IntriCon Named to Fortune Small Business' Eighth Annual ''100 Fastest-Growing Small Companies'' List
June 18 2008 - 11:00AM
Business Wire
IntriCon Corporation (NASDAQ: IIN), a designer, developer,
manufacturer and distributor of body-worn medical and electronics
devices, has been named to FORTUNE Small Business magazine�s 2008
list of the 100 fastest-growing small companies in America. The
�FSB 100� list, which is comprised of public companies, appears in
the July/August issue of FORTUNE Small Business magazine and is
available at:
http://money.cnn.com/magazines/fsb/fsb100/2008/full_list/index.html
�We are very pleased to be included in the annual FORTUNE Small
Business 100 list,� said Mark Gorder, chief executive officer of
IntriCon. �Our targeted focus on body-worn devices is driving
company performance. And it�s our unwavering commitment to
enhancing the mobility and effectiveness of these devices, combined
with our strategic expansion initiatives, that made this
achievement possible�and will help us continue to grow.� Ranked
number 22 on the FSB 100, IntriCon is one of five Minnesota
companies to make the list. IntriCon was also listed in the top
performers section, �Top companies: Stock performance,� ranking
number 6. The FSB 100 is developed by financial research firm Zacks
which ranks public companies with revenues of less than $200
million and a stock price of more than $1, based on percentage
growth in earnings, revenue and stock performance over the past
three years. In addition, IntriCon is the focus of a FSB 100
feature titled, �A champion of reinvention.� The article may be
accessed at:
http://money.cnn.com/2008/06/04/smallbusiness/intricon.fsb/ About
IntriCon Corporation Headquartered in Arden Hills, Minn., IntriCon
Corporation designs, develops and manufactures miniature and
micro-miniature body-worn medical and electronics products. The
company is focused on three key markets: medical, hearing health,
and professional audio and communications. IntriCon has facilities
in the United States, Asia and Europe. The company�s common stock
trades under the symbol �IIN� on the NASDAQ Stock Market. For more
information about IntriCon, visit www.intricon.com. Forward-Looking
Statements Statements made in this release and in IntriCon�s other
public filings and releases that are not historical facts or that
include forward-looking terminology such as �may�, �will�,
�believe�, �expect�, �should�, �optimistic� or �continue� or the
negative thereof or other variations thereon are �forward-looking
statements� within the meaning of the Securities Exchange Act of
1934 as amended. These forward-looking statements include, without
limitation, statements concerning the benefits of AME�s technology,
prospects in the miniature body-worn device arena, future growth
and expansion, future financial condition and performance,
prospects and the positioning of IntriCon to compete in chosen
markets. These forward-looking statements may be affected by known
and unknown risks, uncertainties and other factors that are beyond
IntriCon�s control, and may cause IntriCon�s actual results,
performance or achievements to differ materially from the results,
performance and achievements expressed or implied in the
forward-looking statements. These risks, uncertainties and factors
include, without limitation, risks related to the Tibbetts
acquisition, including unanticipated liabilities and expenses, the
risk that IntriCon may not be able to achieve its long-term
strategy, weakening demand for products of the company due to
general economic conditions, possible non-performance of developing
technological products, the volume and timing of orders received by
the company, changes in the mix of products sold, competitive
pricing pressures, availability of electronic components for the
company�s products, ability to create and market products in a
timely manner, competition by competitors with more resources than
the company, foreign currency risks arising from the company�s
foreign operations and other risks detailed from time to time in
the company�s filings with the Securities and Exchange Commission,
including the Annual Report on Form 10-K for the year ended
December 31, 2007. The company disclaims any intent or obligation
to publicly update or revise any forward-looking statements,
regardless of whether new information becomes available, future
developments occur or otherwise.
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