #1 fastest growing technology company in the one-year category, based on the approximately 654% growth the company experienced in the year ending in 2003 that was driven by strong demand for its innovative, high-efficiency power systems for telecommunications and enterprise networks. “ From inception, it has been Valere’s vision to design and market leading edge DC power systems for Telecommunication and Enterprise applications. Today, and everyday, we are continually realizing that vision through the development of innovative products and the diligent work of our employees. It is an honor to have those achievements recognized by our peers,” said Andy Marsh, Valere Power President, CEO and co-founder. “I thank the MTBC and their sponsors for this program and for making the Metroplex a great place to start a high-growth business like Valere Power.” The Tech Titans Titan Fast 50 awards are presented annually by the Metroplex Technology Business Council in Richardson, Texas, serving the Telecom Corridor® and all of North Texas. The title sponsors for the awards are Deloitte and Locke Liddell & Sapp, LLP. The Tech Titans awards sponsor is PricewaterhouseCoopers and the Titan Fast 50 sponsors are Deloitte, Haynes and Boone, and Nasdaq. For more information, visit www.dfw-tech-titans.com. About MTBC Founded in 1994 by MCI, Nortel Networks, Fujitsu, and
Rockwell International, the Metroplex Technology Business Council (MTBC)
is non-profit 501(c)(6) organization. Membership in the MTBC consists of
technology members (80 percent of membership) and provider members (20 percent
of membership). Membership is open to all technology companies in the Metroplex.
The MTBC is dedicated to fostering a supportive business environment for
technology companies and members of the technology community through leadership,
advocacy, education and cooperative initiatives.
ABOUT VALERE POWER
Valere Power, headquartered in Richardson, TX, is
an advanced AC/DC power system company with proprietary technologies that
reduce power dissipation and system size, simplify installation, and offer
advanced remote monitoring for telecommunications service providers and
enterprises. More information is available at www.valerepower.com.
PRESS CONTACT
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