Communications Systems, Inc. (NASDAQ: JCS), the parent company of Suttle, today announced it has been recognized by Forbes magazine as one of the Best Performing Companies in the magazine’s list of America’s 200 Best Small Companies of 2009.
“We are honored to be included in the list of Best Small Companies in America by the prestigious Forbes magazine,” said Jeffrey K. Berg, President and Chief Executive Officer. “This achievement represents the hard work and dedication of all our employees who are the foundation of our success.”
Forbes’ List of 200 Best Small Companies in America is comprised of companies that have shown both sales and earnings growth. Candidates must have annual revenue between $5 million and $750 million, be publicly traded for at least a year, and have a stock price no lower than $5. Rankings are based on earnings growth, sales growth, and return on equity in the past 12 months, and over five years each company’s stock performance was also compared with those of its peers.
The list is featured in the November 2 issue of Forbes magazine
Click for more info on Communications Systems Inc.
Cautionary Statement
From time to time, in reports filed with the Securities and Exchange Commission, in press releases, and in other communications to shareholders or the investing public, Communications Systems Inc. may make forward-looking statements concerning possible or anticipated future financial performance, business activities or plans which are typically preceded by the words “believes,” “expects,” “anticipates,” “intends” or similar expressions. For these forward-looking statements, the Company claims the protection of the safe harbor for forward-looking statements contained in federal securities laws. Shareholders and the investing public should understand that these forward-looking statements are subject to risks and uncertainties which could cause actual performance, activities or plans after the date the statements are made to differ significantly from those indicated in the forward-looking statements when made.
