IWT Announces Selection to Inc. Magazine’s 5000 List for 2010

Innovative Wireless Technologies, Inc. (IWT) announced that it has made Inc. Magazine’s Inc. 5000 list for 2010. This year’s ranking as the 65th fastest-growing private company in the engineering sector, and number 3300 overall, is based on IWT’s impressive 49% average revenue growth from 2006 through 2009.

“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe.   “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”

“We are obviously pleased to be recognized by and included in Inc. Magazine’s 5000 list,” said co-founder and president, Eric Hansen.  “We feel especially proud and fortunate to have achieved these results during very challenging economic times.  I contribute our success to IWT’s customers and also to the great team of dedicated and talented employees who have made this success possible.”

Founded in 1997 to provide engineering services for wireless technologies, the Forest, Virginia – based IWT has expanded its capabilities and is now a leading provider of wireless mesh networking communications and location technologies and product solutions for critical communications and defense and security applications.